Mumbai, August 5 2020:
a wholly-owned electric mobility subsidiary of Greaves Cotton Ltd., has partnered
with Autovert Technologies, a Fintech specialising in EV subscriptions
products. This collaboration is aimed at introducing a unique battery
subscription plan through an IOT backed platform to make company’s electric
scooters even more affordable.
The new subscription
plan will initially start at a few select dealers in Bangalore. This approach
will be replicated nationwide.
the partnership, P Sanjeev, COO, Ampere
Vehicles said, “We are happy to partner with Autovert Technologies to
introduce this unique battery subscription plan. With this association clubbed
with special Ampere freedom offers, we are aiming to make Ampere Vehicles more
affordable and accessible for the consumer.”
Speaking on this
announcement, Vinay Sharma, Co-founder and CTO of Autovert said.
“The Battery subscription is possible, given the modular nature of the EV,
which lends itself to decoupling the battery from the vehicle and specific
services offered around its lifecycle. The EV ecosystem demands an alternative
ownership model in order to drive faster adoption amongst an emerging customer
base and we are happy to be in the forefront of this with our products and
partners like Ampere to take it market.”
partnership, the company is not only aiming to reduce customer’s anxiety about
the lifecycle management of the battery, but also providing a whole lot of
vehicle benefits- which includes extended warranty of 5 years along with full
vehicle insurance, full vehicle service & maintenance for 24 months,
attractive upgrade options, discounts on replacement battery and much more.
Additionally, full vehicle subscription plans are also available for the Magnus
Pro and Zeal models, starting at Rs 2,777 per month one of the best plans in
the Industry. This marks new beginning for Ampere electric scooter purchase,
where the buyers can now opt for easy subscription plans, use vehicle for
commuting, save extensively on overall ownership cost & the planet too.
Later the customer can upgrade to another Ampere scooter very easily, a
phenomenon which is very common in ownership of consumer durable gadgets.
battery subscription plan, is one of its kind to be made available in India
which substantially reduces the cost of vehicle acquisition & provides
alternative choice to the buyers who get more than usual financing option. With
this customised subscription plan, today a customer can now choose to ride home
its recently launched comfortable large e scooter Magnus Pro by paying as less
as Rs 49,990 (Ex-showroom price Rs 73,990), whilst opting for a monthly battery
subscription of Rs 1,990.
As India is
preparing to transform 30 per cent of automotive sales into e-mobility by 2030,
it is important to concentrate on each component separately to enable faster
adoption of EV in the country. As a responsible brand, pioneering the cause of
clean last-mile mobility in the country, Ampere vehicles address
health-conscious citizens looking forward to buying smart products that are
affordable & sustainable in the long run. With COVID pandemic, protection
of health & wealth has assumed significant importance & Ampere electric
scooters are ready to support all eco-conscious customers with this unique
value proposition across all 220 authorised showrooms in the country. These
scooters enable 90 per cent savings as against conventional scooters. Also,
electric scooters are zero-noise vehicles, promoting quiet drives and helping
people to be calm and stress-free with less vibration and harshness which
improves ride quality. Each Ampere electric scooter sold is equivalent to
planting 12 trees.