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Kinetic Engineering Limited

Kinetic Engineering Limited is an Indian automotive manufacturer. The company was founded in the year 1972 by H. K. Firodia. Today it is an automotive component manufacturer which formerly sold two-wheelers under the brand names Kinetic Honda and later Kinetic Motors. It introduced the Kinetic Luna moped which sold well domestically and was exported extensively to Argentina, Brazil, Sri Lanka, and the United States.

Kinetic Engineering Limited
IndustryAutomotive
Founded1972 (1972)
FounderH. K. Firodia
Headquarters,
India
Key people
Arun Firodia (chairperson)
Sulajja Firodia Motwani (vice-chair)
ProductsKinetic Luna
ParentFirodia Group
SubsidiariesKinetic Honda
Websitekineticindia.com

Later Kinetic Engineering formed a joint venture with Honda Motor Company to introduce Kinetic Honda scooters, which had electric start and gearless transmissions. Kinetic and Honda parted ways in 1998 when the Firodias bought the majority stake of the joint venture from Honda. In 2008, Kinetic entered into a joint venture with Mahindra Automobiles, where Mahindra held an 80% stake.[1] By this joint venture, Mahindra acquired the two-wheeler manufacturing facilities as well as the then selling brands of Kinetic.

After ceasing two-wheeler manufacturing, Kinetic Engineering produces and exports automotive components. Kinetic Motors resumed operations in January 2011 and has announced plans to produce electric vehicles under the newly launched Kinetic Green Brand. A new version of the Luna called the E-LUNA launched in February 2024.[2] The prebookings were open from on 26 Jan 2024 .[3][4][1]

In February 2014, Kinetic sold its stake in Mahindra Two-Wheelers to Samena Capital for 182 crore rupees.[5]

In 2015 MV Agusta entered a partnership with Kinetic Group for its Indian debut.[citation needed]

See also edit

Notes edit

  1. ^ International Business Times, 31 July 2008, "Mahindra & Mahindra buys Kinetic Motor for Rs.110 crore, forays into two-wheeler market" by Surojit Chatterjee.
  2. ^ Desk, MotorLane's (7 February 2024). "New Kinetic Luna Electric launched Starting At Rs. 69,990/- MotorLane - Worlds No.1 Automotive Website". Retrieved 8 February 2024.
  3. ^ www.bikedekho.com https://www.bikedekho.com/kinetic/luna-electric?amp=1. Retrieved 27 January 2024. {{cite web}}: Missing or empty |title= (help)
  4. ^ "Kinetic E-Luna features revealed: Check its price and specifications". The Economic Times. Retrieved 27 January 2024.
  5. ^ "Kinetic Engineering sells its Stake in Mahindra for 182 Crores". IANS. news.biharprabha.com. Retrieved 25 February 2014.

External links edit

  • Official website  

kinetic, engineering, limited, indian, automotive, manufacturer, company, founded, year, 1972, firodia, today, automotive, component, manufacturer, which, formerly, sold, wheelers, under, brand, names, kinetic, honda, later, kinetic, motors, introduced, kineti. Kinetic Engineering Limited is an Indian automotive manufacturer The company was founded in the year 1972 by H K Firodia Today it is an automotive component manufacturer which formerly sold two wheelers under the brand names Kinetic Honda and later Kinetic Motors It introduced the Kinetic Luna moped which sold well domestically and was exported extensively to Argentina Brazil Sri Lanka and the United States Kinetic Engineering LimitedIndustryAutomotiveFounded1972 1972 FounderH K FirodiaHeadquartersPune IndiaKey peopleArun Firodia chairperson Sulajja Firodia Motwani vice chair ProductsKinetic LunaParentFirodia GroupSubsidiariesKinetic HondaWebsitekineticindia wbr com Later Kinetic Engineering formed a joint venture with Honda Motor Company to introduce Kinetic Honda scooters which had electric start and gearless transmissions Kinetic and Honda parted ways in 1998 when the Firodias bought the majority stake of the joint venture from Honda In 2008 Kinetic entered into a joint venture with Mahindra Automobiles where Mahindra held an 80 stake 1 By this joint venture Mahindra acquired the two wheeler manufacturing facilities as well as the then selling brands of Kinetic After ceasing two wheeler manufacturing Kinetic Engineering produces and exports automotive components Kinetic Motors resumed operations in January 2011 and has announced plans to produce electric vehicles under the newly launched Kinetic Green Brand A new version of the Luna called the E LUNA launched in February 2024 2 The prebookings were open from on 26 Jan 2024 3 4 1 In February 2014 Kinetic sold its stake in Mahindra Two Wheelers to Samena Capital for 182 crore rupees 5 In 2015 MV Agusta entered a partnership with Kinetic Group for its Indian debut citation needed See also editH K Firodia AwardsNotes edit International Business Times 31 July 2008 Mahindra amp Mahindra buys Kinetic Motor for Rs 110 crore forays into two wheeler market by Surojit Chatterjee Desk MotorLane s 7 February 2024 New Kinetic Luna Electric launched Starting At Rs 69 990 MotorLane Worlds No 1 Automotive Website Retrieved 8 February 2024 www bikedekho com https www bikedekho com kinetic luna electric amp 1 Retrieved 27 January 2024 a href Template Cite web html title Template Cite web cite web a Missing or empty title help Kinetic E Luna features revealed Check its price and specifications The Economic Times Retrieved 27 January 2024 Kinetic Engineering sells its Stake in Mahindra for 182 Crores IANS news biharprabha com Retrieved 25 February 2014 External links editOfficial website nbsp Retrieved from https en wikipedia org w index php title Kinetic Engineering Limited amp oldid 1220649766, wikipedia, wiki, book, books, library,

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