Kinetic Green Energy & Power Solutions has announced a partnership with China-based electric vehicle giant Aima Technology Group to share designs for electric two-wheelers for the Indian market. That is, the two companies together are planning to launch at least 3 new models by 2023, which will also include Aima’s models based on the high speed scooter platform.
Price is only 30 to 45 thousand
To recall, Aima Tech is one of the well-known electric vehicle manufacturers in China, and according to the company’s website, the company exports a range of electric scooters in bulk. Most of these electric scooters are priced between $400 to $650 (approximately 30 to 45,000 rupees). These new scooters to be launched by Kinetic Green will be made in India and Aima will assist Kinetic in the design. So that the demands of the buyers of India can be met.
One of the Top E2W Companies
According to the Rushlane report, the company aims to increase the production capacity to 5 lakh units per annum in the next two years. While Pune-based Kinetic Green Energy and Power Solutions entered the E2W market in 2021 after launching a range of electric three-wheelers in the country almost four years ago, Kinetic Green launched two electric scooters Kinetic Zing and Kinetic last year. Zoom was launched. Since then it has made its presence felt in this segment, and today is one of the top E2W players in India.
Due to the ever-increasing prices of petrol in this segment, buyers are showing more interest in this segment even under the EV policy of the Government of India, while the fast growing EV ecosystem also plays a very important role in its success.