Greaves Electric’s Ampere Hits 4 Lakh Sales Milestone, Accelerating India’s Mass EV Transition

Posted on by
India’s electric vehicle (EV) landscape is witnessing remarkable growth, and a key player, Greaves Electric Mobility’s Ampere brand, is clearly at the forefront of this revolution. The company recently announced a significant achievement that underscores its accelerating momentum in the mass mobility segment.Greaves Electric Mobility’s Ampere has successfully crossed the prestigious 4 lakh (400,000) mark in electric two-wheelers manufactured and sold across India. This isn’t just a number; it’s a powerful indicator of the brand’s strategic impact and growing consumer confidence. The announcement highlights Ampere’s evolution from an early EV pioneer to a trusted, high-growth brand, driving smart, accessible, and affordable electric solutions nationwide.

This impressive milestone is backed by compelling financial performance and market penetration:

  • Year-on-Year Growth (FY26): A robust 51%
  • Market Share Increase: From 3.6% in FY25 to 4.4% in FY26

Ampere’s success is rooted in its “Built for Bharat” philosophy, engineering smart, durable, and safe EVs specifically designed for diverse Indian conditions. This approach, coupled with a strong emphasis on low total cost of ownership compared to traditional ICE vehicles, resonates deeply with first-time EV buyers, everyday riders, and business owners alike.

Further bolstering customer confidence, Ampere utilises a 100% LFP battery platform, known for superior safety, thermal stability, and an impressive lifecycle of up to 200,000 kms. Their commitment to quality and innovation is reflected in multiple accolades:

  • Ampere Nexus: Awarded “Electric scooter of the year 2025”
  • Magnus Grand: Won “Electric Scooter of the Year 2026”
  • Magnus G-Max: Named “Family Scooter of the Year 2026”

With a rapidly expanding dealer and service network (strengthened by 12% in FY26) and a relentless pursuit of accessible, dependable electric mobility solutions in the sub-₹1 lakh segment, Greaves Electric Mobility, through Ampere, is not just participating in the EV transition – it’s actively driving it, making electric a practical choice for millions across India. For investors, this trajectory signals a company well-positioned to capitalise on India’s burgeoning EV demand, solidifying its leadership in the mainstream electric two-wheeler market.