GREAVESCOT NSE filing

Ampere Launches Nexus EX+ EV with 5kW Motor and IoT Features

The RealCase readMedium impact Positive

Ampere, a Greaves Cotton subsidiary, launched the Nexus EX+ electric scooter. It features a new 5 kW motor, IoT-enabled Intellipack, and an IP65 charger. Priced at ₹1,29,999 (standard) and ₹1,35,999 (Intellipack), it offers improved acceleration and a 2,00,000 km battery life.

Why it matters

The launch of a new electric scooter variant with advanced features can positively impact sales and market share in the growing EV segment, but it is a single product launch within a larger company.

The market read

The launch of a new, upgraded product with enhanced features and improved performance is a positive development for the company and its subsidiary.

Greaves Electric Mobility Limited, a subsidiary of Greaves Cotton Limited, has launched the new Nexus EX+ electric scooter. This upgraded model strengthens the award-winning Nexus EV with an IoT-enabled Intellipack, a more powerful 5 kW motor, and an IP65-rated water-resistant charger. The new 5 kW motor delivers enhanced performance, with acceleration from 0-40 kmph in 4.5 seconds and improved gradeability for challenging terrains and load-bearing. The Intellipack, accessible via the Ampere Connect App, offers over 30 smart features including real-time charging status, live tracking, geo-fencing, and remote diagnostics.

The Nexus EX+ is available in two variants: the Nexus EX+ priced at ₹1,29,999 and the Nexus EX+ with Intellipack priced at ₹1,35,999. It comes in two color options: Carbon Knight and Steel Grey. The scooter is equipped with next-generation LFP battery technology designed for a long battery life of 2,00,000 km and includes a 5-year/75,000 km battery warranty. This launch is part of Ampere's strategy to provide practical, resilient, and evolving electric scooters for the Indian market.

Mr. Vikas Singh, Managing Director, Greaves Electric Mobility, stated that the new Nexus EX+ enhances the EV platform with smarter ownership and stronger performance, aligning with the evolving needs of Indian riders. The company aims to build electric scooters that are practical and resilient.

Filing to action

What to do with a filing like this

Greaves Cotton Limited filed this with the NSE as a statutory disclosure, categorised under product launches. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Greaves Cotton Limited. Read the original for the full detail.

View original filing