Kinetic Green Energy unveils a limited edition Safar Smart passenger vehicle, now with improved storage features and nominal pricing, alongside festive offers and flexible financing options to enhance electric vehicle adoption in India.
Kinetic Green Energy and Power Solutions Limited, a manufacturer of electric two-wheelers and three-wheelers in India, is excited to introduce a limited edition of its Safar Smart passenger vehicle, now available in both lead acid and lithium battery options. This model is tailor-made for customers who need a vehicle that serves dual purposes, offering ample room for both passengers and cargo. The vehicle comes equipped with a hard top roof and an integrated carrier for secure storage of goods on top, enhancing passenger comfort. It also boasts a new music system, floor mats, and stylish wheel caps, all available at a nominal price of just ₹5,000 above the standard model.
In anticipation of the festive season, Kinetic Green is rolling out special offers across its entire range of electric three-wheelers, merging cost-effectiveness with advanced features to provide unparalleled value. These vehicles, including the special edition models, are coupled with attractive financing solutions from premier partners, simplifying ownership. Interested buyers can take advantage of these offers starting from the first day of Navratri at any dealership.
In collaboration with two prominent financiers, Cholamandalam Finance and ReVfin Finance, Kinetic Green is offering enticing financing options to make it easier for customers to acquire their preferred electric three-wheeler. For example, the Kinetic Green Passenger Safar Smart Lead Acid e3W is now available with a down payment of just ₹29,000 and EMIs beginning at ₹8,200. The lithium battery variant is similarly accessible, requiring a down payment of ₹32,000 with EMIs starting at ₹8,500. Additionally, customers have the choice of opting for either a one-year warranty and an 18-month loan term for the lead acid model or a three-year warranty and a three-year loan period for the lithium version, depending on their specific needs and usage habits. These efforts are designed to make owning an electric three-wheeler more feasible and to enhance the consumer purchasing experience.
Mr Debashish Mitra, President of Kinetic Green’s 3 Wheeler Business, discussed the new initiatives aimed at improving electric vehicle adoption. He explained that these efforts would enhance the availability of electric vehicles through appealing financing options and various battery choices for Kinetic Green electric three-wheelers. These initiatives are designed to ease the shift towards sustainable mobility. By improving both the accessibility and features of their vehicles, they hope to encourage a wider portion of the community to choose sustainable transport options, thereby aiding in reducing carbon emissions in India’s last-mile connectivity.
As part of its ambitious growth plan, the three-wheeler division of Kinetic Green aims to double its dealership network from 200 in 2024 to 400 by the end of 2025. The company also targets robust revenue growth in the three-wheeler segment, aiming for ₹250 to ₹300 crore in the 2024-25 fiscal year, which will significantly strengthen its market position and drive business expansion.