Kinetic to launch E-Luna E-bike, expands capacity with Rs 100 cr plant – EQ Mag Pro
Chennai : Is it going to be ‘Chal Meri E-Luna’ from the Kinetic group’s stables once more?
For the uninitiated, ‘Chal Meri Luna’ was once a well-known advert line for the nation’s first moped launched by the Pune based mostly Kinetic group a few many years again.
“In couple of months, the Kinetic Inexperienced Vitality Energy Options Ltd will likely be launching the E Luna, a step-through bike,” Sulajja Firodia Motwani, Founder and CEO, informed IANS.
She stated the Rs 200 crore turnover firm is establishing a Rs 100 crore electrical two-wheeler and golf cart plant in Maharashtra.
“Within the first section, the brand new plant will roll out 25,000 electrical scooters per 30 days and three,000 gold carts every year,” she added.
Launching the corporate’s new electrical scooter, Zing Excessive Pace Scooter (“Zing HSS”) on Tuesday, Motwani additionally stated one other excessive pace mannequin Kinetic Inexperienced Flex will likely be launched earlier than the shut of 2022.
Talking concerning the E Luna, Motwani stated: “It will likely be focused on the E-commerce phase. It’s going to have a high pace of fifty kmph, two battery variants of two kWh and three kWh with a variety of 80 km and 120 km respectively. A whole lot of utility options like carry platforms for multi-purpose use, digital clusters and others will likely be there.”
In keeping with her, Kinetic Inexperienced increasing its product portfolio, distribution community is focusing on a turnover of Rs 800 crore this fiscal.
“The trade is at an inflection level and our gross sales numbers are rising at a superb tempo. None of our fashions have been concerned within the battery hearth episode. Until date we’ve got bought about 75,000 electrical autos – two and three-wheelers,” Motwani stated.
Kinetic Inexperienced has launched two electrical scooter fashions in 2021 and has bought over 30,000 scooters to date.
She stated apart from battery cells many of the vital parts are sourced domestically and from group corporations.
Motwani stated as soon as individuals see the worth and economies in electrical autos, there will likely be a rise in volumes and a lower in element costs.
“When that occurs electrical autos will now not be pushed solely by subsidies,” Motwani stated.
As regards the brand new mannequin Zing HSS she stated it’s geared up with a 3.4 KwH superior lithium-ion battery that gives a variety of 125 km per cost.
The mannequin is priced at Rs 85,000 ex-showroom, together with FAME subsidy.
Source: PTI
