The demand for electric two-wheelers is increasing rapidly in the country. Demand for this specialty has grown significantly as a result of recent corporate scandals. On the one hand, big brand electric two-wheelers like Ola Electric, Hero Electric, Okinawa, Pure EV are selling fast. On the other hand, small companies and startups are also growing rapidly. Meanwhile, Greaves Electric Mobility Company, which manufactures electric two-wheelers, has crossed the milestone of 50,000 units. The vehicles of this company are manufactured at the plant in Tamil Nadu. Its e-vehicles are available in the market under the name Ampere.
Aims to achieve 30% of e2W by 2030
Abdul Latif Jameel has recently invested in Greaves Electric Mobility. Since then, work has been done to advance the technology of the organization. For e2W production, the company’s focus is to achieve 30% market share in the electric two-wheeler segment in the country by 2030. Greaves produces electric mobility (GEM) ampere electric two-wheelers and three-wheeled vehicles (e-autos and e-rickshaws). It also operates under the ELE and Teja Mobility brands. Ampere has a growing presence in both B2C and B2B segments.
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Taking advantage of customer awareness
Sanjay Bahal, CEO and Executive Director, Greaves Electric Mobility, said, “Our EV megasite was created to accelerate the circle. It is unbelievable that we have reached the 50,000 mark. Arrived and optimistic about taking EVs on a large scale in the country.
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Electric two-wheeler segment
Companies are rapidly entering this segment as the demand for cars is also increasing. A total of 12,22,994 units of cars were sold in May, of which 39,490 units were electric vehicles, accounting for 3.2% of the total. Currently, companies such as Hero Electric, Ola Electric, Okinawa and Athar reign in this segment.