Greaves Cotton Is Looking For Export Opportunities For Its Electric-Two-Wheelers

A file photo of Ampere by Greaves Electric Mobility's logo

Greaves Cotton is looking for export opportunities for its electric two-wheelers brand, Ampere. This was made possible by the recent investment of Abdul Latif Jameel, a global investor in the e–mobility arm.

Abdul Latif Jameel, a family-owned, diversified business with a Saudi Arabian presence, announced its commitment in June to invest USD 220 million into the Cotton Greaves subsidiary.

It has invested USD 150 million to acquire a 35.80% stake in Greaves Electric Mobility.

This city-based engineering firm is present in five businesses: engine manufacturing, electric mobility and retail. It also offers financing and technology.

Greaves Electric Mobility produces two-wheelers under Ampere, while three-wheelers, such as e-autos and electric rickshaws under Ele and Teja brands, are manufactured under Greaves Electric Mobility.

“We are looking at export opportunities for our two-wheeler brand (Ampere). Basavanhalli said that although we are still discussing the matter internally, exports are definitely on our minds. He said that Abdul Jamil Latif, our partner, has a presence in 32 countries and strong partnerships globally with certain marquee companies.

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