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Kinetic Green Launches Limited Edition Safar Smart Electric Three-Wheeler With Attractive Financing Offers
In a recent move to broaden its market presence and drive business growth, Kinetic Green Energy and Power Solutions Limited, a leading manufacturer of electric two-wheelers and three-wheelers in India, has outlined ambitious plans for its three-wheeler division.
The company aims to double its dealership network, from 200 in 2024 to 400 by the end of 2025. Additionally, it has set a target revenue of ₹250 to ₹300 crore in the three-wheeler segment for the financial year 2024-25, underpinning its commitment to expanding its footprint and enhancing its offerings in the electric vehicle (EV) market.
At the forefront of its newly introduced initiatives, the company has unveiled a limited edition of the Safar Smart passenger vehicle, available with both lead acid and lithium battery options. This model is designed to cater to customers seeking versatility, offering ample space for both passengers and cargo.
It distinguishes itself with features such as a hard top roof equipped with a carrier for secure storage, a new music system, floor mats, and stylish wheel caps, all available at just ₹5,000 more than the standard model. This launch is part of Kinetic Green's broader effort to enrich its product portfolio with more functional and aesthetically pleasing options.
Attractive Financing Options and Special Deals
In anticipation of the festive season, Kinetic Green is offering enticing deals across its entire range of electric three-wheelers. These special offers are designed to combine affordability with enhanced features, providing exceptional value to customers. To facilitate easy ownership, the company has partnered with Cholamandalam Finance and ReVfin Finance to present attractive financing packages.
For example, the Passenger Safar Smart Lead Acid e3W can now be purchased with a down payment of just ₹29,000, and EMIs starting at ₹8,200. The Lithium Battery variant is also available, requiring a down payment of ₹32,000 with EMIs from ₹8,500.
Customers have the option to choose between a one-year warranty and an 18 months loan term for the lead acid model, or a three-year warranty and a three-year loan period for the lithium model, catering to diverse preferences and usage patterns.
Expanding Access to Electric Vehicles
Mr. Debashish Mitra, President of Kinetic Green's 3 Wheeler Business, shared his enthusiasm for the company's latest initiatives, stating, "This is an exciting opportunity as we aim to make electric vehicles more accessible by offering attractive financing and choice of batteries for their Kinetic Green electric three-wheelers. These options will enable people to switch to sustainable mobility with ease."
He added, "By making electric vehicles more accessible and feature-loaded, we hope to encourage a larger segment of the population to embrace sustainable transportation solutions and decarbonize last mile connectivity in India."
The company's initiatives, from launching a versatile electric three-wheeler to offering competitive financing options and setting ambitious growth targets, reflect a strategic approach to solidify its standing in the electric vehicle sector.
By making electric mobility more attainable and appealing, Kinetic Green Energy and Power Solutions Limited is poised to play a pivotal role in transforming India's transportation landscape towards sustainability.
Through these efforts, the company not only aims to expand its market share but also contribute significantly to the reduction of carbon emissions in urban environments, aligning with broader environmental objectives.
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