JEM Launches the TEZ e-LCV in India
March 3, 2025
Greaves Electric Mobility Joins Indofast for Battery Swapping Solutions
Business |Agreements & Stratergies
Partners to launch the Ampere Magnus SW.S, a battery-swapping scooter designed for gig riders and fleet operators, aiming to deploy 50,000+ units for sustainable last-mile mobility.
Date: March 10, 2025Loading...
Bengaluru- Greaves Electric Mobility Limited (GEML)., the e-mobility arm of Greaves Cotton Limited, has partnered with Indofast Energy, a joint venture between Indian Oil and SUN Mobility, to enhance last-mile B2B and ride-sharing solutions. The collaboration introduces the Ampere 'Magnus SW.S', designed for gig economy riders traveling 100+ km daily. Powered by Indofast Energy’s battery-swapping technology, the scooter offers quick battery replacements to reduce downtime and boost efficiency.
With a 2.4 kW motor, the Magnus SW.S ensures smooth performance on steep gradients, even with a 151 kg payload. Its IoT-enabled features enhance connectivity and fleet management, aligning with GEML’s goal of promoting smart, sustainable mobility.
Mr. Arun Srivastava, Head B2B Business, Greaves Electric Mobility, said, “Our partnership with Indofast Energy represents a step forward in addressing the evolving needs of the mobility sector. By integrating advanced battery-swapping technology with the Magnus platform, we are aiming to enable quick, efficient, and sustainable operations for businesses and gig economy partners.”
Mr. Rajat Malhan, Senior Vice President, Indofast Energy, said, “Indofast Energy remains committed to delivering technologically advanced, convenient, and sustainable solutions to drive green mobility in India. Ampere Magnus SW.S is a fantastic addition to our suite of offerings especially for commercial applications. This vehicle will be available not only for fleets but also for driver cum gig operators through Ampere’s network. We are looking to deploy 50,000+ vehicles in the next year via our fleet partners and driver-owners. Together, we are not just enabling efficient and eco-friendly last-mile connectivity but also empowering businesses and gig workers with smarter, cost-effective mobility solutions.”
This partnership further enhances Greaves Electric Mobility’s position in the electric mobility sector, offering sustainable transportation solutions that blend performance and environmental consciousness.
