Electric vehicle maker Kinetic Green is eying a Rs 600 crore revenue from its e-two-wheeler business this fiscal. The Pune-based company that ventured into the electric two-wheeler segment in March last year with the roll out of two e-scooter models — Zing and Zoom — late last month launched its third model, Zing HSS, a high-speed scooter, priced at Rs 85,000 ex-showroom, including FAME subsidy.
The dealerships have already placed bookings for 5,000 units of the new vehicles for September, which is a “very good” response, according Sulajja Firodia Motwani, Founder and Chief Executive Officer, Kinetic Green.
“We are targeting a turnover of Rs 600 crore from two-wheeler business this fiscal. We are looking to be one of the leading players in this space, with presence across spectrum — from low-speed-to-high-speed vehicles and with focus on scooters,” Motwani said.
