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Greaves Electric Mobility buys out 26% in Bestway

Diversified engineering company Greaves Cotton Ltd s electric vehicle subsidiary Greaves Electric Mobility (formerly Ampere Vehicles Private Ltd) has acquired the remaining 26 per cent stake in Bestway Agencies Pvt Ltd for Rs 13.50 crore.In . ....

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Greaves Electric acquires e-rickshaw brand Bestway Agencies

The company, which is the e-mobility arm of Greaves Cotton Ltd, has acquired 100 per cent stake in Bestway Agencies Pvt Ltd (BAPL). ....

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Greaves Electric Mobility acquired 100% stake in E-Rickshaw Company Bestway

Greaves Electric Mobility acquired 100% stake in E-Rickshaw Company Bestway
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Ampere launches new electric 2-wheeler for Rs 68,999

Electric vehicle major Ampere Electric expanded its two-wheeler product range launching a new model Magnus EX priced at Rs 68,999 (ex-showroom Pune).The lithium battery powered scooter price will further go down when one takes into account the . ....

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Greaves Cotton to spend Rs 110 cr on capex

Greaves Cotton to spend Rs 110 cr on capex
Wed, Jun 2 2021 9:48 IST
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Greaves Cotton to spend Rs 110 cr on capex. Image Source: IANS News
Chennai, June 2 : Diversified engineering company Greaves Cotton Ltd plans a capital expenditure of about Rs 110 crore this year of which majority will be on its electric two wheeler plant at Ranipet in Tamil Nadu, said a top official.
He also said the electric two wheeler plant is expected to roll out its product by the end of this year.
We plan to invest about Rs 110 crore towards capital expenditure this year. About Rs.70 crore will be for the electric two wheeler plant at Ranipet to be commissioned by the end of this year, Nagesh A. Basavanalli, Managing Director and Group CEO told IANS. ....

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