Greaves Cotton Subsidiary Launches Upgraded Ampere Magnus G Max at ₹1.09 Lakh
Greaves Electric Mobility Limited, a subsidiary of Greaves Cotton, has launched an upgraded version of its Magnus G Max electric scooter. The new model integrates the NxG.io software platform to deliver over 30 IoT-enabled features, targeting the mass-market family segment with a focus on practical connectivity.
Greaves Cotton Subsidiary GEML Completes ₹530 Crore Rights Issue for EV Expansion
Greaves Electric Mobility Limited (GEML), the e-mobility arm of Greaves Cotton, has successfully completed a ₹530 crore rights issue. The capital infusion, backed by anchor investors Greaves Cotton and Abdul Latif Jameel, is designated for accelerating technology development and next-generation product launches in the electric vehicle segment.