Kinetic Engineering To Invest ₹57 Crore, Driven By EV Scooter And Driveline Export Orders

On September 24, 2026, Kinetic Engineering Limited (KEL) disclosed plans to invest around ₹57 crore to bolster its operations. This additional funding will be distributed across various initiatives. A substantial portion of ₹17 crore will be utilized for a new driveline business, which is anticipated to be exported to Europe and Mexico, with an estimated total value of ₹500 crore over a period of seven years.

The remaining amount of ₹40 crore will be directed towards Kinetic Watts & Volts (KWV), a subsidiary specializing in the electric version of the Kinetic DX scooter.

Kinetic Engineering has been experiencing a surge in demand for its products, leading to a significant increase in promoter shareholding from 50% to 69.27% over the past four years. This surge in stakeholder confidence reflects the company's promising trajectory. Ajinkya Firodia, the Vice Chairman and Managing Director, highlighted the company's growth in automotive components and the positive response to the Kinetic DX electric scooter.

The company has secured Letters of Intent (LOIs) with over 150 dealers across India, with more than 60 already operational. These dealers will provide sales, service, and spares (3S) facilities, further expanding Kinetic's market reach. Kinetic Engineering aims to establish itself among the top 10 electric vehicle brands in India.

According to a Kearney report, electric two-wheeler penetration is projected to reach approximately 26% by FY 2030, potentially increasing the current market size from 18 lakh units to 70 lakh units.

Kinetic's product line includes the Kinetic DX and DX+ scooters, which offer up to 132 km of IDC range and feature a 3.1 kWh LFP battery. The Kinetic DX has been recognized as the “Viewers’ Choice EV Scooter of the Year” by the Times of India Group. The company's management expressed satisfaction with the company's diversified business portfolio, noting a healthy pipeline of new orders in auto-components and the enthusiastic reception of the Kinetic DX electric scooter.

Kinetic Watts & Volts recently won two awards at the India’s Best Design Awards 2026, for India’s Best In-House Design Studios and India’s Best Design Project. Kinetic Engineering, a pioneer in India's automotive manufacturing sector for over five decades, supplies components to notable OEMs such as Tata Motors, Mahindra & Mahindra, Ashok Leyland, and Renault. The company is listed on the Bombay Stock Exchange (BSE: 500240).