Kinetic Green Partners with US for Africa Market & New Products
ECONOMY & POLICY

Kinetic Green Partners with US for Africa Market & New Products

Collaboration is increasingly becoming central in the automotive industry. A recent example of this trend is EV maker Kinetic Green's partnership with an American firm to explore opportunities in Africa, specifically in East Africa. Under this partnership, Kinetic Green will co-develop and produce an e-motorcycle for the American company, which is also investing in establishing a battery swapping network. The identity of this American partner has not been disclosed.

As part of the agreement, Kinetic Green plans to utilise the partner?s battery swapping network to facilitate the entry of its e-Luna into the African market. These plans are anticipated to materialise next year. Sulajja Firodia Motwani, the founder and CEO of Kinetic Green, expressed that this initiative aligns well with their vision of "green mobility for millions," aiming to make e-mobility accessible globally, including in India.

The recent fundraising of $ 25 million (approximately Rs 2.12 billion) from the private equity firm Greater Pacific Capital will support this initiative. However, the primary benefits of this investment will be directed towards enhancing the product portfolio and increasing manufacturing capacity. Greater Pacific Capital, the first external investor in Kinetic Green, acquired a 12.7 per cent stake in the company through this investment.

Kinetic Green is placing significant emphasis on its flagship e-Luna two-wheeler EV. Launched in February, the EV saw a trial period with around 1,000 units, and commercial sales began at the end of March. Since then, over 10,000 units have been delivered, with approximately 40 per cent sold to B2B users.

Motwani noted that B2B sales are more prevalent in major markets like Delhi, Bengaluru, Pune, and Ahmedabad, where e-commerce is growing rapidly. In contrast, B2C sales have been strong in tier two and tier three towns, and some vehicles have even reached more remote areas. Motwani believes that smaller towns will drive significant growth for EVs, similar to their adoption of mobile phones and digital payments.

Kinetic Green plans to increase its monthly production from 3,000 units to 4,000 units next month, and to 5,000 units in October, with a target of reaching 8,000 units by December, plus or minus one month. The company is also developing two variants of the e-Luna: one with LED lights, a single seat, and die-cast wheels, designed for urban mobility, and a higher-performance variant intended for export markets. The latter will feature larger wheels (17 inches compared to 16 inches), a more powerful motor, and a larger battery pack. The current e-Luna, equipped with a 1.2 kW motor, has a top speed of 53-55 kmph, while the upgraded version, with a 2 kW motor, will achieve speeds of 70 kmph. Both variants will use the same 3 kWh battery pack.

Collaboration is increasingly becoming central in the automotive industry. A recent example of this trend is EV maker Kinetic Green's partnership with an American firm to explore opportunities in Africa, specifically in East Africa. Under this partnership, Kinetic Green will co-develop and produce an e-motorcycle for the American company, which is also investing in establishing a battery swapping network. The identity of this American partner has not been disclosed. As part of the agreement, Kinetic Green plans to utilise the partner?s battery swapping network to facilitate the entry of its e-Luna into the African market. These plans are anticipated to materialise next year. Sulajja Firodia Motwani, the founder and CEO of Kinetic Green, expressed that this initiative aligns well with their vision of green mobility for millions, aiming to make e-mobility accessible globally, including in India. The recent fundraising of $ 25 million (approximately Rs 2.12 billion) from the private equity firm Greater Pacific Capital will support this initiative. However, the primary benefits of this investment will be directed towards enhancing the product portfolio and increasing manufacturing capacity. Greater Pacific Capital, the first external investor in Kinetic Green, acquired a 12.7 per cent stake in the company through this investment. Kinetic Green is placing significant emphasis on its flagship e-Luna two-wheeler EV. Launched in February, the EV saw a trial period with around 1,000 units, and commercial sales began at the end of March. Since then, over 10,000 units have been delivered, with approximately 40 per cent sold to B2B users. Motwani noted that B2B sales are more prevalent in major markets like Delhi, Bengaluru, Pune, and Ahmedabad, where e-commerce is growing rapidly. In contrast, B2C sales have been strong in tier two and tier three towns, and some vehicles have even reached more remote areas. Motwani believes that smaller towns will drive significant growth for EVs, similar to their adoption of mobile phones and digital payments. Kinetic Green plans to increase its monthly production from 3,000 units to 4,000 units next month, and to 5,000 units in October, with a target of reaching 8,000 units by December, plus or minus one month. The company is also developing two variants of the e-Luna: one with LED lights, a single seat, and die-cast wheels, designed for urban mobility, and a higher-performance variant intended for export markets. The latter will feature larger wheels (17 inches compared to 16 inches), a more powerful motor, and a larger battery pack. The current e-Luna, equipped with a 1.2 kW motor, has a top speed of 53-55 kmph, while the upgraded version, with a 2 kW motor, will achieve speeds of 70 kmph. Both variants will use the same 3 kWh battery pack.

Related Stories

Gold Stories

Next Story
Resources

NCC Founder and Padma Shri Awardee AVS Raju Passes Away at 89

Dr Alluri Venkata Satyanarayana Raju, founder and Chairman Emeritus of NCC Limited and a Padma Shri awardee, passed away in Hyderabad on 13 October 2026. He was 89.Born on 18 April 1937 in Antarvedipalem village in Andhra Pradesh's erstwhile East Godavari district, Raju began his entrepreneurial journey in 1956. He established Nagarjuna Construction Company (NCC) Limited in 1978, which subsequently emerged as one of India's leading construction and infrastructure companies.Under his leadership, NCC became a public limited company in 1990 and expanded into one of India's prominent listed constr..

Next Story
Infrastructure Transport

Embraer to Acquire 51 Per Cent Stake in Mahindra Aerospace Arm

Brazilian aerospace major Embraer will acquire a 51 per cent equity stake in Novavayu Aerospace, a step-down subsidiary of Mahindra and Mahindra, under an Investment Agreement notified by the automobile company in an exchange filing. The transaction will give Embraer control of the aerospace business. Following completion of the acquisition, Novavayu Aerospace will cease to be a wholly owned subsidiary and become an associate of Mahindra Defence Systems, which is a step-down wholly owned subsidiary of Mahindra and Mahindra. The agreement is expected to be completed on or before December 1. Mah..

Next Story
Infrastructure Urban

RBI Opens Special Dollar Window for Three State-Run OMCs

The Reserve Bank of India (RBI) has opened a special facility to meet the entire daily US dollar requirements of three public sector oil marketing companies (OMCs), in a move aimed at easing pressure on the Indian rupee. The facility will take effect on October 12, 2026, and remain available until further notice. Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation are eligible to use the arrangement. Under the facility, the RBI will sell US dollars to the three companies through designated banks, allowing them to meet their oil-import payments without sourc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code