Shares of Kinetic Engineering Limited are likely to remain in focus after its electric mobility subsidiary, Kinetic Watts & Volts, announced a comprehensive retail financing tie-up to support sales of its Kinetic DX and DX+ electric scooters.
Financing partnerships to support EV expansion
Kinetic Watts & Volts has entered into strategic partnerships with Hero FinCorp, Bajaj Finserv and fintech platform CleverPe to offer flexible, nationwide retail finance solutions for its EV customers .
The collaboration enables multiple financing options ranging from traditional EMI-based loans to digital-first payment solutions, aimed at reducing upfront costs and simplifying the purchase process for customers at authorised Kinetic EV dealerships.
Boost to EV adoption and dealership rollout
According to the company, access to dependable retail finance is a critical enabler as it follows a phased, market-by-market expansion strategy. The tie-up is expected to support EV adoption not only in metro cities but also in emerging markets, where affordability and ease of financing play a key role .
Customers can avail financing directly at dealerships, helping streamline documentation and improve conversion rates as sales volumes scale up.
Management commentary highlights confidence
Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Watts & Volts, said that convenient and trusted financing is fundamental to accelerating electric mobility adoption in India. He added that the partnerships reinforce the confidence of leading financial institutions in Kinetic’s EV products and long-term vision .
Strengthening the EV ecosystem
Kinetic noted that while Hero FinCorp and Bajaj Finserv bring scale, trust and nationwide reach, CleverPe adds a digital-first layer focused on speed, transparency and convenience. Together, the partnerships are expected to strengthen retail readiness as production, registrations and dealership presence expand across regions .
Kinetic Watts & Volts, incorporated in 2022, is the dedicated EV subsidiary of Kinetic Engineering and is positioning itself as a key player in India’s evolving electric two-wheeler market with its DX range, backed by manufacturing scale, after-sales infrastructure and now an expanded financing network.