Latest news with #KWV
Time Out
20-05-2025
- Entertainment
- Time Out
Cape gin crowned South Africa's best!
Whether you like yours shaken in a martini or mixed with a tonic, here in Cape Town, we have certainly enjoyed the fruits of the craft gin revolution. Take a look at the shelves of your favorite liquor store (Liquor City in Claremont is my go-to, and hard to beat) and you'll find dozens of options. From Karoo-inspired infusions to fynbos-forward flavor bombs, distillers are pushing boundaries each and every day. But, with choice comes a dilemma: which of them is any good? Well, here's a good place to start. At the recent 2025 World Drinks Awards, KWV walked away with two top honors in the gin category. KWV? The people who make brandy and wine? Yes, the very same. At the awards KWV's XXO 20-Year-Old Brandy was also named the world's highest-scoring aged wine brandy. But let's keep our eyes on the juniper-infused prize, as it turns out that KWV's Master Distiller, Pieter de Bod, is a dab hand at gin too. So much so that the KWV Imagin Classic London Dry Gin was crowned South Africa's best gin in the Classic category. Crafted in small batches, this citrus-bright, juniper-forward gin is as classic as you could hope for. It's no stranger to the podium, either: this is its sixth international gold in three years. Not content with just one award, the Cruxland Black Winter Truffle Gin won the same for the Contemporary Style Gin category. This bold and earthy statement gin is made with Périgord truffles grown in South Africa. It's a modern favorite and an eight-time international gold medalist. Both gins bagged 'Gold – Country Winner' titles. "These awards reflect a brand that honors its history while continuously evolving," says Pieter de Bod. "It shows our ability to blend tradition with relevance - and create spirits that speak to both heritage and today's global palate."
Hindustan Times
14-05-2025
- Automotive
- Hindustan Times
Kinetic Engineering to invest ₹71.83 Crore in KWV for EV transition and brand licensing. Check details
₹71.83 Crore in KWV for EV transition and brand licensing. Check details data-item-target-url=/auto/news/ data-item-story-segment=N/A> To fund this shift, Kinetic Engineering and its founders have pledged a combined investment of ₹71.83 crore in KWV. Notify me Kinetic Engineering Limited (KEL), a familiar name in India's automotive sector, has made a strategic move towards the transition to electric mobility by formally licensing its legendary brand name to its EV-focused subsidiary, Kinetic Watts and Volts Ltd. (KWV). The development allows KWV to use the Kinetic brand name in the field of electric vehicles, marking the group's formal foray into the EV space. KWV, which was incorporated in September 2022, was founded with a distinct mandate to seek business opportunities in the nascent electric vehicle arena. With product development already initiated, the firm is gearing up to unveil its roadmap for EV launches, strategic partnerships, and market entry plans over the next few months. Also Read : New Kinetic e-Luna electric moped design patented, launch likely during festive season Major investment to strengthen EV Vision To fund this shift, Kinetic Engineering and its founders have pledged a combined investment of ₹ 71.83 crore in KWV. ₹ 42.83 crore has been infused already, with another ₹ 29 crore to be disbursed soon. This infusion of funds will grant an 80 per cent stake in the subsidiary company to KEL, making it the propelling force for the group's electric vehicle aspirations. As per the deal, KWV shall have a non-exclusive right to utilize the brand name and trademarks of Kinetic for three years. The licensing agreement gives the new company the right to use the trust and identity Kinetic has developed over decades, while providing the opportunity to introduce a new generation of electric vehicles in India, to be reviewed and renewed periodically with the changes and expectations in the market and the changes in the long-term plans of higher management. Also Read : Kinetic Green E-Luna electric moped launched in India, priced from ₹ 69,990 Broader group synergies in the EV ecosystem Kinetic Engineering is not a stranger to the EV world—it already provides critical components like gearboxes, axles, and chassis to electric vehicle makers. Moreover, the Kinetic Group has ventured into battery production under a different entity titled "Range X." This joint plan aligns with the group's desire to become a major player in various transportation segments of the electric mobility value chain. Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Engineering Ltd., stressed the importance of this move. 'This is more than a business decision—it's the continuation of a legacy. Kinetic Watts and Volts represents our belief in a cleaner, smarter future for mobility. By combining the brand's heritage with modern EV technology, we hope to create products that connect with consumers and lead the way forward," he said. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 14 May 2025, 11:32 AM IST
Time of India
14-05-2025
- Automotive
- Time of India
Kinetic Engineering grants license to Kinetic Watts and Volts for EV expansion
Kinetic Engineering Limited (KEL) has granted a brand license to its subsidiary, Kinetic Watts and Volts Ltd. (KWV), to utilise the Kinetic brand in the electric vehicle (EV) sector. KWV, established in September 2022, is preparing to launch its EV product line, rollout strategy, partnerships, and market plans, backed by a ₹71.83 crore investment from KEL and other promoters. With this, KEL will hold an 80 per cent stake in KWV. This move allows KWV to leverage the Kinetic brand's legacy in the rapidly expanding Indian EV market , while KEL continues to be a key supplier of EV components and expands into battery manufacturing under the "Range X" brand. Under the agreement, KWV will have the non-exclusive right to use the Kinetic brand name and trademarks for its EV business. Ajinkya Firodia , Vice Chairman & Managing Director, Kinetic Engineering Ltd., said: 'This license is not just a business arrangement – it's the handover of a rich heritage into capable hands, committed to shaping the future of mobility. We believe that by combining our iconic brand with cutting-edge electric technology, Kinetic Watts and Volts will create products that resonate deeply with Indian consumers and set new benchmarks in the EV space.' The initial term of this agreement is three years, post which there will be a review to ascertain if they align with the group's long-term vision, market conditions, and any potential expansion into new areas or international markets.
NDTV
14-05-2025
- Automotive
- NDTV
Kinetic Engineering Grants Brand License To EV Arm Kinetic Watts And Volts; Marks Strategic Push Into Electric Mobility
In a significant move underscoring its transition into the electric vehicle (EV) space, Kinetic Engineering Limited (KEL), one of India's pioneering names in the automotive sector, has announced that it has officially granted brand licensing rights to its wholly owned subsidiary, Kinetic Watts and Volts Ltd. (KWV). Formed on September 27, 2022, KWV was established with a clear mandate to explore emerging opportunities in the EV segment. The subsidiary is now preparing to unveil its product lineup, go-to-market strategy, and partnership roadmap, signalling its entry into the commercial phase of operations. The licensing agreement, valid for an initial period of three years, grants KWV the non-exclusive rights to use the iconic Kinetic brand name and trademarks in its electric vehicle business. The move allows the fledgling EV company to capitalise on the legacy and goodwill of the Kinetic group. Kinetic Engineering, along with other promoters, has already infused Rs. 42.83 crore into KWV and has committed to releasing an additional Rs. 29 crore soon. This will bring the total investment to Rs. 71.83 crore, giving KEL an 80 per cent stake in the EV-focused entity. The capital injection is expected to bolster KWV's product development and operational readiness as it readies for its market debut. Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Engineering Ltd., commented on the development, stating: "The Kinetic brand has stood for trust, innovation, and progress for more than 50 years. As we transition into a new era of electric mobility, it is a proud moment for us to see Kinetic Watts and Volts carry this legacy forward. This is not just a licensing arrangement; it's a generational handover that aligns with our mission to shape the future of transportation in India." Kinetic Engineering, known for its manufacturing of essential EV components such as gearboxes, axles, and chassis, continues to play a vital role in India's evolving EV supply chain. In a further push to diversify its presence in the electric mobility space, the Kinetic Group has also recently forayed into battery manufacturing under a new entity branded as "Range X." At the conclusion of the initial licensing term, KEL and KWV are expected to revisit and potentially renew the agreement, taking into account evolving market conditions, international expansion opportunities, and the group's long-term strategy. The brand licensing announcement is a pivotal step in Kinetic Group's evolution from a traditional two-wheeler powerhouse into a forward-looking player in India's fast-growing EV sector.
IOL News
09-05-2025
- Business
- IOL News
Historic KWV 1930 Muscadel sells for R17,000 at auction
A rare KWV 1930 muscadel, bottled before World War II, sold for R17 000 at the second annual KWV Auction in Paarl. Image: Supplied A rare bottle of KWV 1930 muscadel, bottled before World War II and preserved in pristine condition, was sold for R17,000 at the second annual KWV Auction, held on May 7 in the Cathedral Cellar in Paarl. The historic bottle was the evening's headline lot among 116 exclusive wines and brandies released from the producer's private cellar, reaffirming KWV's status as one of South Africa's most collectable wine and spirit producers. The auction concluded with a total hammer price of R427 300 (pending audit). The event once again pledged its profits to Nation Builder, an organisation supporting sustainable community development across South Africa. 'It is a privilege to witness another milestone in KWV's 107-year journey, and to honour a legacy built on crafting wines and brandies that people choose to include in their most cherished memories,' said KWV CEO John Loomes. 'It is even more meaningful that this vision culminated in such a remarkable result tonight, one that will resonate far beyond our cellar walls and make a lasting impact in communities.' Conducted by auctioneers, Strauss & Co, highlights included aged whites such as a vertical collection of The Mentors Chardonnay (2011, 2013, and 2015), which attracted enthusiastic bidding. Also in high demand were The Mentors Limited Edition Malbec and Nebbiolo collection, the acclaimed XO Pinotage Single Varietal Brandy, and various tribute Pinotage lots. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕
