Greaves Cotton enters into agreement with Ampere Vehicles

Greaves Cotton enters into agreement with Ampere Vehicles

Greaves Cotton, the engineering solutions firm, has announced having entered an agreement with EV start-up Ampere Vehicles, pursuant to which it will acquire a majority stake in the company subject to customary closing conditions. This acquisition will accelerate the...

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...