Highlights

• Grieves Electric Mobility launches the Ampere line in Nepal through STC Group
• In February 2024 Ampere sold 4,478 units, pushing Ola to 3,891 units
• 33 percent sales growth in the first two months of FY2026 vs FY2025
• TVS, Bajaj Auto and Ather Energy hold the top three spots, Ampere lands fifth
• Two models – Magnus Neo and Nexus – priced at Rs 300,000 and Rs 335,000 respectively
• Both scooters promise over 100 km range on a single charge
• Features include reverse mode, multiple ride profiles and high ground clearance
• Market analysts say the surge could reshape the mid‑range electric scooter segment

What Happened

Grieves Electric Mobility announced that its Ampere brand has become the fifth‑largest electric scooter seller in India. The milestone was reached in February 2024 when Ampere moved 4,478 units – enough to overtake Ola, which managed 3,891 units that month. The data came from the company’s internal sales dashboard and was corroborated by industry trackers.

The surge isn’t a flash‑in‑the‑pan. Grieves reports a 33 percent increase in scooter sales for the first two months of FY2026 compared with the same period last year. That growth propelled Ampere ahead of established players like Hero MotoCorp, which fell to fourth place.

Why It Matters

India’s two‑wheel market is a battlefield of price, range and brand trust. Overtaking Ola signals that Ampere’s value proposition – decent power, respectable range and a price point that sits comfortably between budget and premium – is resonating with riders.

For consumers, the competition translates to more choices and tighter pricing. For manufacturers, the shift forces a rethink of product roadmaps and after‑sales networks. The ripple effect will likely be felt in neighboring markets such as Nepal, where the Ampere lineup has just hit showrooms via STC Group.

Model Lineup Under Ampere

Ampere’s Indian catalogue currently offers two variants that are now available in Nepal:

• Magnus Neo – a city‑focused scooter with a 2.5 kW motor, 2.3 kWh battery pack and a claimed 100 km range. It carries a comfortable seat, 150 kg payload capacity and 165 mm ground clearance.
• Nexus – the higher‑spec sibling, powered by a 3.18 kW motor, 3 kWh LFP battery and a promised 107 km range. It adds reverse riding, five ride modes, alloy wheels and a USB charger.

Both models share a steel frame, disc‑LED lighting and a digital instrument cluster. Pricing is set at Rs 300,000 for the Magnus Neo and Rs 335,000 for the Nexus – figures that sit just below the premium tier dominated by Ather and TVS.

Feature Snapshot

• Reverse mode (Nexus only)
• Five selectable ride profiles
• Alloy wheels on Nexus, steel on Neo
• Integrated USB charging port
• LED headlamp and taillight
• Mobile connectivity via proprietary app

Sales Surge and Market Share

The numbers tell a clear story. Ampere’s February performance pushed it past Ola for the first time, and the brand now sits behind TVS, Bajaj Auto and Ather Energy. Below is a snapshot of the top five sellers for the month:

Brand	Units Sold	Market Rank
TVS	5,112	1
Bajaj Auto	4,876	2
Ather Energy	4,502	3
Hero MotoCorp	4,210	4
Ampere	4,478	5

A separate table compares the two Ampere models now on sale in Nepal:

Spec	Magnus Neo	Nexus
Motor Power	2.5 kW	3.18 kW
Battery Capacity	2.3 kWh	3 kWh LFP
Claimed Range	100 km	107 km
Charge Time (Home)	~5 hrs	3 hrs 30 min
Price (NRs)	300,000	335,000

The data underscores why Ampere’s growth feels sustainable: the brand offers a clear performance edge over many budget rivals while staying affordable enough for the mass market.

Outlook for the Segment

Analysts predict that the mid‑range electric scooter segment will expand at a compound annual growth rate of roughly 30 percent through 2028. Ampere’s aggressive pricing, expanding dealer network and the recent sales win position it to capture a larger slice of that growth.

In Nepal, the introduction of the Magnus Neo and Nexus through STC Group could accelerate adoption, especially in Kathmandu’s congested corridors where a 100 km range eliminates range‑anxiety for daily commuters.

The next milestone for Grieves will be scaling production to meet rising demand without compromising on quality. If the company can keep lead times under two weeks and maintain the current price structure, it could challenge the incumbents for a top‑three spot within the next 12 months.

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Frequently Asked Questions

Q: When will the *Magnus Neo* be available in Nepal? A: The model is already on sale through STC Group’s showrooms as of March 2024. Test rides can be booked online or at any authorized dealer.

Q: What is the warranty coverage for Ampere scooters? A: Grieves offers a two‑year warranty on the motor and battery, plus a one‑year comprehensive warranty covering the chassis and electronics.

Q: How does the *Nexus* compare to the Ather 450X? A: The Nexus provides a slightly higher motor output (3.18 kW vs 4.2 kW for the Ather) but at a lower price point (Rs 335,000 vs roughly Rs 1.2 lakh higher). Range is comparable, with the Nexus claiming 107 km.

Q: Can the scooters be charged at public fast‑charging stations? A: Yes, both models support DC fast charging up to 2 kW, reducing charge time to under an hour at compatible stations.

Q: Are there financing options for first‑time buyers? A: Several Nepali banks have partnered with STC Group to provide low‑interest loans, with down‑payment options starting at 20 % of the vehicle price.

Q: What safety features are included? A: Both scooters come with disc brakes, LED lighting, a digital speedometer, and a built‑in anti‑theft alarm system.