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Kinetic Watts & Volts Strengthens Retail Financing with Hero FinCorp, Bajaj Finserv and CleverPe for Kinetic DX EV Range



Posted On : 2026-01-19 14:56:53( TIMEZONE : IST )

Kinetic Watts & Volts Strengthens Retail Financing with Hero FinCorp, Bajaj Finserv and CleverPe for Kinetic DX EV Range

Kinetic Watts & Volts Ltd., the electric mobility arm of the Kinetic Group, has announced a comprehensive retail finance ecosystem for its electric scooter range through strategic partnerships with Hero FinCorp Ltd, Bajaj Finserv Ltd, and CleverPe.

These collaborations are aimed at making ownership of the Kinetic DX+ and DX electric scooters more accessible by offering a wide range of financing solutions, from traditional EMI-based lending to digital-first, technology-enabled payment options. Together, the three partners provide customers with flexibility, speed, and choice at Kinetic's expanding network of authorised EV dealerships across India.

As Kinetic Watts & Volts continues its phased, market-by-market expansion strategy, access to dependable retail finance remains a critical enabler for EV adoption. By bringing together established financial institutions and a digital-first fintech platform, the company has created a robust and inclusive financing framework catering to diverse customer profiles, from first-time EV buyers to digitally savvy urban consumers.

Customers can now access tailored finance options directly at Kinetic EV showrooms, ensuring a seamless purchase experience with reduced upfront cost barriers and simplified documentation.

The partnership with Hero FinCorp and Bajaj Finserv brings scale, trust and nationwide reach, while CleverPe adds a modern, digital-first layer focused on speed, transparency and convenience. Together, the collaborations strengthen Kinetic's retail readiness as production, sales and registrations scale up across multiple regions.

This multi-partner approach reflects Kinetic's belief that the EV journey must be supported not just by strong products and service infrastructure, but also by accessible and customer-centric financial solutions.

Speaking on the announcement, Mr. Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Watts & Volts Ltd., said, "Access to convenient and trusted financing is fundamental to accelerating electric mobility adoption in India. By partnering with Hero FinCorp, Bajaj Finserv and CleverPe, we have built a comprehensive retail finance ecosystem that offers customers flexibility, choice and confidence. These collaborations support our strategy of opening markets one by one, while reinforcing the growing belief of leading financial institutions in Kinetic's EV products and long-term vision."

The Kinetic DX range reimagines one of India's most iconic scooters in a modern electric avatar. Powered by a robust Range-X LFP battery architecture, the scooters are engineered for safety, reliability and everyday usability, while retaining the nostalgic DNA that made Kinetic a household name.

With a growing dealership footprint, strong after-sales infrastructure, and now a comprehensive financing network, Kinetic Watts & Volts is positioning itself strongly in India's rapidly evolving EV landscape.

Shares of KINETIC ENGINEERING LTD. was last trading in BSE at Rs. 318.25 as compared to the previous close of Rs. 300.70. The total number of shares traded during the day was 23486 in over 347 trades.

The stock hit an intraday high of Rs. 321.90 and intraday low of 303.05. The net turnover during the day was Rs. 7422406.00.

Source : Equity Bulls

Keywords

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