The CEO Desk

A warm welcome to our new website!

Wishing all of you a very happy and successful New Year 2019!

Ampere is an innovative technology company ventured for electric mobility focusses on job creation for the rural youth and women empowerment in transportation, engineering, and manufacturing sectors.

After being a key player for over a decade, Ampere successfully marching towards the next phase of our journey holding the hands of conglomerate, Greaves Cotton, to become a unicorn in electric mobility in India.

In the first decade, Ampere largely focussed on building technologies through lean engineering, sustenance and deep understanding on consumers as well as channel partners across the markets that we serve. Our next phase focusses on creating a world-class infrastructure for channel partners to serve our esteemed customer in every nook and corner of our country by establishing strong service, warranty and spare parts which are easily available and affordable.

With the widespread network base of Greaves, Ampere shall introduce two new models every year and built a customer relationship management system to integrate dealers and supply chain team to ensure seamless delivery and to enhance business prospects. We request your patience and understanding in our transition into a systems-based approach towards customer delight.

Our team is dedicated to do our utmost in our vision of bringing affordable mobility solutions through innovative business models.

I request every respectful citizen of our country to consciously migrate to Electric Mobility.

Let’s build a nation where we live in the moment and embrace love, peace, and joy in all our of endeavors.

With grit and gratitude,
Hema Annamalai

Insights from the DESK

3

Sep 18

EV startup Ampere Vehicles to turn profitable this year, says CEO

 Ampere Vehicles, a Coimbatore-based electric-vehicle startup, is targeting an operating profit in the ongoing fiscal year with expected revenue of Rs 60 crore, founder and chief executive Hemalatha Annamalai said.

The company that manufactures electric two-wheelers and three-wheelers will also be soon debuting in the industrial segment. “We are launching three new products this year which include two high-speed models and one vehicle for the industrial sector — a pulling cart,” she told ET.

The company’s core focus has been research and development which has helped it financially, Annamalai said.

Ampere is producing in-house most, cost wise, of the components that it uses in products. It has its own chargers and AC-DC converters. “This year, we are also developing our own motors and controllers, so all put together that will constitute about 70% of the cost of a product,” she said.

The idea stemmed up in 2007, when Annamalai attended a conference in Japan, along with her husband Bala Pachyappa. One of the speakers at the conference spoke about electric vehicles being the future. “It definitely got me thinking. I realised that we have a lot of technology acumen in India and yet we are happy entering into partnerships with MNCs and giving them market access or copying their technology. How long are we going to write codes? This has to change. So, I decided to pack my bags and come back to India to start my venture,” says Annamalai. She, along with her family, was in Singapore at that time. She was all set.