Kinetic Watts & Volts Ltd., the electric mobility arm of the well-known Kinetic Group, has moved a step further in strengthening its retail presence by building a comprehensive finance ecosystem for its electric scooters. With fresh partnerships now in place with Hero FinCorp Ltd, Bajaj Finserv Ltd, and the digital payments platform CleverPe, the company is making ownership of the Kinetic DX and DX+ models noticeably easier.
The idea here is fairly straightforward, but important. By combining conventional EMI based loans with newer, technology driven payment solutions, Kinetic is trying to meet customers where they already are. All of these finance options are available directly at authorised dealerships, which means buyers do not have to juggle multiple touchpoints just to get a scooter home. This approach also supports Kinetic’s phased rollout strategy, ensuring that customers in metro cities as well as Tier 2 and Tier 3 markets have access to affordable and reliable credit as they switch to electric mobility.
Key Takeaways
- Flexible Financing: Buyers can opt for standard bank style EMIs or choose digital, Buy Now Pay Later type solutions depending on what suits them better.
- National Reach: Tie ups with Hero FinCorp and Bajaj Finserv bring credit availability across urban centres and deeper rural markets.
- Seamless Process: Finance integration at the showroom level helps speed up approvals and cuts down on paperwork.
- Product Range: All finance options apply to the Kinetic DX and DX+, both built around the safety focused Range-X LFP battery platform.
- Strategic Growth: The move supports a region by region expansion strategy that prioritises service quality and charging infrastructure.
Making Electric Scooters More Affordable
As electric vehicles become more common in India, financing has quietly turned into one of the biggest deciding factors for buyers. Kinetic Watts & Volts seems to recognise this reality quite clearly. By creating a layered finance setup, the company is addressing different customer mindsets at once.
On one hand, established players like Hero FinCorp and Bajaj Finserv bring scale, trust, and familiarity, especially for customers who prefer traditional long term EMI plans. On the other hand, CleverPe adds a quicker, digital first option that may appeal more to younger or tech comfortable buyers. Lowering the upfront cost, even slightly, often changes the conversation entirely, and that is where Kinetic is positioning the DX range as a sensible alternative to petrol scooters.
Reviving a Legend with Modern Tech
The Kinetic DX badge carries a lot of nostalgia for Indian riders. Back in the 1990s, it was known for its gearless design and self-start convenience, something that felt genuinely liberating at the time. The electric DX and DX+ attempt to carry that same spirit forward, though the technology underneath is obviously very different now.
Both scooters run on a 2.5 kWh LFP (Lithium Iron Phosphate) battery, a chemistry widely considered suitable for Indian conditions due to its thermal stability. On paper, they offer a certified range of 116 km on a single charge and can reach a top speed of 90 km/h when switched to Turbo mode.
Power comes from a 4.8 kW BLDC hub motor, paired with a solid metal body that stays true to Kinetic’s old school durability. Features like an 8.8 inch digital display, Bluetooth connectivity, and 37 litres of under-seat storage add a modern, family friendly touch. With financing now available right at the point of sale, these specifications feel less aspirational and more attainable, which perhaps is the point.
Leadership Perspective on Market Expansion
Sharing his thoughts on the development, Mr. Ajinkya Firodia, Vice Chairman and Managing Director of Kinetic Watts & Volts, highlighted that trusted financing plays a central role in driving mass adoption of electric vehicles. He pointed out that these partnerships reflect the confidence financial institutions have in Kinetic’s products and long term direction.
The company, he explained, is following a careful expansion plan, opening dealerships and service centres one region at a time. This measured pace is meant to ensure that after-sales support and service quality remain consistent, rather than stretched too thin too quickly.
Frequently Asked Questions
Q1: Which electric scooters are eligible for these finance schemes?
A1: The financing options apply to the full Kinetic electric scooter lineup, specifically the Kinetic DX and the higher specification Kinetic DX+.
Q2: Do I need to visit a bank to apply for these loans?
A2: No. All financing services are integrated into authorised Kinetic showrooms. Customers can complete documentation and receive approvals from Hero FinCorp, Bajaj Finserv, or CleverPe directly at the dealership.
Q3: What is the difference between the DX and DX+ models?
A3: The DX+ usually includes additional features such as a longer seat, enhanced telematics, and select visual upgrades. Both models, however, share the same 116 km certified range and LFP battery technology.
Q4: Are these finance options available in rural areas?
A4: Yes. Through partnerships with Hero FinCorp and Bajaj Finserv, Kinetic can tap into extensive networks that reach rural and semi-urban regions across India.
Q5: What is the Range-X LFP battery architecture?
A5: It refers to a battery system designed with safety and durability in mind. LFP batteries are less prone to overheating and typically support thousands of charge cycles, which can translate into better long term value for owners.
