Kinetic Watts & Volts Ltd., the electric mobility division of the iconic Kinetic Group, has taken a significant step to boost adoption of its Kinetic DX electric scooter range by forging strategic retail financing partnerships with three prominent financial services providers: Hero FinCorp Ltd., Bajaj Finserv Ltd., and the fintech platform CleverPe.Announced on Sunday (January 18, 2026), these collaborations aim to make ownership of the modern electric avatars of the legendary Kinetic DX scooter more accessible and affordable for customers across India. The Pune-based company emphasized that convenient and trusted financing is crucial for accelerating electric mobility adoption in the country, especially as it expands its dealership network and market presence in a phased manner.The partnerships create a comprehensive retail finance ecosystem, offering buyers a mix of traditional installment-based lending and innovative digital payment solutions directly at authorized Kinetic EV dealerships. This includes:
- EMI-based loans through Hero FinCorp and Bajaj Finserv, leveraging their extensive nationwide reach, established trust, and experience in two-wheeler financing (including EVs).
- Digital-first, tech-enabled options via CleverPe, focusing on speed, transparency, minimal documentation, and seamless online processes to cater to tech-savvy buyers.
Customers can now explore tailored finance packages right at showrooms, reducing upfront cost barriers and simplifying the purchase journey. These arrangements are designed to provide flexibility, choice, and confidence, aligning with Kinetic’s broader strategy of gradual market rollout while building credibility with leading financial institutions.
Commenting on the development, Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Watts & Volts Ltd., stated: “Access to convenient and trusted financing is fundamental to accelerating electric mobility adoption in India. By partnering with Hero FinCorp, Bajaj Finserv and CleverPe, we have built a comprehensive retail finance ecosystem that offers customers flexibility, choice and confidence. These collaborations support our strategy of opening markets one by one, while reinforcing the growing belief of leading financial institutions in Kinetic’s EV products and long-term vision.
“The Kinetic DX range revives the nostalgic appeal of the classic Kinetic Honda DX scooter from the 1980s and 1990s, reimagined as a reliable, family-oriented electric scooter. Launched in 2025 at an ex-showroom price starting around Rs 1.12 lakh, the DX features a modern design with retro-inspired elements, including familiar color options like Red, Blue, White, Black, and Silver.
Key highlights of the Kinetic DX include:
- A 2.6 kWh battery pack paired with a 4.8 kW electric motor.
- Claimed top speed of 90 kmph.
- Claimed range of 116 km on a single charge.
- An expansive 8.8-inch LCD instrument console with smartphone connectivity.
- Safety-focused Range-X LFP battery architecture for enhanced reliability and everyday usability.
Positioned in the competitive family electric scooter segment, the DX targets value-conscious buyers seeking practical daily transport. It competes with established players like the Bajaj Chetak, TVS iQube, Hero Vida V2, Ather Rizta, Ola S1 series, and others.
With these new financing tie-ups in place, Kinetic Watts & Volts aims to lower ownership hurdles, making the eco-friendly and feature-rich DX even more appealing amid India’s growing EV two-wheeler market. As the company continues its phased expansion, these partnerships serve as essential infrastructure to drive sales growth and customer confidence in sustainable mobility. Interested buyers can visit authorized Kinetic EV dealerships to explore the DX range and avail the new financing options.
