Kinetic Engineering Reports Strong EV Momentum, Expands Dealership Network Nationwide

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  • Nov 14,25
With a profitable financial foundation, a positive demand outlook, and an expanding EV distribution network, Kinetic Engineering Limited is well-positioned to deliver sustainable growth and long-term value to its customers, partners, and shareholders.
Kinetic Engineering Reports Strong EV Momentum, Expands Dealership Network Nationwide

Kinetic Engineering Limited, one of India’s most trusted mobility engineering and component manufacturing companies, has announced its quarterly results following a meeting of the Board. The company reported significant progress at its electric vehicle arm, Kinetic Watts & Volts Ltd (KWV), a subsidiary. KWV has achieved a major milestone with the receipt of the ARAI homologation certificate and the successful completion of testing. The company also confirmed the inauguration of its first showroom on 16 October 2025. Deliveries of the Kinetic DX are set to commence at the end of November 2025, following an overwhelming market response and strong bookings within just a few months of launch. This milestone reaffirms the enduring strength of the Kinetic brand in the electric mobility sector.

KWV announced that it has issued over 50 Letters of Intent (LOIs) in key cities, including Pune, Mumbai, Baroda, Surat, Indore, Bhopal, Jabalpur, Delhi, Gurgaon, Jaipur, Lucknow, Hyderabad, Bhubaneswar and Cuttack, among others. The company has already met its network expansion target for the year and plans to open all these dealerships by the end of March. By that time, it aims to ramp up production and sales to achieve a cumulative target of 5,000 units, generating approximately Rs 500 million in revenue. Furthermore, KWV intends to sell a minimum of 60,000 units in the next financial year, setting an ambitious top-line target of Rs 6000 million from the subsidiary alone as its electric vehicle portfolio expands. The company also plans to establish a nationwide network of 200 dealerships by FY 2026–27, with the southern region being the next focus area.

Ajinkya Firodia, Vice Chairman, Kinetic India, said, “This quarter marks a significant step forward in our journey. The response to KWV has been exceptional, with bookings far exceeding projections, a reflection of the deep trust in the Kinetic brand and the proven reliability of our products. The Kinetic DX is quickly emerging as the preferred everyday scooter for Indian families, offering segment-leading convenience through features like Easy Key, Easy Charge, and Easy Flip. Its robust metal body, practical real-world range, class-leading 37-litre storage and low maintenance make it a truly dependable companion for daily mobility.”

On the auto component manufacturing front, Kinetic Engineering Limited has recently inaugurated its state-of-the-art robotic chassis line, further enhancing its precision manufacturing capabilities. The company has also revamped its paint shop and added new metal pressing facilities, boosting throughput and improving quality standards. KEL is currently producing chassis for the E-Luna and Kinetic DX EV, highlighting its strong backward integration with the group’s electric mobility initiatives.

KEL also confirmed that it is in advanced discussions with several existing and new customers in the auto component sector, which are expected to further drive its B2B business in the coming months. With a profitable financial foundation, a positive demand outlook, and an expanding EV distribution network, Kinetic Engineering Limited is well-positioned to deliver sustainable growth and long-term value to its customers, partners, and shareholders.

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