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Kinetic Green plans to expand business
Kinetic Green plans to expand business

Hans India

timea day ago

  • Automotive
  • Hans India

Kinetic Green plans to expand business

New Delhi: Electric vehicle maker Kinetic Green on Friday said it plans to expand its business with the launch of three e-scooters over the next 18 months. The first of the three new products is expected to be launched around the festive season this year, the Pune-based firm said in a statement. Kinetic Green has partnered with Italy's Torino Design to co-create a new range of ultra-futuristic scooters, it added. "Having sold over 80,000 E2Ws in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to aggressively expand our E2W business," Kinetic Green Founder and CEO Sulajja Firodia Motwani said. Having joined hands with Torino Design, the company aims to redefine electric scooters in the coming months, she added. Kinetic Green began its EV journey in 2016 with a range of electric three-wheelers. In 2022, it entered the two-wheeler space and launched E-Luna in 2024. The model has seen success across both B2C and B2B segments, the company said. As per the company estimates, the e-scooter market is expected to scale rapidly in India over the next five years, with penetration expected to grow from 15 per cent to 70 per cent.

EV maker Kinetic Green to expand business, launch three new e-scooters in next 18 months
EV maker Kinetic Green to expand business, launch three new e-scooters in next 18 months

Economic Times

time2 days ago

  • Automotive
  • Economic Times

EV maker Kinetic Green to expand business, launch three new e-scooters in next 18 months

EV calculator How much will I save if I choose an electric vehicle? SELECT vehicle type Calculate Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Electric vehicle maker Kinetic Green on Friday said it plans to expand its business with the launch of three e-scooters over the next 18 first of the three new products is expected to be launched around the festive season this year, the Pune-based firm said in a Green has partnered with Italy's Torino Design to co-create a new range of ultra-futuristic scooters, it added."Having sold over 80,000 E2Ws in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to aggressively expand our E2W business," Kinetic Green Founder and CEO Sulajja Firodia Motwani joined hands with Torino Design, the company aims to redefine electric scooters in the coming months, she Green began its EV journey in 2016 with a range of electric three-wheelers In 2022, it entered the two-wheeler space and launched E-Luna in model has seen success across both B2C and B2B segments, the company per the company estimates, the e-scooter market is expected to scale rapidly in India over the next five years, with penetration expected to grow from 15 per cent to 70 per size of the e-scooter market in India is expected to touch the Rs 40,000 crore mark, according to the industry estimates. PTI

Kinetic Green plans to expand business; to launch 3 e-scooters in 18 months
Kinetic Green plans to expand business; to launch 3 e-scooters in 18 months

Business Standard

time2 days ago

  • Automotive
  • Business Standard

Kinetic Green plans to expand business; to launch 3 e-scooters in 18 months

Electric vehicle maker Kinetic Green on Friday said it plans to expand its business with the launch of three e-scooters over the next 18 months. The first of the three new products is expected to be launched around the festive season this year, the Pune-based firm said in a statement. Kinetic Green has partnered with Italy's Torino Design to co-create a new range of ultra-futuristic scooters, it added. "Having sold over 80,000 E2Ws in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to aggressively expand our E2W business," Kinetic Green Founder and CEO Sulajja Firodia Motwani said. Having joined hands with Torino Design, the company aims to redefine electric scooters in the coming months, she added. Kinetic Green began its EV journey in 2016 with a range of electric three-wheelers. In 2022, it entered the two-wheeler space and launched E-Luna in 2024. The model has seen success across both B2C and B2B segments, the company said. As per the company estimates, the e-scooter market is expected to scale rapidly in India over the next five years, with penetration expected to grow from 15 per cent to 70 per cent. The size of the e-scooter market in India is expected to touch the Rs 40,000 crore mark, according to the industry estimates.

EV maker Kinetic Green to expand business, launch three new e-scooters in next 18 months
EV maker Kinetic Green to expand business, launch three new e-scooters in next 18 months

Time of India

time2 days ago

  • Automotive
  • Time of India

EV maker Kinetic Green to expand business, launch three new e-scooters in next 18 months

Electric vehicle maker Kinetic Green on Friday said it plans to expand its business with the launch of three e-scooters over the next 18 months. The first of the three new products is expected to be launched around the festive season this year, the Pune-based firm said in a statement. Kinetic Green has partnered with Italy's Torino Design to co-create a new range of ultra-futuristic scooters, it added. EV calculator How much will I save if I choose an electric vehicle? SELECT vehicle type Calculate by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo "Having sold over 80,000 E2Ws in this initial phase, created a strong manufacturing infrastructure and a network of 400 exclusive dealers for E2W in the country, we are ready to aggressively expand our E2W business," Kinetic Green Founder and CEO Sulajja Firodia Motwani said. Having joined hands with Torino Design, the company aims to redefine electric scooters in the coming months, she added. Live Events Kinetic Green began its EV journey in 2016 with a range of electric three-wheelers . In 2022, it entered the two-wheeler space and launched E-Luna in 2024. The model has seen success across both B2C and B2B segments, the company said. As per the company estimates, the e-scooter market is expected to scale rapidly in India over the next five years, with penetration expected to grow from 15 per cent to 70 per cent. The size of the e-scooter market in India is expected to touch the Rs 40,000 crore mark, according to the industry estimates. PTI

Karnataka HC refuses relief to bike aggregators; Nasscom warns state govt of huge job losses
Karnataka HC refuses relief to bike aggregators; Nasscom warns state govt of huge job losses

Time of India

time14-06-2025

  • Automotive
  • Time of India

Karnataka HC refuses relief to bike aggregators; Nasscom warns state govt of huge job losses

Despite efforts from stakeholders, bike taxis will stop plying on roads post June 15 as the Karnataka High Court on Friday refused to stay a single judge's order prohibiting the use of such taxis until a formal policy is introduced. The appeal was filed by ANI Technologies ( Ola ) and Uber India , challenging Justice B Shyam Prasad's order to suspend services. The division bench of acting chief justice Kameswar Rao and Justice Sreenivas Harish Kumar on Friday directed Ola, Uber and the transport department to file their submissions on merit by June 20. The matter was adjourned to June 24. The IT industry body, Nasscom , on Thursday wrote to the Karnataka government urging it to defer the June 15 deadline, warning of large-scale livelihood disruptions. Nasscom said the role of tech-enabled mobility, such as bike taxis, boosts last-mile connectivity, eases traffic congestion, and supports gig workers. 'The ecosystem not only offers affordable and efficient mobility but also sustains lakhs of gig workers across the state, including students, women, migrants from other parts of Karnataka and those recovering from the post-pandemic economic crisis,' the industry body noted in its letter. Nasscom requested the state government to provide interim relief while simultaneously initiating a consultative process to develop a balanced regulatory framework for a long-term solution. It suggested that existing models in states like Delhi, Telangana and Rajasthan should be reviewed to formulate rules. Nasscom reiterated its commitment to work closely with the government to craft a forward-looking policy that supports innovation and ensures commuter safety. Ride-hailing services and the state government had been at loggerheads after Karnataka, in March last year, banned the operation of bike taxi services owing to what the government saw as a lack of encouraging response from ride-hailing platforms to offer services with electric two-wheelers (E2Ws). The government withdrew the Karnataka Electric Bike Taxi Scheme that it had notified on July 14, 2021. The sources in the government argued that the transport department was not inclined to allow bike taxi operations, as 1.7 lakh autos and cabs in Bengaluru paid taxes every quarter. However, bike taxis had no compulsion for such taxes as they are meant for private use, paying only a lifetime tax.

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