Ampere partners with Muthoot Capital to accelerate EV adoption across India

Partnership to make Greaves Electric Mobility's E2W ownership more accessible and affordable across markets

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AmpereAmpere, the E2W brand of Greaves Electric Mobility Limited (“GEML”), with portfolio of electric scooters, partnered with Muthoot Capital Services to make electric mobility ownership more accessible and affordable across India.

Speaking on the partnership, Manoj M. P., Chief Business Officer, Greaves Electric Mobility, said, “At Ampere, our focus has always been on making mobility accessible, affordable and practical for every Indian customer. Financing plays a very crucial role in this journey, especially in supporting EV buyers. Our partnership with Muthoot Capital Services Ltd. brings together trusted and our growing electric two-wheeler portfolio to offer seamless and customer-centric ownership solutions.”

Mathews Markose, CEO, Muthoot Capital Services Ltd., said, “As the country transitions towards cleaner and more sustainable transportation, financing will play a pivotal role in accelerating EV adoption beyond metropolitan cities and into the heart of Bharat. Our partnership with Ampere brings together Ampere and Muthoot, two trusted brands, with a shared vision of democratizing access to electric mobility.

By bringing together GEML’s expanding electric two-wheeler portfolio and Muthoot Capital’s deep retail financing network, the partnership is expected to accelerate EV adoption across Bharat. It will further strengthen GEML’s market presence by supporting dealer growth accelerate mass EV adoption, and expanding access to clean, future-ready mobility solutions through 500+ pan-India touchpoints ensuring seamless customer support.