Latest news with #Kinetice-Luna
Hindustan Times
18-07-2025
- Automotive
- Hindustan Times
Made in India Lamborghini golf carts unveiled by Kinetic Green for global markets
The new collection of Tonino Lamborghini Golf and Lifestyle Carts brings Italian style together with Indian electric vehicle manufacturing capabilities Check Offers Kinetic Green Energy and Power Solutions has introduced a new range of electric golf and lifestyle carts in association with Italy's Tonino Lamborghini SpA, marking the entry of the Indian EV maker into the niche four-wheeler mobility market. The new collection of Tonino Lamborghini Golf and Lifestyle Carts brings Italian style together with Indian electric vehicle manufacturing capabilities. Made in India, these carts will be sold globally under the Tonino Lamborghini brand name with the signature red shield incorporating the bull logo. The carts come in 2-seater, 4-seater, 6-seater and 8-seater options and are aimed for golf courses and luxury resorts, gated communities, airport transportation, corporate campuses and private estates. The design language draws from Tonino Lamborghini's long-standing legacy in premium lifestyle goods, incorporating bold styling, elegant proportions, and functional luxury. Technically, the carts run on a high-torque 45 Nm electric powertrain with 30 per cent gradeability for all-terrain functionality. A 10-year-lasting, maintenance-free lithium-ion battery delivers up to 150 km range, with wireless charging ability and 10-year battery lifespan claimed. Key engineering characteristics are MacPherson suspension, hydraulic four-wheel braking, and left- and right-hand drive market universal drive compatibility. Also Read : Remember the Kinetic Honda DX scooter? It could soon make a comeback as an EV Inside the cabin, features like luxury seats, leg room, and smart TFT dashboard enhance user experience and comfort. Additional equipment features wireless mobile charging, LED headlamps, hill-hold, electronic parking brake, and utility-driven features like golf bag holders, caddie stands, and foldable windshields. Two product ranges have been unveiled: the Genesis Range, representing traditional Italian style, and the Prestige Range, which brings with it a futuristic appearance and ultra-premium status. Global expansion plans and market strategy The new joint venture, Kinetic Green Tonino Lamborghini Pvt Ltd, is targeting a sizeable chunk of the burgeoning global market for electric lifestyle and golf carts, projected to be $5 billion today. With its demand spilling over from golf courses into urban lifestyle and last-mile mobility domains, the company has drawn up a sweeping global plan. A focus on the initial markets of India, UAE, Saudi Arabia, and Maldives has already been supported by distributor partnerships. The company also plans to enter New Zealand, Sri Lanka, Thailand, and Indonesia in the next stage, and then expand into Europe and the United States. Also Read : New Kinetic e-Luna electric moped design patented, launch likely during festive season Manufacturing at Kinetic Green's integrated plant in the vicinity of Pune has started, with Nhava Sheva port in the vicinity of Mumbai acting as the export base. The company plans to have a presence in 30 countries, which will represent about 80 per cent of the global market for golf carts, in the next five years, with an annual revenue target of USD 300 million. A strategic pivot for Kinetic Green For Kinetic Green, the launch represents a critical step into luxury electric mobility. The company that was known largely for its two- and three-wheel electric models is now launching itself on a global platform through its alliance with Tonino Lamborghini. The investment is consistent with Kinetic Green's overall vision of establishing a $1 billion EV business by 2030, backed by new product categories, premium branding, and an aggressive export strategy. As per representatives of the company, this partnership is not just about producing high-end carts but about changing the game for electric mobility with lifestyle, design, and global scope. Check out Upcoming EV Cars in India, Upcoming EV Bikes in India. First Published Date: 18 Jul 2025, 08:00 am IST
Hindustan Times
14-05-2025
- Automotive
- Hindustan Times
Kinetic Engineering to invest ₹71.83 Crore in KWV for EV transition and brand licensing. Check details
₹71.83 Crore in KWV for EV transition and brand licensing. Check details data-item-target-url=/auto/news/ data-item-story-segment=N/A> To fund this shift, Kinetic Engineering and its founders have pledged a combined investment of ₹71.83 crore in KWV. Notify me Kinetic Engineering Limited (KEL), a familiar name in India's automotive sector, has made a strategic move towards the transition to electric mobility by formally licensing its legendary brand name to its EV-focused subsidiary, Kinetic Watts and Volts Ltd. (KWV). The development allows KWV to use the Kinetic brand name in the field of electric vehicles, marking the group's formal foray into the EV space. KWV, which was incorporated in September 2022, was founded with a distinct mandate to seek business opportunities in the nascent electric vehicle arena. With product development already initiated, the firm is gearing up to unveil its roadmap for EV launches, strategic partnerships, and market entry plans over the next few months. Also Read : New Kinetic e-Luna electric moped design patented, launch likely during festive season Major investment to strengthen EV Vision To fund this shift, Kinetic Engineering and its founders have pledged a combined investment of ₹ 71.83 crore in KWV. ₹ 42.83 crore has been infused already, with another ₹ 29 crore to be disbursed soon. This infusion of funds will grant an 80 per cent stake in the subsidiary company to KEL, making it the propelling force for the group's electric vehicle aspirations. As per the deal, KWV shall have a non-exclusive right to utilize the brand name and trademarks of Kinetic for three years. The licensing agreement gives the new company the right to use the trust and identity Kinetic has developed over decades, while providing the opportunity to introduce a new generation of electric vehicles in India, to be reviewed and renewed periodically with the changes and expectations in the market and the changes in the long-term plans of higher management. Also Read : Kinetic Green E-Luna electric moped launched in India, priced from ₹ 69,990 Broader group synergies in the EV ecosystem Kinetic Engineering is not a stranger to the EV world—it already provides critical components like gearboxes, axles, and chassis to electric vehicle makers. Moreover, the Kinetic Group has ventured into battery production under a different entity titled "Range X." This joint plan aligns with the group's desire to become a major player in various transportation segments of the electric mobility value chain. Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Engineering Ltd., stressed the importance of this move. 'This is more than a business decision—it's the continuation of a legacy. Kinetic Watts and Volts represents our belief in a cleaner, smarter future for mobility. By combining the brand's heritage with modern EV technology, we hope to create products that connect with consumers and lead the way forward," he said. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 14 May 2025, 11:32 AM IST
