Greaves Electric Mobility Limited (GEML) today launched the Magnus Neo, an upgraded variant of its Magnus electric scooter range, with a starting price of ₹79,999 (ex-showroom). The new model will be showcased at the upcoming Auto Expo 2025 in Delhi.
Shares of Greaves Electric Mobility Limited (GEML) closed at ₹242.40 today, up ₹5 or 2.11 percent on the NSE.
The Magnus Neo has a certified range of more than 100 kilometers and a top speed of 65 km/h. It is equipped with an LFP (lithium iron phosphate) battery with a warranty of 5 years or 75,000 kilometers. The scooter offers three riding modes plus a reverse mode and comes with a portable battery with a charging time of 5-6 hours.
The electric scooter is available in five colours, including Metallic Red and Glacial White, and has 12-inch alloy wheels and optional smart connectivity features. To make the vehicle more accessible, GEML offers financing options starting at 5.75 percent interest per annum.
Ahead of its Auto Expo debut on January 17, the scooter completed a 2,000 km journey from Bengaluru to Delhi. It will be available at Ampere dealers across India from this month.
GEML, the e-mobility division of Greaves Cotton Limited, has been manufacturing electric vehicles for over 16 years and has a customer base of nearly 3,00,000 users in India.