- Kinetic Green Energy and Power Solutions
- Tonino Lamborghini
- Kinetic Green
- Dr Sulajja Firodia Motwani
- Ferruccio Lamborghini
Kinetic Green, Tonino Lamborghini Unveil Electric Carts For Global Market, Target $300M Revenue In 5 Years
- By MT Bureau
- July 17, 2025
Pune-based electric vehicle manufacturer Kinetic Green Energy and Power Solutions, along with its global partner Italy's Tonino Lamborghini, officially launched their range of luxury electric golf and lifestyle carts.
This global unveiling marked Kinetic Green's entry into the bespoke electric four-wheeler market segment, which is part of its ambitious future strategy. The joint venture has set ambitious financial targets, aiming for an annual revenue goal of USD 300 million within the next five years. This aggressive growth plan underscores the company's confidence in disrupting the estimated USD 5 billion global electric golf and lifestyle cart market.
The partners stated that the new Tonino Lamborghini golf and lifestyle carts represent a unique synergy of sophisticated Italian design and robust Indian engineering. These advanced electric vehicles, conceived in Italy, will be manufactured in India and marketed globally under the prestigious Tonino Lamborghini brand, featuring the iconic red shield with the Bull emblem.
The carts will be available in two-seater, four-seater, six-seater and eight-seater configurations to meet a diverse range of applications, including championship golf courses, luxury resorts and hotels, private estates, gated communities, airports, corporate campuses, large recreational and industrial facilities.
The partners have introduced two distinct series:
- The Genesis Range: A tribute to the brand's origins, featuring chic Italian design.
- The Prestige Range: An ultra-premium, futuristic offering representing a legacy for the future.
Dr. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green said, "For a long, the golf cart segment has awaited a true disruptor – an extraordinary offering that transcends the mundane. Over the years, the use of golf carts has extended well beyond golf to luxury resorts, world-class airports, sprawling townships and corporate campuses and to personal use. But the design and specifications of popular golf carts has remained much the same, and this is where we see a large global market ready for disruption! Our JV will leverage the long legacy of the Kinetic Group in automotive engineering, Kinetic Green’s pioneering expertise in design and manufacture of electric vehicles and the experience of our partner, Tonino Lamborghini’s global experience in redefining design and lifestyle experiences and to top it all, marketing our products globally using the famous red shield with the iconic Bull. This fusion of our robust Indian engineering and EV capabilities with Tonino Lamborghini’s unparalleled design prowess and global luxury vision is not just a partnership; it is a confident declaration. We are poised to create a disruption in this segment and work towards seizing leadership, globally, bringing a confident, and ambitious new benchmark to markets that are ripe for revolution. For Kinetic Green, this marks the beginning of our global journey, bringing Made in India EVs to the World. Kinetic Green’s aim is to build a USD 1 billion EV business by 2030 and this JV will play a key part in our global ambitions.”
Ferruccio Lamborghini, Vice-President, Tonino Lamborghini, said, "This collaboration with Kinetic Green marks an exciting new chapter in the history of the brand founded by my father over 45 years ago. Together, we have created a project that combines the best of two worlds: the elegance and identity of Italian design with the strength, efficiency, and innovation of Indian manufacturing. This is more than an industrial joint venture – it is a bridge between two entrepreneurial cultures, united by a shared vision of the future. At Tonino Lamborghini, we believe in redefining everyday experiences into expressions of style, performance, and unmistakable identity. Our brand philosophy is deeply rooted in my family’s heritage yet constantly driven by innovation and a passion for excellence. With these golf and lifestyle carts, we are bringing that philosophy to life in a new segment – delivering not just vehicles, but a bold statement of lifestyle in motion. We chose India not only as a strategic production base, but also as a symbol of openness, growth, and global ambition. With Kinetic Green, we share fundamental values: a deep focus on the customer, continuous innovation, and meticulous attention to detail. The result is a product range that reflects the very soul of our brand – powered by cutting-edge technology and destined for discerning customers around the world. The Tonino Lamborghini Golf Carts embody our vision of electric lifestyle mobility: elegant, high-performing, and purpose-driven. We are proud to launch this journey in such a dynamic market as India, confident that it will carry our style and passion for excellence to every corner of the world."
The Tonino Lamborghini golf carts technical specifications feature a tailored MacPherson suspension for a smooth ride and advanced four-wheel hydraulic brakes for secure stopping. Power comes from a robust 45 Nm of torque and 30 percent gradeability, allowing for effortless navigation across various terrains. An advanced, maintenance-free li-ion battery with a 10-year life provides a claimed range of up to 150km on a single charge, supported by a wireless battery charging system and an on-board charger, all backed by a 5-year warranty. For enhanced usability, the carts include Universal Drive for both left and right-hand configurations, a Smart TFT Dashboard and safety features like Hill Hold and Electronic Parking Brakes. Convenience is key with wireless mobile charging, LED headlights, extended smart storage, a golf bag holder, a caddie stand and a foldable windshield.
At present, the partners state that they holds a commanding 40.3 percent market share in North America, with Europe and Asia-Pacific also showing substantial growth. Kinetic Green Tonino Lamborghini has ambitious global expansion plans. The initial phase will focus on Asia, specifically India and the UAE, before rapidly expanding into Europe, the USA and other key markets.
The joint venture aims to be present in 30 countries within the next five years, representing 80 percent of the global golf cart market.
Manufacturing of these e-carts has commenced at Kinetic Green's integrated facility near Pune, India, with the Nhava Sheva port near Mumbai designated for export operations. The company has already appointed distributors in India, various markets in the UAE (including Dubai, Abu Dhabi and Saudi Arabia) and the Maldives. Distribution partners in New Zealand, Sri Lanka, Thailand and Indonesia are expected to be finalised soon. Following this initial phase, Kinetic Green Tonino Lamborghini will expand its operations to the rest of Asia, Europe and the USA.
Kinetic Watts And Volts Partners IDFC FIRST Bank For Retail Financing
- By MT Bureau
- October 06, 2026
Pune-headquartered electric vehicle company Kinetic Watts and Volts, a subsidiary of Kinetic Engineering, has entered into a retail financing partnership with IDFC FIRST Bank to provide credit options across its dealership network.
The arrangement enables customers at Kinetic EV dealerships to access loan options, interest rates and instalment plans, subject to eligibility criteria. Ground teams from IDFC FIRST Bank will collaborate directly with dealership staff to process applications at the point of sale. The initiative coincides with the expansion of Kinetic EV’s retail footprint, which currently comprises over 65 operational sales, service and spare parts facilities in India.
Ajinkya Firodia, MD, Kinetic Watts and Volts, said, "For many customers, choosing an electric two-wheeler is not just about selecting the right product, but also about finding a purchase option that works for them. Our partnership with IDFC FIRST Bank gives customers greater choice at the point of purchase and strengthens the support available across our dealership network. With quick financing options, attractive EMI plans and exciting offers for eligible customers, we want to make the overall purchase journey simpler and more convenient. As we continue to expand our presence across markets, we look forward to making the journey towards electric mobility more accessible for more customers."
The tie-up leverages the bank's branch and operational network to support dealership sales in multiple regional markets. The companies are also developing customer schemes and promotional offers that will be announced at a later date.
TVS Motor Delivers Over 100 iQube MillionR Special Edition In Cuttack
- By MT Bureau
- October 05, 2026
Chennai-headquartered two-wheeler and three-wheeler company TVS Motor Company conducted a single-day delivery event in Cuttack, Odisha, handing over more than 100 units of the TVS iQube MillionR Special Edition electric scooter to customers.
The MillionR Special Edition was launched on 25 August 2026 to mark the cumulative sales milestone of one million TVS iQube scooters. Based on the 3.5 kWh battery variant, the edition features an Aurora Green Dual Tone paint finish, custom seat upholstery and specific graphics alongside MillionR badging.
The e-scooter features a front utility storage compartment that expands overall storage capacity from 32 litres to 35.5 litres, an integrated USB Type-C charging port and over 118 connected features. The 3.5 kWh battery setup provides an Indian Driving Cycle (IDC) range of 145 km on a single charge.
In Odisha, the TVS iQube MillionR Special Edition is priced at INR 131,138 (effective ex-showroom). The standard TVS iQube range starts at INR 105,851 (effective ex-showroom), with Battery-as-a-Service (BaaS) option pricing starting at INR 59,999.
More Retail Inducts Montra Electric Eviator For Mid-Mile Logistics
- By MT Bureau
- October 01, 2026
More Retail, a leading supermarket and hypermarket chain, has expanded its electric mid-mile logistics operations through the deployment of 110 Montra Electric Eviator electric small commercial vehicles across its distribution network, including 25 units in Bengaluru.
The company shared that electric commercial vehicles now account for 150 of its 600 total mid-mile logistics fleet. The 110 Montra Electric Eviator units operate across daily store replenishment and delivery routes, covering a combined minimum distance of 22,000 kilometres per day. The transition from internal combustion engine vehicles aims to lower operational energy expenses and vehicle maintenance requirements while providing driver ergonomics for city traffic conditions.
Saju Nair, CEO of the e-SCV Division, Montra Electric, said, "Electrification of commercial mobility will accelerate when it delivers measurable business value at scale. More Retail’s journey towards 100 percent electrification with our Eviator, is a strong example of that shift, from evaluating EVs as an alternative to deploying them as a core part of everyday logistics. As More Retail moves towards a fully electric mid-mile fleet, our focus is to enable that transition with vehicles and an ecosystem built around uptime, efficiency and long-term profitability."
Prasanna Hegde, National Transport Manager, More Retail, said, "Our mid-mile fleet keeps our stores stocked every day, so reliability comes first for us. The move from ICE vehicles to Montra Electric's Eviator e-SCVs has been smooth across our distribution network. The vehicles have already covered over 8.8 lakh kilometres on our routes, and our drivers have responded well to their comfort, instant torque and day-to-day dependability. Alongside lower operating costs, we are cutting emissions with every delivery run. With 150 of our 600 mid-mile vehicles now electric, we are well on our way to a fully electric fleet, and Montra Electric has been a trusted partner at every step."
The Montra Electric Eviator features a 10.3-foot loading deck and a payload capacity of up to 1,707 kg. The vehicles are integrated with telematics systems that monitor battery status, driver metrics, and route planning data to maintain fleet uptime between distribution centres and retail outlets.
- LG Energy Solution
- indiGOtech
- 46-series NCM cylindrical battery cell
- Flow Ride
- Flow Cargo
- Will Graylin
- Sunghwan Oh
LG Energy Solution Inks MoU With indiGOtech To Explore EV Battery Supply & Tech
- By MT Bureau
- October 01, 2026
South Korean energy major LG Energy Solution has signed a non-binding memorandum of understanding (MoU) with United States-based commercial electric vehicle startup indiGOtech to explore battery supply and technological collaboration.
Under the MoU, the companies will work toward a final agreement for LG Energy Solution to supply 46-series NCM cylindrical battery cells from 2027 to 2030 for indiGOtech’s Flow Ride and Flow Cargo vehicles.
The partnership involves vehicle-battery integration, performance verification, driving range extension, and charging time reduction. The agreement expands LG Energy Solution's client base for its 46-series cylindrical batteries, following a reported 1.5-fold YoY increase in cylindrical battery shipments in the second quarter.
Headquartered in Woburn, Massachusetts, indiGOtech specialises in commercial van platforms for the North American market, integrating vehicles, charging infrastructure and digital services.
Will Graylin, Chairman and CEO, indiGOtech, said, "Urban ride hail and delivery must electrify and automate at scale, but today’s electric vehicles are not designed for purpose, and are severely limited by the local charging infrastructure – that’s why vast majority of rides and deliveries are still driven by gas vehicles. Working toward a long-term relationship with LG Energy Solution brings together advanced battery technology for durable economic advantage for vehicles, drivers and fleet operators."
Sunghwan Oh, Mobility & IT Battery Marketing Group Leader, LG Energy Solution, said, "Based on LG Energy Solution’s 46-series NCM cylindrical battery technology that boasts high energy density and rapid charging capabilities, we will closely collaborate with indiGOtech, which is successfully building the Transportation-as-a-Service (TaaS) ecosystem in the U.S. Leveraging this partnership, we plan to enter the diverse commercial vehicle market in the U.S., including logistics, last-mile delivery, and ride-hailing."

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