Ampere Electric Vehicles, part of Greaves Cotton Limited, has reduced price of its 2-wheeler electric vehicles to this effect.
On the back of Government revising the GST norms from 12% to 5%, Greaves is happy to announce that their flagship high speed e-scooter ‘Zeal’ will now be available for Rs. 67,000 approx (ex-Bangalore showroom) after a reduction of Rs. 5,000 approx post the GST reduction on electric vehicles. The e-scooter was earlier priced at Rs. 72,000 approx (Ex Bangalore showroom). This Ampere Zeal price also includes FAME II incentives.
Ampere Electric Vehicles is one of the leading players in electric mobility and part of a diversified engineering company Greaves Cotton. Ampere was acquired by Greaves Cotton in August 2018 and has been growing steadily with several milestones achieved. Ampere has been focused on building sustainable, affordable and clean mobility solution for the last mile connectivity especially for people in tier-II and tier-III cities with less developed public transport system. Ampere will electrify the personal and business transportation needs of all customers with a wide range of Electric Mobility solutions. Greaves Cotton recently increased their stake in Ampere from 67% to 81%
Below is the revised price (Ex Showroom Bangalore) of all e-scooters available at Greaves Ampere:
| No. | Model | Price before GST reduction | Price after GST reduction |
| 1. | Zeal (Price includes FAME II subsidy) | INR 72,000 | INR 67,000 |
| 2. | REO LA | INR 43,000 | INR 40,000 |
| 3. | REO LI | INR 56,000 | INR 52,500 |
| 4. | Magnus | INR 48,000 | INR 45,000 |
| 5. | V-48 LA | INR 36,000 | INR 34,000 |
| 6. | V-48 LI | INR 53,000 | INR 50,000 |
*Prices are approx ex. Showroom Bangalore and may be differ city to city
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