JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.
Players like Ola Electric, Ather Energy, Kinetic Green and BGauss are introducing premium services and infrastructure enhancements.
Kinetic Motor Company on Tuesday launched a low-priced scooterette Zing 80 to boost sales in the segment.
Kinetic Engineering on Tuesday launched India's most expensive motorcycle -- Comet 250 -- priced at a whopping Rs 167,000.
Kinetic Motor Company, the Pune-based scooter-maker, which sold its business assets to Mahindra and Mahindra for Rs 110 crore (Rs 1.1 billion) on Wednesday, is now considering to get into the auto components business.
Kinetic Motor has entered into an alliance with Italian two wheeler maker Leopoldo Tartarini, founder of Italjet, for manufacturing and distribution rights for seven best selling international brands from Italjet's range of scooters.
Kinetic Motor Company, the country's pioneer in modern gearless scooters, proposes to bring out seven new models of two-wheelers in a tie-up with Italian scooter manufacturer Italjet.
Kinetic Motor Co on Tuesday said it would start exporting four-stroke 115cc scooter Nova to Europe by the end of March.
Kinetic Engineering on Wednesday said it has scaled up sales target of motorcycles to 150,000 units following good response for its 115cc motorcycle Velocity.
After ruling the Indian scooter scenario for a long period, Kinetic Motors is changing gears. It now wants to foray into the much-hyped and highly competitive motorcycles segment.
Kinetic Engineering on Thursday launched four new motorcycles - 115cc economy segment model Boss, 115cc executive segment model Velocity, performance segment model GF170 and premium segment model GF Laser.
Pune-based Kinetic Engineering on Wednesday launched its four-stroke Velocity motorcycle targetting the executive segment.
Armed with a new corporate logo, Kinetic Motor Company on Tuesday said it expected to turn around this year, while the sister concern Kinetic Engineering is expected to do the same next year.
Kinetic on Wednesday relaunched the iconic two-wheeler Luna in an electric avatar, addressing the demand for affordable electric vehicles (EVs), more than two decades after its initial introduction. e-Luna will be available at an introductory ex-showroom price of Rs 69,990, as announced by Sulajja Firodia Motwani, founder and chief executive officer of Kinetic Green, after Union Road Minister Nitin Gadkari launched the vehicle. Motwani pointed out that the current top 10 electric two-wheelers in the country are priced between Rs 1.05 lakh and Rs 1.49 lakh, making them a "luxury" that is not "practical and accessible" for most people in India.
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