EV maker Kinetic Green eyes Rs 800-crore turnover this fiscal

Pune-based electric vehicle maker Kinetic Green said it expects a turnover to about ₹800 crore in FY23 as traction for its two-wheelers continues to increase. The electric vehicle arm of the Kinetic Group is targeting sale of 50,000 units of two-wheelers and 10,000 units of three-wheelers in the current financial year, according to its founder, Sullaja Firodia Motwani.

The company has raised ₹150 crore in a pre-series A funding round to meet its expansion and operational needs.

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