Greaves Electric Mobility Limited (GEML), the electric mobility arm of Greaves Cotton Limited (GCL), has announced a strategic partnership with Indofast Energy, a joint venture between Indian Oil and SUN Mobility, to enhance last-mile transportation solutions for B2B fleets and ride-sharing services.
As part of this collaboration, the companies have unveiled the Ampere ‘Magnus SW.S’, an advanced electric scooter integrated with Indofast Energy’s battery-swapping technology. Designed specifically for gig economy riders covering over 100 kilometers daily, the Magnus SW.S offers a fast and seamless battery replacement solution, reducing downtime and improving operational efficiency.
Revolutionizing Battery Swapping for Urban Mobility
By leveraging Indofast Energy’s rapidly expanding battery-swapping network, riders can instantly replace depleted batteries with fully charged ones, significantly lowering operational costs and enhancing productivity. This partnership aligns with Greaves’ vision of ‘Empowering Lives’ and ‘Democratizing Smart and Sustainable Mobility’, while supporting Indofast Energy’s goal of making battery swapping the default mode of EV charging in India.
“Our partnership with Indofast Energy represents a step forward in addressing the evolving needs of the mobility sector,” said Arun Srivastava, Head of B2B Business at Greaves Electric Mobility. “By integrating advanced battery-swapping technology with the Magnus platform, we are enabling quick, efficient, and sustainable operations for businesses and gig economy partners.”
Ampere ‘Magnus SW.S’: Built for Performance and Efficiency
The Ampere Magnus SW.S is engineered to cater to commercial users and gig workers, featuring:
✔ 2.4 kW motor power – Ensures smooth performance even on steep gradients and heavy loads
✔ 151 kg payload capacity – Ideal for ride-sharing and delivery services
✔ IoT-enabled connectivity – Enhances fleet management solutions for operators
“Indofast Energy remains committed to delivering technologically advanced, convenient, and sustainable solutions to drive green mobility in India,” said Rajat Malhan, Senior Vice President, Indofast Energy. “Ampere Magnus SW.S is a fantastic addition to our suite of offerings, especially for commercial applications. This vehicle will be available for fleets as well as driver-cum-gig operators through Ampere’s network.”
The companies aim to deploy over 50,000 electric two-wheelers within the next year via fleet partners and driver-owners, providing cost-effective and eco-friendly mobility solutions.
Accelerating India’s Transition to Sustainable Mobility
This partnership reinforces Greaves Electric Mobility’s leadership in the EV sector, offering innovative and sustainable transportation solutions that blend performance with environmental responsibility.
