Monday, April 22, 2024
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HomeStocksAmpere's Electric Scooter Completes Epic Cross-Country Journey

Ampere’s Electric Scooter Completes Epic Cross-Country Journey

A Triumph of Innovation and Endurance

Ampere’s latest electric scooter, ‘The Nex Big Thing’, embarked on an epic journey from Kashmir to Kanyakumari (K2K), spanning a distance of over 10,000 kilometres. This monumental feat, achieved by Greaves Electric Mobility Private Limited (GEMPL), showcases the unparalleled determination and resilience of electric mobility, establishing ‘The Nex Big Thing’ as a pioneering icon in the realm of sustainable transportation.

Record-Breaking Achievements

During its journey, ‘The Nex Big Thing’ shattered records, including completing the longest electric scooter ride from Kashmir to Kanyakumari. Touching 115 cities and towns in a single ride, it soaked in the diverse culture and heritage of India. Additionally, it became the first electric scooter capable of towing a pickup truck, showcasing its exceptional capabilities. Notably, the expedition also featured the biggest electric scooter brand logo on the white sands, spanning an impressive 179.8ft x 95.2 ft or 17100 sq. ft in total area covered.

Honoring the Journey

To commemorate this historic achievement, the Deputy Superintendent of Police of Kanyakumari, Mr P. Mahesh Kumar, and Inspector, Mr Napoleon, joined the celebrations alongside the Ampere team. The journey commenced on January 16th, 2024, from Salal Dam in Reasi, Jammu and Kashmir, covering a route of over 5100 km, surpassing the typical distance of 3,396 km.

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Enduring Challenges and Triumphs

Over the course of 45 days, ‘The Nex Big Thing’ encountered various terrains, weather fluctuations, and temperature changes. From the rugged terrain of the Thar Desert to the challenging inclines of Jammu, it displayed remarkable adaptability and resilience. Despite facing gradients of up to 12 degrees and extreme temperature fluctuations, the electric scooter persevered, showcasing its endurance and reliability.

CEO’s Perspective

Sanjay Behl, CEO of Greaves Electric Mobility, highlighted the significance of the journey, emphasizing its representation of resilience and technological advancements. He reiterated the company’s commitment to sustainable transportation and environmental stewardship, envisioning a future where electric mobility becomes ubiquitous.

Rewriting Records and Redefining Mobility

Ampere’s #TheNexBigThing journey has rewritten the landscape of electric mobility in India, setting four iconic records in a single expedition. From showcasing the cultural richness of India to demonstrating the capabilities of electric vehicles, the journey symbolizes a fusion of innovation, endurance, and environmental consciousness.

Share Performance

At the start of the day’s trading session, the stock of Greaves Cotton opened at Rs 130.70 per share, hitting intraday highs and lows of Rs 131.65 and Rs 127.75, respectively. Finally, the stock of Greaves Cotton concluded the day at Rs 128.45 per share on the BSE.

The company’s current market capitalisation stands at Rs 2980 crore, and the stock has not performed well in recent times, delivering a negative return in the past three months and a moderate return of only 2% in the past year.

Conclusion: A New Era of Electric Mobility

In conclusion, Ampere’s historic journey from Kashmir to Kanyakumari signifies a monumental step towards a greener and more sustainable future. By pushing the boundaries of electric mobility and setting new records, ‘The Nex Big Thing’ has ushered in a new era of innovation and progress in India’s transportation landscape. As electric vehicles continue to gain prominence, Ampere’s journey serves as a testament to the transformative power of sustainable technology

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