India’s automotive sector is rapidly shifting toward electric mobility, and companies are strengthening their investments to stay ahead of the transition. In a significant development, Kinetic Engineering Secures 40 Cr from its promoter group to support expansion in electric vehicles (EVs) and automotive component manufacturing.
Promoter Investment Strengthens Capital Base
Kinetic Engineering Limited (KEL) recently received a fresh capital infusion of ₹40 crore through the conversion of warrants into equity. This move has increased the promoter group’s shareholding in the company to 65 percent, compared with 49 percent four years ago. The transaction, which is subject to necessary regulatory approvals, reflects the promoters’ strong confidence in the company’s long-term strategy and growth potential.
The announcement that Kinetic Engineering Secures INR 40 Cr marks a major step in strengthening the company’s financial foundation as it scales up operations in both traditional automotive components and new electric mobility technologies.
Strategic Push Toward Electric Mobility
The newly infused capital will be used to accelerate the company’s transition toward EV-focused manufacturing and technology development. Kinetic Engineering is expanding its capabilities in electric vehicle components, battery systems, and precision engineering solutions designed for global original equipment manufacturers (OEMs).
The investment comes at a time when the automotive industry is witnessing a strong shift toward electrification. By boosting investments in emerging mobility technologies, the company aims to build a comprehensive EV ecosystem that includes advanced battery technology and high-precision automotive components.
Growth Through New EV Products
A major focus area for the company is the rollout of electric mobility products. The development comes alongside the launch of the Kinetic DX electric scooter, introduced by the company’s subsidiary, Kinetic Watts and Volts, in which KEL holds an 80 percent stake.
The electric scooter features a metal body, 37-litre under-seat storage, and a Range-X lithium iron phosphate (LFP) battery, designed to deliver durability and reliable performance. Sales and service operations have already started in several cities, including Pune, Mumbai, Vadodara, Surat, Indore, and Delhi NCR.
The momentum generated after Kinetic Engineering Secures INR 40 Cr will also support the nationwide distribution of the scooter.
Expansion of Dealer Network and Production Targets
To strengthen its market presence, the company plans to appoint more than 150 dealers across India in 2026. This expansion will help establish a stronger retail and service network for its EV products.
Alongside the EV push, Kinetic Engineering is also increasing production capacity for EV-specific components such as battery systems and driveline products supplied to major automotive clients.
With these initiatives, the company aims to scale production to 60,000 units by FY 2026–27 and has set a long-term revenue target of ₹1,000 crore by 2029.
A Confident Step Toward Future Mobility
Industry leaders believe that strong promoter backing is crucial for long-term growth. As Kinetic Engineering Secures INR 40 Cr, the investment highlights the promoter group’s confidence in the company’s transformation strategy. With expanding EV products, stronger component manufacturing capabilities, and a growing dealer network, Kinetic Engineering is positioning itself as an important player in India’s evolving electric mobility landscape.
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