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Kinetic Group Opens Advanced Battery Plant in Ahmednagar

Business |Investment

Kinetic Group has launched a ₹50 crore EV battery facility in Ahmednagar, producing ‘Range-X’ batteries for two- and three-wheelers. With a 60,000-unit annual capacity

Date: February 24, 2025

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Kinetic Group Opens Advanced Battery Plant in Ahmednagar

Ahmednagar- Kinetic Group., a manufacturer of automotive components for two-wheelers, three-wheelers, four-wheelers, and commercial vehicles, has commissioned its advanced battery manufacturing facility in Ahmednagar, Maharashtra. With an investment of ₹50 crore, the facility marks the Group’s formal entry into EV battery manufacturing, producing ‘Range-X’ high-performance batteries for two- and three-wheeler electric vehicles. This initiative supports India’s growing demand for sustainable energy solutions.

The plant has an annual capacity of 60,000 battery packs, strengthening Kinetic Group’s commitment to quality, innovation, and green transport. Under the leadership of Vice Chairman and Managing Director Ajinkya Firodia, the Group continues to drive progress in the evolving EV ecosystem, reinforcing its legacy in automotive innovation.

Kinetic Group remains dedicated to advancing electric mobility and contributing to a cleaner, greener future.

Mr. Ajinkya Firodia, said "This is an exciting chapter for us, as we move towards shaping the future of clean energy and electric mobility," said Ajinkya Firodia. "With the addition of our state-of-the-art battery manufacturing facility, Kinetic Group is better positioned to cater to the demands of the growing electric vehicle market, while ensuring that we uphold our values of quality, performance, and sustainability."

The new manufacturing facility is set to strengthen Kinetic Group’s position in the EV industry, fostering new opportunities for collaboration, research, and development. As part of India’s green energy transformation, the company remains dedicated to continuous innovation and the production of world-class sustainable solutions tailored to evolving customer needs.

Kinetic Group is focused on making a meaningful impact in the electric vehicle space—one that drives progress, supports sustainable development, and contributes to a cleaner, greener future. Stay tuned for more updates as we continue to lead in innovation and create value through cutting-edge technologies.

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