Greaves Cotton Partners With Ligier Group to Power European Micromobility With Euro V+ Diesel Engines

Mumbai, November 18: Greaves Cotton Limited has announced that it has partnered with France-based Ligier Group. The partnership is for supplying its Euro V+ certified 499cc REVO D+ diesel engines for Ligier’s new-generation microcars JS50 and Myli.

Greaves Cotton Limited (NSE: GREAVESCOT, BSE: 501455) is a diversified Indian engineering conglomerate with a long history. The company has transformed into a fuel-agnostic, multi-product, and multi-location mobility solutions provider. The company was established in 1859, and is headquartered in Mumbai, Maharashtra.

Greaves Cotton Partnership Details

Greaves Cotton has partnered with France-based Ligier Group for supplying the company with its Euro V+ certified 499cc REVO D+ diesel engines. The company said that it is manufacturing the engines at its Chhatrapati Sambhajinagar plant. The company announced that its 499cc REVO D+ single-cylinder, 4-stroke diesel engine has been designed specifically for the European L6e light quadricycle category. The Euro V+ compliant engine delivers 6.0 kW at 3000 rpm and 26 Nm torque between 1800–2200 rpm.

The engine has been through numerous endurance tests, cold-weather validations, lifecycle reliability assessments, and emissions testing. The engine is currently being used in Ligier vehicles retailed across France, Italy, Spain, Germany, Austria, Portugal, Netherlands, Belgium, Luxembourg, Norway, Sweden, Latvia, Greece, Lithuania, Estonia, and the Czech Republic.

Shares Fall 0.12% At ₹211.19

As of 3:00 PM, Greaves Cotton share price is down by 0.12%, or 0.25 points, and is trading at ₹211.19. The traded volume for the stock stood at 11.96 lakh shares, with the company’s market cap at ₹4,923 crore. The shares have their 52-week high at ₹319.50 and their 52-week low at ₹157.50.

Investor Takeaway for Greaves Cotton

Greaves Cotton’s partnership with France-based Ligier Group is a welcome step for the company and the investors. It will allow the company to increase its revenue and profits as it will supply its Euro V+ certified 499cc REVO D+ diesel engines for Ligier’s microcars JS50 and Myli. Although the announcement is positive, the share price is slightly down. Investors will hope for a rise in share price in the coming days based on the positive news.

REF: https://nsearchives.nseindia.com/corporate/GREAVESCOT_18112025123712_SE_Intimation_-Press_Release_final_signed.pdf

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