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The bullet is still powerful and the demand for Royal Enfield Motorcycles in always on the rise. But the strange thing is the insufficient supply against the demand. Royal Enfield’s monthly sale volume is 4500 bikes but the orders are somewhat more than 50% of this. The company’s CEO told that the company has been …
Continue reading “Colors combined to excel- Enfield and Kinetic join hands”
Mahindra Kinetic will make its mark into the two-wheeler market with its two improved products. This foray is set after M&M bought Kinetic six months back. The out setting of its two-wheeler business with the upgrades of presently available gearless scooters of Kinetic, the Flyte and Nova will be made by the utility vehicle market …
Continue reading “Mahindra Kinetic to launch new flyte and Nova”
Mahindra and Mahindra today formally entered into the 7million Indian two wheeler market with the acquisition of Kinetic Motors.A new company called Mahindra Kinetic is formed in which will have control of 80% stake in the new company and 20% would be held by Kinetic Motors. Mahindra & Mahindra have acquires the majority stake for …
Continue reading “Mahindra and Mahindra acquires Kinetic Motors”
Mahindra and Mahindra would formally announce about its new joint venture with Kinetic motors. The JV called ‘Mahindra – Kinetic’ will manufacture two wheelers. Mahindra would hold an 80 percent stake in the new firm, with Kinetic holding the rest. More details are awaited
Accordintg to Economic Times, Mahindra and Mahindra has signed a term sheet with Kinetic Motors in its bid to acquire a majority stake in the company. A term sheet is a non-binding agreement setting forth the basic terms and conditions under which an investment is to be made in a company. Mahindra is looking to …
Mahindra and Mahindra which has been mulling its entry into two wheeler market seems finally finds a way to foray into the market. CNBC TV18 reports Kinetic the maker of flyte and blaze may sell stakes to Mahindra and Mahindra. Kinetic is in the process of raising Rs120crores. M&M and Kinetic’s taiwan partner SYM may …
Kinetic plans to roll out three new electric scooter segment in this year. Kinetic has developed e-scooter models in the and the products will hit market in February. “It complements with our current range of scooters. With the induction of these models we will have the widest range of scooters from petrol to electric,” the …
Kinetic Motor Company (KMC) will enter the electric scooter segment in early next year, for which the company, has been conducting R&D (research and development) since a year and a half. Kinetic which recently launched the flyte 125cc want to reposition the 72cc Kine scooterette to avoid any cannibalization of its product. Kinetic is going …
Kinetic 4S CNG / LPG: Kinetic which recently launched the 125cc Flyte seems to have a greener plan for its future offerings . Kinetic will launch a CNG or LPG version of Kinetic 4S (if launched first CNG or LPG scooter in India). Kinetic will be launching the CNG or LPG 4S by the end …
Continue reading “Kinetic to launch CNG/LPG 4S and electric scooters”
Choosing a scooter is really a tough task, this becomes even tougher when you are given two new items. Suzuki has unveiled its access and Kinetic has unveiled its flyte in the new 125cc segment. Also, is it for the sake of 125cc whether you have to wither your love to the scooty, activa and …