Greaves Cotton Limited has informed the Exchange regarding a press release dated November 18, 2025, titled "Greaves Cotton Limited and Ligier Group Partner to Drive Innovation in European Micromobility with Euro V+ Certified Diesel Engines".
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Greaves Cotton Limited has announced a strategic partnership with Ligier Group, a European player in the micromobility segment. The collaboration will focus on developing and supplying Euro V+ certified diesel engines for the European market. This move marks Greaves Cotton's expansion into the European micromobility space, leveraging its engine technology expertise. The partnership aligns with growing demand for low-emission, compact mobility solutions across European cities. Ligier Group is known for its small vehicles used in urban and resort areas, making this a fitting alliance for the application of clean diesel engine technology.
This partnership opens a new international revenue stream for Greaves Cotton and validates its engine technology against stringent European emission standards. For shareholders, it signals growth diversification beyond domestic markets and entry into the premium European mobility segment.