New Launch12 Nov 2025, 03:37 pm
Kinetic Engineering's Subsidiary Commences Deliveries, Aims 5000 Units Sales by March 2025
AI Summary
Kinetic Engineering Ltd. (KEL) has announced significant progress at its electric vehicle arm, Kinetic Watts & Volts Ltd. (KWV). KWV has received the ARAI homologation certificate, completed testing, and inaugurated its first showroom. Deliveries of the Kinetic DX will commence in November 2025, following strong bookings. KWV plans to open 200 dealerships by FY 2026-27 and aims to sell 60,000 units in the next fiscal year, setting a top-line target of ₹600 crores from the subsidiary alone. KEL has also strengthened its precision manufacturing capabilities and revamped its paint shop and metal pressing facilities.
Key Highlights
- Kinetic Watts & Volts (KWV) commences deliveries of Kinetic DX
- Overwhelming bookings within 6 months of market entry
- Targeting sales of 5000 units by March 2025
- Plans to open 200 dealerships by FY 2026-27
- Aims to sell 60,000 units in the next fiscal year, setting a top-line target of ₹600 crores from the subsidiary alone