Kinetic Watts & Volts Ltd, the electric mobility arm of the Kinetic Group, has rolled out an integrated retail financing framework for its electric scooter portfolio through tie-ups with Hero FinCorp Ltd, Bajaj Finserv Ltd, and fintech platform CleverPe. The initiative is designed to simplify ownership of the Kinetic DX+ and DX electric scooters by offering customers a broad spectrum of funding options, ranging from conventional EMI-based loans to fast, digital-led payment solutions. These financing facilities are now available across Kinetic’s growing network of authorised EV dealerships nationwide.
As the company advances its phased expansion across key markets, easy access to retail finance is emerging as a vital driver of electric vehicle adoption. By combining the reach of established financial institutions with the agility of a digital-first platform, Kinetic has built a financing ecosystem that caters to varied customer segments, including first-time EV buyers and urban, tech-savvy consumers.
Customers can now complete financing formalities directly at Kinetic EV showrooms, helping reduce upfront costs and paperwork while ensuring a smoother purchase journey. While Hero FinCorp and Bajaj Finserv add scale, credibility, and pan-India coverage, CleverPe enhances the offering with speed, transparency, and convenience through technology-enabled processes.
Commenting on the development, Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Watts & Volts Ltd, said that convenient and trusted financing plays a decisive role in accelerating electric mobility in India. He added that these partnerships support Kinetic’s market-by-market growth strategy and reflect the confidence of leading financial institutions in the company’s products and long-term roadmap.
The Kinetic DX range brings a modern electric interpretation to one of India’s most recognised scooter brands. Built on a robust Range-X LFP battery platform, the scooters focus on safety, durability, and daily usability while preserving the brand’s familiar design character.
With an expanding dealership footprint, strengthening service infrastructure, and a comprehensive retail finance network in place, Kinetic Watts & Volts is steadily building its presence in India’s fast-evolving electric mobility market.
Founded in September 2022, Kinetic Watts & Volts Ltd (KWV) is the dedicated EV manufacturing subsidiary of Kinetic Engineering Limited. Led by Vice Chairman & Managing Director Ajinkya Firodia, KWV draws on Kinetic’s long-standing legacy in the Indian automotive sector to develop reliable and sustainable electric mobility solutions. The company operates an 87,000 sq. ft. state-of-the-art manufacturing facility equipped with modern automation and quality systems, underscoring its focus on safe, high-performance, Made-in-India EV products.
Kinetic Engineering Limited, the flagship company of the Kinetic Group, has been a key player in India’s automotive manufacturing ecosystem for over five decades. Headquartered in Chinchwad, Pune, the company supplies components to leading OEMs including Tata Motors, Mahindra & Mahindra, Ashok Leyland, Renault, American Axle, Magna Powertrain, and Sonalika Tractors. KEL is listed on the Bombay Stock Exchange (BSE: 500240).
