On the back of Government revising the GST norms from 12% to 5%, Greaves announced that its 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 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
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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