Quick Takeaways
  • Kinetic Watts & Volts electric scooter financing gains momentum with new retail finance partnerships across India.
  • The initiative supports phased market expansion while improving EV affordability and purchase flexibility.
On January 14, 2026, Kinetic Watts & Volts Ltd., the electric mobility arm of the Kinetic Group, announced new retail financing tie-ups aimed at strengthening sales of its DX electric scooter portfolio. The move is designed to improve customer access as the company scales its electric two-wheeler presence across Indian markets.
Kinetic Watts & Volts Electric Scooter Financing Partnerships
The Pune-based EV manufacturer has partnered with Hero FinCorp Ltd., Bajaj Finserv Ltd., and fintech platform CleverPe to offer a comprehensive financing ecosystem. These arrangements enable customers to choose between conventional installment-based loans and digital payment-led financing options at authorized dealerships nationwide.
The financing framework is being introduced in line with the company’s phased market expansion strategy. Kinetic Watts & Volts views accessible financing as a critical enabler for accelerating adoption as it opens new regional markets for its electric scooters.
Financing Designed to Support EV Adoption
“Access to convenient and trusted financing is fundamental to accelerating electric mobility adoption in India,” said Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Watts & Volts Ltd. He added that the partnerships provide customers with “flexibility, choice and confidence” while supporting the company’s market-by-market rollout approach.
By combining the nationwide reach of established financial institutions with CleverPe’s digital-first model, the company aims to simplify the purchase journey. Customers can avail tailored financing directly at Kinetic EV showrooms, with reduced upfront costs and streamlined documentation highlighted as key advantages.
Kinetic DX Electric Scooter and Manufacturing Footprint
The Kinetic DX electric scooter range represents a modern electric interpretation of a legacy Indian scooter brand. Built around Range-X LFP battery architecture, the scooters are engineered for everyday urban commuting while retaining familiar design cues associated with classic Kinetic models.
Kinetic Watts & Volts was incorporated in September 2022 as the dedicated EV manufacturing subsidiary of Kinetic Engineering Limited. The company operates an 87,000 square foot manufacturing facility to support its electric two-wheeler production plans.
Backed by a Longstanding Automotive Legacy
Kinetic Engineering Limited brings more than five decades of experience in India’s automotive manufacturing sector. The company supplies components to major OEMs including Tata Motors, Mahindra & Mahindra, and Ashok Leyland, and is listed on the Bombay Stock Exchange under the code BSE: 500240. This legacy underpins Kinetic Watts & Volts’ expansion into electric mobility with a focus on scale, reliability, and market trust.
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