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€90.0m

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Total Funding000k
More about Ampere
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Ampere Vehicles, a subsidiary of Greaves Cotton, specializes in providing affordable and stylish electric scooters aimed at offering eco-friendly last-mile mobility solutions. The company targets individuals at the bottom of the economic pyramid, providing them with access to sustainable transportation options. Operating primarily in the electric vehicle market, Ampere Vehicles focuses on reducing the total cost of ownership (TCO) for its customers by offering low-maintenance, emission-free scooters. The business model revolves around direct sales through its network of stores and online platforms, generating revenue from the sale of electric scooters and related accessories. Ampere Vehicles serves a diverse clientele, including urban commuters and environmentally conscious consumers, who seek cost-effective and sustainable transportation solutions. The company has achieved significant milestones, including driving over 500 million electric kilometers, saving 100 lakh liters of petrol, and planting the equivalent of 7.2 lakh trees in terms of environmental impact.

Keywords: electric scooters, eco-friendly, last-mile mobility, affordable, low TCO, urban commuters, sustainable transportation, emission-free, Greaves Cotton, electric vehicle market.

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Investments by Ampere

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Bestway Agencies
ACQUISITION by Greaves Electric Mobility Oct 2021