Announced Mon, 22 Dec · 14:34 IST

Press Release titled - "Kinetic Watts and Volts Ltd. joins hands with Jio Things to build India Next-Gen connected EVs"

Marquee Jv AnnouncedStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Kinetic Engineering's EV subsidiary, Kinetic Watts & Volts Ltd. (KWV), has announced a strategic technology partnership with Jio Things Ltd, a subsidiary of Jio Platforms. The collaboration will bring voice-assisted controls, IoT-powered smart digital clusters, telematics, and connected vehicle features to all upcoming KWV electric two-wheeler models. Jio Things will provide its full-stack IoT platform including edge devices, connectivity, cloud infrastructure, and remote device management. KWV claims this makes it one of India's first to offer mass-market voice-assisted connected EV scooters. No financial terms, deal value, or ownership details of the partnership have been disclosed in the announcement.

Likely market impact

This partnership boosts KWV's product differentiation in the competitive Indian EV two-wheeler market by adding smart, connected features at potentially affordable price points. For Kinetic Engineering shareholders, this strengthens the long-term growth story of its EV subsidiary, though the lack of disclosed deal economics limits near-term financial visibility.