Kinetic Engineering Makes a Comeback with DX Electric Scooter Launch

2 min read     Updated on 28 Jul 2025, 03:26 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Kinetic Engineering Ltd. (KEL) has launched the Kinetic DX electric scooter in India, marking its return to the two-wheeler segment. The scooter is available in two variants priced at ₹1,11,499 and ₹1,17,499. KEL aims to deliver 40,000 units in the first year, with deliveries starting in September 2025. The scooter features a 2.6 kWh LFP battery with a range of 102-116 km. The launch is supported by a ₹72.00 crore capital infusion into KEL's EV subsidiary, KWV, with an additional ₹177.00 crore committed by promoters. The company also announced board decisions including financial results approval, AGM scheduling, and new appointments.

15242202

*this image is generated using AI for illustrative purposes only.

Kinetic Engineering Ltd. (KEL) has marked its return to the two-wheeler segment with the launch of the Kinetic DX electric scooter in India, signaling a significant move in the company's strategic direction.

Product Launch Details

The Kinetic DX electric scooter is available in two variants:

  • Kinetic DX: Priced at ₹1,11,499
  • Kinetic DX+: Priced at ₹1,17,499

Bookings for the scooter are now open with a nominal amount of ₹1,000, and deliveries are scheduled to commence in September 2025.

Production and Sales Targets

KEL has set ambitious targets for its new electric scooter:

  • Initial production is limited to 35,000 units
  • The company aims to deliver 40,000 units in the first year

Key Features

The Kinetic DX boasts several notable features:

  • A 2.6 kWh LFP battery offering a range of 102-116 km
  • 37 litres of storage capacity
  • Competes with established models like Bajaj Chetak, TVS iQube, and Ather Rizta in the electric scooter market

Corporate Developments

The launch of the Kinetic DX electric scooter is backed by significant corporate developments:

  • The scooter is developed by Kinetic's EV subsidiary, KWV
  • KWV has received a capital infusion of ₹72.00 crore
  • An additional ₹177.00 crore has been committed by promoters

Recent Board Decisions

In a board meeting held on July 28, 2025, Kinetic Engineering Ltd. made several key decisions:

  1. Financial Results: The board approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2025.

  2. Annual General Meeting: The 54th AGM is scheduled for September 30, 2025, to be held via video conferencing.

  3. Appointments:

    • Mr. Bhagwan S Waghmare appointed as Internal Auditor for FY 2025-26
    • Mr. Dinesh Birla appointed as Secretarial Auditor for a five-year term
    • Mr. Shashikant Shivanand Gulve appointed as Additional Non-Executive Non Independent Director
  4. Re-appointments:

    • Mr. Jinendra Hirachand Munot re-appointed as Non-Executive Independent Director for a second term of 5 years
    • Mr. Venkataiah Madipalli re-appointed as Non-Executive Independent Director for a second term of 5 years

Market Implications

The launch of the Kinetic DX electric scooter represents a significant step for KEL in the rapidly growing electric vehicle market in India. As the company aims to reclaim its position in the two-wheeler segment, the success of this launch could have substantial implications for Kinetic Engineering's future growth and market share in the evolving automotive landscape.

Investors and industry observers will be keenly watching the market reception of the Kinetic DX and the company's ability to meet its ambitious sales targets in the coming months.

Historical Stock Returns for Kinetic Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-4.64%-7.65%+14.99%+44.28%+66.73%+1,723.58%
Kinetic Engineering
View in Depthredirect
like16
dislike

Kinetic Engineering Boosts Automobile Business with ₹10 Crore Investment in Subsidiary

1 min read     Updated on 24 May 2025, 02:42 PM
scanxBy ScanX News Team
whatsapptwittershare
Overview

Kinetic Engineering Ltd. has announced a ₹10.00 crore investment in its subsidiary, Kinetic Watts and Volts, to strengthen its position in the automobile business. This strategic move aims to enhance the company's capabilities in the automotive sector, potentially leading to improved production, R&D initiatives, product line expansion, and market competitiveness. The investment aligns with Kinetic Engineering's vision to bolster its presence in the evolving automotive market.

9623531

*this image is generated using AI for illustrative purposes only.

Kinetic Engineering Ltd. , a prominent player in the automotive components sector, has made a strategic move to strengthen its position in the automobile business. The company has announced a significant investment of ₹10.00 crore in its subsidiary, Kinetic Watts and Volts.

Investment Details

The ₹10.00 crore infusion into Kinetic Watts and Volts is aimed at bolstering the company's automobile business. This strategic decision reflects Kinetic Engineering's commitment to expanding its footprint in the automotive sector and potentially capitalizing on emerging opportunities in the industry.

Potential Impact

While specific details about the utilization of funds remain undisclosed, this investment could potentially lead to:

  • Enhanced production capabilities
  • Research and development initiatives
  • Expansion of product lines
  • Improved market competitiveness

Company's Vision

This move aligns with Kinetic Engineering's broader vision to strengthen its presence in the automobile sector. By investing in its subsidiary, the company is likely positioning itself to better address the evolving needs of the automotive market and potentially explore new avenues for growth.

Market Implications

Investors and industry observers will be keenly watching how this investment translates into tangible outcomes for Kinetic Engineering. The success of this initiative could have positive implications for the company's market position and financial performance in the future.

As the automotive industry continues to evolve, with increasing focus on electric and sustainable mobility solutions, strategic investments like these could play a crucial role in shaping the future trajectory of companies in the sector.

Stakeholders will likely look forward to further updates from Kinetic Engineering on how this investment will be leveraged to drive growth and innovation in its automobile business segment.

Historical Stock Returns for Kinetic Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-4.64%-7.65%+14.99%+44.28%+66.73%+1,723.58%
Kinetic Engineering
View in Depthredirect
like18
dislike
More News on Kinetic Engineering
Explore Other Articles
320.95
-15.60
(-4.64%)