Press Release - Launch of All New Kinetic DX EV by Kinetic Watts and Volts Ltd.
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Kinetic Engineering's EV subsidiary Kinetic Watts and Volts Ltd. (KWV) has launched the all-new Kinetic DX EV electric scooter at ₹1,11,499 (DX) and ₹1,17,499 (DX+), ex-showroom Pune. The scooter features an LFP battery with 2.6 kWh capacity, an estimated 116 km range, and a top speed of 90 km/hr. Bookings opened at ₹1,000 each on www.kineticev.in, capped at 35,000 units, with deliveries beginning September 2025. KWV has already been capitalized with ₹72 crores by KEL and promoters, and promoters have additionally pledged ₹177 crores to KEL, with a significant portion earmarked for scaling the DX platform. This marks Kinetic's re-entry into the two-wheeler market, reviving the iconic DX brand in an electric avatar.
This is a new product launch and re-entry into the two-wheeler EV segment for Kinetic, which could open a fresh revenue stream through subsidiary KWV. The ₹177 crore promoter pledge signals strong commitment, but actual financial impact will depend on booking conversion, delivery execution, and competitive response in India's crowded EV scooter market.