Kinetic E-Luna: The Pune-based company, “Kinetic Green” plans to sell over one lakh units of the electric version of Luna in the next financial year 2024-25. It aims to achieve a turnover of Rs 1,200CR. A company official said that the company launched e-Luna in the domestic market on Wednesday,07-02.2024. The Luna segment alone is expected to generate revenues of around Rs 800CR in the next financial year. This company currently has an estimated turnover of around Rs 350CR.
Kinetic E-Luna: Super features
Kinetic Green founder and CEO Sulajja Firodia Motwani told PTI, “Our aim is to sell one lakh units of e-Luna in the next financial year as we expect the company’s turnover to reach Rs 1,200 crore. Kinetic Green has launched its new e-Luna at a lower price than expected. The company has kept the price of Kinetic e-Luna at Rs 69,999 i.e. around Rs 70,000. The company will soon provide more details regarding delivery dates and other information on its official website.
Kinetic E-Luna: Variety of designs
E-Luna Features, Range, Price sticks to the same design philosophy as the petrol-powered Luna of its own alike previously. E-Luna is thin, light and designed for domestic utility. The fundamental principles governing the market position such as affordability, reliability and performance are the same for the e-Luna as for the OG Luna. The company has promised to pay Rs 2,500 as monthly expenses. 2,000 as EMI. Also, an additional Electricity costs of Rs 300 per month when purchased on a 36 month finance plan. Even with just a 50cc engine, the petrol-powered Luna can easily carry two adults. It was agile on the roads. Its speed was surprisingly good. And it could tackle slopes and highlands with ease. The ICE-based Luna was also widely used as a mule. Which had the capacity to lift heavy loads. Similar capabilities and USPs are expected from the e-Luna.
Kinetic E-Luna: Battery Features- Reliability and durability
With a price Rs. 70,000, the Kinetic e-Luna is an attractive proposition for the target demographic. The e-Luna will be primarily targeted at the B2B segment and urban middle classe, which is seeing greater adoption for electric vehicles, including two-wheelers and three-wheelers and four wheelers. The notable features of the e-Luna are 16-inch wheels and 170 mm ground clearance. It has a 2 kWh battery pack. The Kinetic e-Luna claims a range of 110 kilometers on a single charge which is impressive and With the top speed of 50 kmph. And it suits the urban commuting requirements. With numbers like these, the Kinetic e-Luna makes for an ideal urban vehicle. The peak torque is 22 Nm and ensures an eco-friendly ride. Charging time is promised to be 4 hours Which is not bad at all especially considering the price.Also, Batteries are both stationary and swap-ready for B2B applications.
Kinetic E-Luna: Exclusive Specifications
E-Luna will soon be launched by Kinetic Green Energy & Power Solutions Ltd, a subsidiary of KEEL. On its part, KEEL has already developed the chassis and key sub-assemblies like swing arm, side stand and main stand. The production capacity can be around 10,000 units per month. Later it will be increased based on demand. To manufacture the E-Luna, KEIL has set up a brand new assembly line at its Ahmednagar plant in Maharastra. This includes 30 welding machines wWhich will do most of the work on the chassis and subassemblies. KEIL has also upgraded its paint, press and fabrication shops. Which involves an investment of more than Rs 3 crore. Manufacturing of parts for e-Luna is expected to contribute Rs 30 crore annually to KL’s revenue over the next 3-4 years.