P Sanjeev had been associated with Huawei for over 15 years. Sanjeev was responsible for the growth of Huawei’s sub-brand Honor in India.
While informing his network in a message, he said, “ I am extremely excited to update my new exciting journey ahead! I would help build the Electric Vehicles industry in India in my capacity as the COO of Ampere Electric by Greaves Cotton. Ampere Electric has been building exciting electric scooters at great prices starting from Rs 39,000 onwards, over the last 10 years.”
He further added, “Reducing carbon footprint and controlling global warming is a serious issue. I feel proud that my every minute will be spent in this direction.Indian government is determined to ensure that by 2025, all two-wheelers and three-wheelers in India will change to EV! Come join me in the green revolution.”Greaves Cotton acquired Ampere Vehicles for a sum of Rs 120 crore. After the acquisition, it has launched high-speed scooter Zeal and plans to launch two more scooters in the current financial year.
Ampere vehicles compete with the likes of Hero Electric, Ather Energy, 22Kymco and Okinawa in the electric scooter space. The electric two-wheeler segment grew by whopping 141% at 87,000 units in 2018 (calendar year) vis-a-vis 36,000 units in 2017.
The company has also appointed industry veteran BVR Subbu to its Board as the Chairman to drive through the complex challenges and support growth.
At present, the company is expanding dealership network and plans to launch two new electric scooters to become one of the major players in the electric vehicle space.
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