Greaves Cotton Limited , through its subsidiary Greaves Electric Mobility, has achieved a groundbreaking milestone in the electric vehicle (EV) industry with its newly launched Eltra City Xtra. The electric three-wheeler has set a new national record by traveling an impressive 324 kilometers on a single charge, marking a significant leap in EV technology and performance.

Record-Breaking Journey

The record-setting feat, dubbed 'Freedom Ride 2.0', saw the Eltra City Xtra complete a journey from Bengaluru, Karnataka to Ranipet, Tamil Nadu without requiring a recharge. This achievement has earned the vehicle a spot in the India Book of Records for the longest distance traveled by an electric passenger three-wheeler on a single charge.

Technological Advancements

The Eltra City Xtra represents the next generation of Greaves Electric Mobility's commitment to sustainable transportation. Key features of the vehicle include:

• A powerful LFP (Lithium Iron Phosphate) battery
• Intelligent digital interface
• Top speed of 60 kmph
• True range of ~170 km under normal operating conditions (Driver + 3 passengers)
• Payload capacity of up to 330 kg
• Ability to climb gradients of up to 12°
• 12" radial tires for enhanced ride quality and ground clearance
• 6.2" PMVA digital cluster with BLE connectivity

Performance and Reliability

The Eltra City Xtra is engineered for both performance and durability:

• Peak 9.5 kW motor
• 10.75 kWh IP67-rated LFP battery
• Charging time of 4-5 hours
• 5-year or 1.2 lakh kilometers battery warranty
• 3-year or 80,000 kilometers vehicle warranty

Industry Impact

Manoj M P, Chief Business Officer of Greaves Electric Mobility, emphasized the significance of this achievement: "This is more than just a record—it's a reaffirmation of our commitment to providing dependable, high-performance electric mobility solutions for everyday entrepreneurs. With the Eltra City XTRA, we're not only setting benchmarks but raising them ourselves—delivering on the promise of innovation, safety, and affordability."

Vikas Singh, MD of Greaves Electric Mobility, added: "This Freedom Ride 2.0 isn't just about distance—it's about impact. It shows how our products are empowering livelihoods while supporting India's green goals. The Eltra City XTRA is built for tomorrow's roads, today."

Looking Ahead

As India continues its push towards sustainable transport, Greaves Electric Mobility is positioning itself at the forefront of the EV revolution. With its 165-year legacy and pan-India service footprint, the company aims to contribute significantly to the country's green mobility goals while empowering lives through innovative and reliable electric mobility solutions.

The launch of the Eltra City Xtra and its record-breaking performance demonstrate Greaves Electric Mobility's commitment to advancing EV technology and meeting the evolving needs of the Indian market. As the demand for sustainable transportation options grows, innovations like the Eltra City Xtra are set to play a crucial role in shaping the future of mobility in India.

Greaves Cotton Limited , a diversified engineering company, has announced a significant development in its electric mobility business. Its subsidiary, Greaves Electric Mobility Limited (GEML), has increased its ownership stake in MLR Auto, strengthening its position in the electric vehicle market.

Key Highlights

• GEML has raised its stake in MLR Auto to 67.41%
• The increased ownership comes through a ₹55.00 crore investment in a rights issue
• This move reinforces GEML's commitment to the electric mobility sector

Investment Details

Greaves Electric Mobility Limited, a key player in the electric vehicle segment and a subsidiary of Greaves Cotton, has made a strategic move by investing ₹55.00 crore in MLR Auto through a rights issue. This investment has resulted in GEML increasing its ownership stake in MLR Auto to 67.41%.

Strategic Implications

The increased stake in MLR Auto is likely to strengthen GEML's position in the electric mobility market. By gaining a majority stake, GEML can potentially have more control over MLR Auto's operations and strategic direction, which could lead to better synergies between the two companies.

About Greaves Cotton and GEML

Greaves Cotton Limited is a diversified engineering company with a rich history in the manufacturing sector. Its subsidiary, Greaves Electric Mobility Limited, focuses on the growing electric vehicle market in India. This latest investment underscores the company's commitment to expanding its footprint in the electric mobility sector, which is seeing rapid growth and transformation in the country.

The move by GEML to increase its stake in MLR Auto aligns with the broader trend of established companies investing in and consolidating their positions in the electric vehicle space, as the automotive industry undergoes a significant shift towards electrification.

As the electric mobility sector continues to evolve, this strategic investment by GEML could play a crucial role in shaping the company's future in this competitive and fast-growing market.