Kinetic Engineering Limited, one of India’s most trusted mobility and automotive component manufacturing companies, has announced a major milestone in its electric vehicle journey through its subsidiary Kinetic Watts & Volts (KWV). The company confirmed that KWV has officially commenced deliveries following an overwhelming market response and strong pre-launch bookings for its flagship electric scooter, the Kinetic DX.
The announcement was made alongside Kinetic Engineering’s quarterly results after its board meeting, which highlighted the robust growth trajectory of its electric mobility business.
KEL Increases Stake and Strengthens EV Portfolio
In the last quarter, Kinetic Engineering Ltd. (KEL) infused an additional ₹9 crore into its subsidiary, increasing its shareholding in KWV to 80%. This strategic investment underscores KEL’s commitment to expanding its footprint in the fast-growing Indian electric mobility market.
KWV aims to sell 5,000 units by March 2025, contributing approximately ₹50 crore to consolidated revenues. Building on this strong start, the company has set an ambitious goal of 60,000 units in FY 2025–26, which would generate around ₹600 crore in revenue from the EV subsidiary alone. KEL’s consolidated revenue is projected to reach ₹800 crore, driven by the acceleration of its electric vehicle business and nationwide scale-up.
Rapid Network Expansion and Strong Bookings
Within just six months of its launch, KWV’s market entry received an exceptional response, with bookings surpassing initial expectations. To meet this growing demand, KWV will inaugurate five new dealerships in November 2025 and expand its retail presence across India.
The company has already issued over 50 Letters of Intent (LOIs) to dealer partners in major cities such as Pune, Mumbai, Baroda, Surat, Indore, Bhopal, Jabalpur, Delhi, Gurgaon, Jaipur, Lucknow, Hyderabad, Bhubaneswar, and Cuttack. We expect all these dealerships to be operational by March 2026. KWV also plans to scale its dealership network to 200 outlets nationwide by FY 2026–27, with the next phase focusing on expanding into southern India.
Kinetic DX: Designed for Everyday Indian Families
Speaking on the occasion, Mr Ajinkya Firodia, Vice Chairman of Kinetic India, expressed confidence in the brand’s strong momentum.
He said, “This quarter represents a major step forward in our journey. The response to KWV has been exceptional, with bookings far exceeding projections, reflecting deep trust in the Kinetic brand and the proven reliability of our products. The Kinetic DX is emerging as the preferred everyday scooter for Indian families, offering unmatched convenience through features like Easy Key, Easy Charge, and Easy Flip. Its sturdy metal body, 37-liter storage, real-world range, and low maintenance make it a dependable companion for daily mobility.”
Manufacturing Strength and Backward Integration
On the manufacturing front, Kinetic Engineering Limited has enhanced its production capabilities with the inauguration of a state-of-the-art robotic chassis line at its facility. The company has also upgraded its paint shop and metal pressing units, enabling higher production throughput and superior quality standards.
KEL currently manufactures chassis for both the E-Luna and Kinetic DX EV, showcasing its strong backward integration within the group’s electric mobility ecosystem. These manufacturing upgrades ensure consistent supply chain efficiency and scalability to meet future EV demand.
Strong Outlook for Auto Component Business
Beyond electric mobility, KEL continues to strengthen its traditional auto component business, with ongoing discussions with several new and existing clients. The company anticipates strong growth in this segment in the coming months, supported by its advanced manufacturing infrastructure and precision engineering expertise.
With a profitable base, an expanding EV distribution footprint, and a positive demand outlook, Kinetic Engineering Limited is poised for sustained growth and long-term value creation for its customers, partners, and shareholders.
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