Ampere Vehicles, electric mobility arm of Greaves Cotton Ltd., announced the induction of industry veteran BVR Subbu to its Board as the Chairman.
In his role as Chair of the Board, BVR Subbu, an automobile industry veteran and ex-President of Hyundai India, will steer the Board to stay ahead of the complex challenges presented by a competitive Indian e-mobility transformation and support Ampere’s strategic growth ambitions.
Speaking about the appointment, Nagesh Basavanhalli, Director, Ampere Vehicles, said: “Today’s decision to appoint a new Chairman of the Board at Ampere is a major step in our quest to expand Ampere’s footprint across India. BVR Subbu comes with exceptional experience in steering auto brands towards growth and is an industry legend.”
Commenting on his appointment, BVR Subbu said: “Ampere Vehicles as pure play electric vehicle company has the potential to revolutionize Indian EV industry. I look forward to contributing to the continued success of Ampere Vehicles.”
Ampere Vehicles, has a near-20% market share in the Indian electric two wheeler industry along with a range of high-to-low-speed, affordable and energy efficient electric scooters that are currently popular with commuters making a switch from conventional to electric two-wheelers.