Abdul Latif Jameel to invest $220-mn in Greaves Electric Mobility
India is currently the world's fourth-largest automotive market where the share of EVs in the two-wheeler and three-wheeler segments are expected to increase significantly, the company said. The company, which offers e-two and three-wheelers in the market, sold 62,000 vehicles, growing at 128 per cent year-on-year, in fiscal 2021-22. Currently, Greaves Electric Mobility manufactures e-two-wheelers under the brand name of Ampere Vehicles and three-wheeler vehicles (e-auto and e-rickshaw) under the mobility brands Ele and Teja, respectively.