Kinetic Engineering to take EV route to re-enter two-wheeler market

Kinetic Engineering, after leaving the two-wheeler segment over a decade ago, is set to re-enter with electric vehicles. Its subsidiary Watts & Volts is working on two- and three-wheelers. The company plans to raise ₹177 crore to support this venture and aims to reach a revenue target of ₹1,000 crore by 2029.

from Auto-Industry-Economic Times https://ift.tt/K6Pl0Cw