Kinetic Engineering Makes a Comeback with DX Electric Scooter Launch 3 days ago
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.
Kinetic Engineering Boosts Automobile Business with ₹10 Crore Investment in Subsidiary May 24, 2025
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Kinetic Engineering Ltd Reports Mixed Q4 Results with Improved EBITDA but Lower Revenue May 13, 2025
Kinetic Engineering Redeems Preference Shares and Secures ₹177.00 Crore Investment Approval, Boosting Growth Plans Mar 27, 2025
More news about Kinetic Engineering
21Feb 25
Kinetic Group Invests ₹50 Crore in EV Battery Manufacturing Plant
Kinetic Group is investing ₹50 crore to establish a battery manufacturing plant in Ahmednagar, Maharashtra, with an annual capacity of 60,000 battery packs for two- and three-wheeler EVs. The facility will produce LFP and NMC batteries, including Kinetic's proprietary Range X battery packs. This investment is part of a larger ₹177 crore plan to grow the company's EV business, aiming for ₹1,000 crore in EV revenue by 2029.