Iconic Kinetic Luna to make a COMEBACK as electric moped, launch SOON

By: Team Autobizz | EV News

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he Kinetic Group will be launching the electric version of its once popular moped Luna, according to a regulatory filing by Kinetic Engineering.

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The E-Luna will be launched shortly by sister company Kinetic Green Energy & Power Solutions, the company said on Monday.

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The E-Luna will be launched shortly by sister company Kinetic Green Energy & Power Solutions, the company said on Monday.

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Kinetic Engineering Ltd (KEL) has commenced production of chassis and other assemblies for the electric avatar of the Luna, it added.

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The company has developed all the major subassemblies for E-Luna, including the main chassis, main stand, side stand and swing arm and set up a dedicated production line with an initial capacity of 5,000 sets per month.

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"We expect this business to add over Rs 30 crore annually over the next 2-3 years as the volumes of the E-Luna increase. This will also help KEL to boost its presence in the EV segment," KEL Managing Director Ajinkya Firodia said.

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KEL said exactly 50 years ago, it had launched the Luna, then priced at Rs 2,000 "which made it the most efficient, affordable, convenient transportation solution to India".

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