Greaves Electrical Mobility Restricted (GEML) as we speak launched the Magnus Neo, an enhanced variant of its Magnus electrical scooter collection, with a beginning value of ₹79,999 (ex-showroom). The brand new mannequin can be showcased on the upcoming Auto Expo 2025 in Delhi.
The shares of Greaves Electrical Mobility Restricted (GEML) closed at ₹242.40 up by ₹5 or 2.11 per cent on the NSE as we speak.
The Magnus Neo includes a licensed vary of over 100 kilometres and a prime velocity of 65 kmph. It comes outfitted with an LFP (Lithium Iron Phosphate) battery with a guaranty of 5 years or 75,000 kilometres. The scooter provides three driving modes plus a reverse mode and features a transportable battery with a charging time of 5-6 hours.
Out there in 5 colors, together with metallic crimson and Glacial White, the electrical scooter has 12-inch alloy wheels and optionally available good connectivity options. To make the automobile extra accessible, GEML is providing financing choices beginning at 5.75 per cent curiosity every year.
Previous to its Auto Expo debut on January seventeenth, the scooter accomplished a 2,000-kilometer journey from Bengaluru to Delhi. Beginning this month, it will likely be out there at Ampere dealerships throughout India.
GEML, the e-mobility division of Greaves Cotton Restricted, has been manufacturing electrical automobiles for over 16 years and has a buyer base of almost 3,00,000 customers in India.