Greaves Electric bets big on exports, eyes double-digit e2W market share

•Greaves Electric Mobility aims to reach 10% market share in electric two-wheelers, up from 6% currently.

•The company is focusing on exports to Nepal, the Philippines, Indonesia, and Sri Lanka, and expects India's e-two-wheeler market to grow 70-75% annually.

•Greaves has sold 10,127 vehicles in June and plans to invest ₹530 crore in the near term, with a focus on battery and component ecosystem development.