Latest news with #KWV

Business Standard
2 days ago
- Automotive
- Business Standard
Aim to be among top 3 e-scooter makers in 3-5 years: KEL's Ajinkya Firodia
The scooters will be manufactured by its EV subsidiary, Kinetic Watts and Volts Ltd (KWV). Listen to This Article Indian automotive manufacturer Kinetic Engineering (KEL) has made a comeback in the two-wheeler (2W) segment with the launch of its electric scooters (e-scooters), the DX and DX+, priced at ₹1.11 lakh and ₹1.17 lakh, respectively. The scooters will be manufactured by its electric vehicle (EV) subsidiary, Kinetic Watts and Volts (KWV). Ajinkya Firodia, vice-chairman and managing director (MD) of KEL, and chairman and MD of KWV, speaks with Deepak Patel about KWV's goal of breaking into the top three e-scooter makers, how the group has avoided cannibalisation with his sister's company, Kinetic Green, and how it has stayed insulated from


News18
2 days ago
- Automotive
- News18
Kinetic DX Electric Scooter Launched In India
Last Updated: At the heart, the Kinetic DX uses a 2.6 kWh battery pack and a 4.8 kWh hub-mounted electric motor. It offers a maximum range of 116 km (IDC). After ruling the market in 90s, the updated yet feature-loaded Kinetic DX electric is finally back in market. The company has launched the latest made-in-India model range through Kinetic Watts and Volts Ltd. (KWV). It is a dedicated EV manufacturing subsidiary of the company. Admired by millions back then, the electric scooter now costs Rs 1.11 lakh for the base trim, while the top model goes up to Rs 1,17 lakh( all ex-showroom). It has been offered in two variants, giving decent options to the customers to choose from. Here's List of Top Elements The latest model comes with the signature style statement, which makes it stand out among competitors. It gets a retro design, inspired by the original DX 2-stroke scooter. The company has given a flat-ish front apron, complemented by an illuminated Kinetic logo. It features a hexagonal LED headlamp setup, paired with arrow-shaped turn indicators on both sides. It also has been treated with a decent-sized wind deflector, placed right above the headlamp unit, which somehow maintains the old school element. Battery and Range At the heart, the Kinetic DX uses a 2.6 kWh battery pack and a 4.8 kWh hub-mounted electric motor. It offers a maximum range of 116 km (IDC), and has a top speed of 90 km/h. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
17-07-2025
- Automotive
- Business Standard
Microcap stock hits multi-year high, up 20% in weak market on huge volumes
Kinetic Engineering share price today Shares of Kinetic Engineering hit a multi-year high of ₹351.75, zooming 20 per cent on the BSE in Thursday's intraday trade, in an otherwise weak market. The stock price of the microcap auto ancillary company was trading close to its all-time high level of ₹380, which it touched on June 17, 1996. At 02:08 PM, Kinetic Engineering shares were quoting 17 per cent higher at ₹342.35 as compared to a 0.22 per cent decline in the BSE Sensex. Average trading volumes on the counter jumped over 10-fold, with 409,000 shares changing hands on the BSE till the time of writing this report, data shows. In the past one week, the stock price of Kinetic Engineering has surged 35 per cent. Further, it has zoomed 146 per cent from its 52-week low of ₹143, touched on January 13, 2025. Currently, Kinetic Engineering is trading 'X' group on the BSE. Equity shares classified under 'X' group are only listed/traded on the BSE. The company's market capitalisation stands at ₹801 crore. What's driving the Kinetic Engineering stock price higher? In May 2025, Kinetic Engineering announced that it has, officially, granted a brand license to its subsidiary company, Kinetic Watts and Volts Ltd. (KWV), to enter the electric vehicle (EV) segment. Kinetic Watts and Volts Ltd., incorporated on September 27, 2022, was established with the mandate to explore alternative opportunities in the electric vehicle space. Under the agreement, KWV will have the non-exclusive right to use the Kinetic brand name and trademarks for its EV business, for an initial period of three years. At the end of the initial three-year licensing period, Kinetic Engineering and KWV will review and renew the licensing terms to align with the group's long-term vision, market dynamics, and any potential expansion into new categories or international markets. Kinetic Engineering is a key supplier of EV components including gearboxes, axles, and chassis, playing a crucial role in India's evolving EV supply chain. Additionally, Kinetic Group recently ventured into the battery manufacturing sector under a separate group company operating under the brand 'Range X', further expanding its footprint across the electric mobility ecosystem. Kinetic Engineering is the flagship company of the Kinetic Group, with over five decades of manufacturing excellence. Headquartered in Pune and led by Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Engineering has been a pioneer in India's automotive industry. The company is engaged in the manufacturing and supply of automotive components. The company caters to both domestic and international markets. The company's clientele includes Renault, American Axle, Tata Motors, Mahindra & Mahindra, Ashok Leyland, Magna Powertrain, Sonalika Tractors, Carraro Products, among others.


NDTV
23-06-2025
- Automotive
- NDTV
New Kinetic Electric Scooter Design Patented; Launch Soon?
It seems like Kinetic Watts and Volts is working on a new electric scooter and from the look at the design patent that the company has filed, the upcoming Kinetic electric scooter will look a lot like the iconic Kinetic Honda of the 80s and the 90s. The front apron, headlight and the rearview mirrors along with the tiny windscreen with the word 'Kinetic' written on it, all hark back to the Kinetic Honda. The other design elements include a long and wide seat along with decent footboard space. Other detail highlights include side panels that are similar to the ones on the old Kinetic Honda and a rather thick grab-handle at the rear. From what we understand, this will be a family scooter so the focus will be on practicality and comfort, rather than performance. Specifications like range, battery size and motor capacity will be revealed closer to the launch. When launched, the new Kinetic EV will go up against the likes of the Ather Rizta, Bajaj Chetak, TVS iQube and the Ola S1 X. Kinetic Watts and Volts (KWV), recently inaugurated a state-of-the-art manufacturing facility in Ahilya Nagar, Maharashtra. Spread across 87,000 square feet, the new plant is set to become the cornerstone of the company's electric vehicle expansion strategy. The facility has been designed to support scalable and sustainable production, incorporating advanced automation, precision assembly lines, and digitised operations.


News24
11-06-2025
- Business
- News24
BUZZ kill: KWV strikes blow for its Bug shooters
For more financial news, go to the News24 Business front page. KWV, which produces the popular Bug shooter, has successfully defended the brand against what it contended was a copycat competitor. Bug is sold in 20ml bottles, with alcohol levels varying from 12% to 24.5%, depending on the flavour. The group filed a complaint to the Advertising Regulatory Board (ARB) against BUZZ, a product created by the Johannesburg-based Craft Link, accusing it of imitating its packaging design. KWV claimed BUZZ's bee-inspired branding closely mirrored Bug's look and feel, 'taking advantage of the goodwill relating to the advertising property vested in the Bug packaging'. KWV argued that BUZZ ripped off its insect imagery, which features 'Bug-man', with its own bee, at the top of the packaging design. It further argued that the names 'BUZZ' and 'Bug' shared a similar visual style, with white text and green outlines, raising concerns over consumer confusion. This, KWV argued, would be exacerbated by similar bottles with comparable shield-shaped labels and barcode placements. While Craft Link denied plagiarism claims, it agreed to stop BUZZ production and distribution. The group also denied any contraventions of the ARB's Code of Advertising, specifically the exploitation of goodwill and imitation. To meet ARB regulations, they ensured a three-month 'grace period' for clearing existing stock from shelves. The ARB Directorate ruled in favour of a resolution, acknowledging Craft Link's decision to pull BUZZ off the market. Craft Link's voluntary measures to halt BUZZ production fulfilled the necessary ethical and procedural requirements without requiring an explicit admission of guilt, the ARB said.