Download Free PDF

  • HOME
  • ABOUT US
  • SUBSCRIBE
  • ADVERTISE
  • E-NEWSLETTER
  • CONTACT US
91-22-24193000
Subscriber@ASAPPinfoGLOBAL.com
Automotive Products Finder
  • BEST STORIES
  • INTERVIEWS
  • NEWS UPDATES
  • PRODUCTS
  • EVENTS
  • ARCHIVES
Automotive Product Finder Magazine | Kinetic Green Energy and China’s AIMA Tech tie up to produce EVs

Kinetic Green Energy and China’s AIMA Tech tie up to produce EVs

India’s auto component industries may grow by 15-17%: Brikwork Ratings
Continental develops easy-to-recognise jacket for vulnerable road users

News  /   January

Mumbai, Maharashtra

Pune-headquartered Kinetic Green Energy & Power Solutions has teamed up with China-based electric vehicle giant Aima Technology Group to co-design and develop electric two-wheelers for India.

Through this partnership, Kinetic plans to aggressively scale up the E2W business and build the capacity of 5-lakh units a year in the next two years, the company said. Kinetic had launched its e-two-wheelers last year. As part of the collaboration, Aima will assist Kinetic with design and support for modifications and rapid localisation of the models to suit Indian customer requirements.

The two partners plan to launch at least three new models in India in FY23, including models from Aima's new advanced high-speed scooter platform. Initially, the two-wheelers developed under the collaboration will be marketed under the Kinetic brand, the company said, adding the partners have explored launching co-branded models in the future, including bringing new global brands to India.

Within a year, Kinetic and Aima further plan to explore a joint venture where Kinetic will leverage its brand and production capabilities and Aima can leverage its technology, R&D and global outreach to expand massively, it noted.

The JV will help bring the respective might of the two players to develop and market a differentiated range of EVs with advanced technology to aggressively scale up the business to be a leading player in this fast-growing space, the company said. After launching a range of electric three-wheelers in the country about four years ago, Kinetic Green entered the E2W market in 2021. According to Kinetic, buoyed by increasing petrol prices on one hand and favourable government policies leading to reduced prices for electric vehicles and fast-evolving EV ecosystem, the E2W segment is poised for rapid growth.

 Image Source: Google Images

Source: ET Auto.com

Also Read:

https://www.automotiveproductsfinder.com/news/auto-component-maker-zf-launches-cv-solutions/135187

https://www.automotiveproductsfinder.com/news/icra-comes-out-with-revised-downward-growth-forecast-for-auto-industry/135189

 

Tags Cloud
  • Pune
  • Kinetic Green Energy & Power Solutions
  • China
  • Electric Vehicle
  • Aima Technology Group
  • Electric Two-Wheelers
Advertise Here [600 W x 90 H pixels]

Comments

Loading ...
Social
Become a fan
Like
Follow us
Follow
RSS
Subscribers
Popular posts
FPT Industrial opens new ePowertrain plant in Italy
FPT Industrial opens new ePowertrain plant in Italy
News,
Oct 2022
Ashok Leyland unveils vehicle platform JEET 4x4 at DefExpo 2022
Ashok Leyland unveils vehicle platform JEET 4x4 at DefExpo 2022
News,
Oct 2022
Continental develops easy-to-recognise jacket for vulnerable road users
Continental develops easy-to-recognise jacket for vulnerable road users
News,
Nov 2022
Most commented
0 Continental develops easy-to-recognise jacket for vulnerable road users
0 Ashok Leyland unveils vehicle platform JEET 4x4 at DefExpo 2022
0 FPT Industrial opens new ePowertrain plant in Italy
Latest Comments
1
None says:
None
2
None says:
None

Posts Categories

  • BEST STORIES
  • INTERVIEWS
  • NEWS UPDATES
  • PRODUCTS
  • EVENTS
  • ARCHIVES

Twitter Feeds

Contact Us

ASAPP Info Global Services Pvt Ltd.

A-303, Navbharat Estates,
Zakaria Bunder Road,
Sewri (West),
Mumbai - 400 015,
Maharashtra, India


Tel : 91-22-24193000, Fax : 91-22-24175734
Email : Subscriber@ASAPPinfoGLOBAL.com
Website: www.ASAPPinfoGLOBAL.com
  • HOME
  • ABOUT US
  • SUBSCRIBE
  • ADVERTISE
  • E-NEWSLETTER
  • PARTNERS
  • CONTACT US

© COPYRIGHT 2019 ASAPP Info Global Services Pvt Ltd. All Right Reserved.