Sunday, October 13, 2024

Kinetic Engineering to invest Rs 30 cr in subsidiary Kinetic Watts and Volts

Kinetic Engineering Ltd will invest Rs 30 crore in its subsidiary, Kinetic Watts and Volts, to enhance its research, development, and manufacturing capabilities for electric vehicle components. This adds to a previous investment, bringing the total to Rs 48.5 crore. The move underscores Kinetic Engineering's commitment to innovation and sustainable electric mobility solutions in the Indian market.

from Auto-Industry-Economic Times https://ift.tt/kT1I3B5

No comments:

Post a Comment

Ola Electric accelerates profitability drive axing regional warehouses, optimising costs

Ola Electric has streamlined its distribution network by eliminating regional warehouses, now leveraging its 4,000 retail stores for invento...