Kinetic Green, Tonino Lamborghini Unveil Electric Carts For Global Market, Target $300M Revenue In 5 Years

Kinetic Green - Tonino Lamborghini

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.

Chartered Speed Deploys Electric Buses For DCM Shriram Staff Transport

Chartered Speed

Chartered Speed has deployed 11 electric buses for staff transportation for DCM Shriram at Jhagadia GIDC, Bharuch. The service was inaugurated by Sanyam Gandhi, Whole-time Director at Chartered Speed and Aditya Shriram, Deputy Managing Director at DCM Shriram.

The deployment is part of an effort to shift employee mobility towards electrification. Chartered Speed operates a fleet of over 2,000 buses across six states, serving 350,000 passengers daily.

The electric buses are equipped with several technologies for fleet management and passenger safety. It comes with real-time GPS tracking and onboard Driver Monitoring Systems (DMS). CCTV cameras, fire protection systems and first-aid kits are installed in every vehicle.

The company currently provides school and staff transportation services to various clients, including GHCL Limited and Apple Global School.

Sanyam Gandhi, Whole-time Director, Chartered Speed, said, “With the recent deployment of electric buses, we are strengthening our commitment to reducing the carbon footprint of our operations and supporting the transition to greener transportation solutions. Our vision is of building a large, clean energy-powered fleet that aligns with global trends towards electrification in public transport. We remain focused on integrating technology in our services not only enhances operational efficiency but also fosters a culture of safety that we believe is essential for the future of transportation.”

Tata Motors.ev

Tata Motors, one of the leading passenger vehicle manufacturers in the country, has attained a new milestone in the Indian electric vehicle (EV) market, with cumulative sales of its TATA.ev range exceeding 250,000 units.

Since the launch of the Nexon.ev in 2020, the company has secured a 66 percent market share of all electric passenger vehicles sold in India to date. The Nexon.ev has become the first electric model in the country to surpass 100,000 cumulative sales.

At present, the company’s green vehicle offering includes the Tiago.ev, Punch.ev, Nexon.ev, Curvv.ev and Harrier.ev for personal use, alongside the XPRES-T EV for fleet operations.

To support its EV customers, Tata Motors has established an ecosystem, which includes access to over 200,000 charging points, including home, community and public chargers. A digital platform providing coverage for over 20,000 public chargers. Around 100 mega charging hubs operational across key corridors, offering speeds of more than 120kW. Approximately 1,500 dedicated EV service bays nationwide, staffed by over 5,000 technicians.

The automaker stated that every TATA.ev vehicle is manufactured with more than 50 percent local content. In collaboration with other Tata Group companies, the firm has localised the production of battery packs and battery management systems. The supply chain also includes domestic production of power electronics, wiring harnesses and thermal management systems.

Going forward, Tata Motors has outlined a robust growth strategy through to 2030:

  • Upcoming Launches: The Sierra.ev and a new Punch.ev are scheduled for release in CY26, followed by the Avinya luxury range at the end of 2026.
  • Portfolio Growth: Five new nameplates are planned by FY2030.
  • Infrastructure Targets: The company aims for 400,000 charge points by CY2027 and 1 million by 2030.
  • Battery Sourcing: Future models will use battery cells produced at the Agratas gigafactory in Sanand.

Shailesh Chandra, MD & CEO, Tata Motors Passenger Vehicles, said, “Crossing 250,000 EV sales reflects how electric mobility is fast becoming part of everyday Indian life. Our customers are driving more, travelling farther, and increasingly trusting EVs as their only cars. Our EV journey which began in 2018, was never about leading alone but about building the ecosystem to enable India’s transition to clean mobility. This progress is the outcome of the government’s forward-thinking policies, the steadfast support of our supplier partners and charging infrastructure providers and above all, the trust and enthusiasm of TATA.ev customers. As EV adoption accelerates, our commitment remains clear: to mainstream electric mobility by making it accessible across segments, strengthening the ecosystem, and investing in India-first technology and localization. This is how we will continue to lead India’s growing EV market.”

The company also intends to focus on the circular economy by reusing batteries for energy storage and providing battery health checks for second-hand owners.

Forsee Power To Supply ZEN LFP Battery Systems To Mexico's MegaFlux

Forsee Power

French-headquartered battery systems manufacturer Forsee Power has announced that MegaFlux, a Mexico-based powertrain integrator, has selected its ZEN LFP battery system for its heavy vehicle electric powertrains.

MegaFlux develops electric powertrains for trucks and buses, including retrofit solutions that convert diesel vehicles to electric. The company also provides charging infrastructure and energy management services.

The ZEN LFP product line uses lithium-ion LFP chemistry and is designed for buses, trucks and off-highway vehicles. The batteries are available in 36 kWh and 55 kWh formats, allowing for various voltage and energy combinations. The LFP battery has an energy density of 240 Wh/L. Being a modular system, upto to two modules can be stacked to optimise vehicle space. The battery has 6,000 charging lifecycle and is ISO 26262 ASIL-C and industry standards including R100-3 and R10.6 certified.

The use of LFP (Lithium Iron Phosphate) chemistry is intended to provide a lower Total Cost of Ownership (TCO) for operators due to its thermal stability and cycle life, factors that are relevant to the operating conditions in markets such as Mexico.

MegaFlux will integrate the ZEN LFP batteries into powertrains sold to original equipment manufacturers (OEMs) and into its vehicle conversion projects.

BYD Rolls Out 15 Millionth New Energy Vehicle As Global EV Sales Rise

BYD

Chinese automotive major BYD has celebrated the production of its 15 millionth new energy vehicle (NEV) at its Jinan Factory. The milestone vehicle is a Denza N8L, which also represents the 15,000th unit of this six-seat SUV model.

The company reported sales of 4.182 million units from January to November 2025, a YoY growth of 11.3 percent. Global markets contributed to this performance, with overseas sales reaching 917,000 units, surpassing the total volume recorded in 2024. BYD now operates in more than 119 countries and regions.

Technological innovation continues to drive the company's operations. In the first three quarters of 2025, R&D expenditure rose to CNY 43.75 billion, a 31 percent increase compared to the previous year. Total cumulative investment in research and development has now exceeded CNY 220 billion.

The Denza brand has entered markets in Singapore, Thailand and Malaysia. During the first half of the year, the Denza D9 became the top-selling luxury MPV in Indonesia, Thailand and Malaysia.

The brand has extended its presence into Europe and Latin America. This expansion is part of a strategy to increase the electrification of the global luxury automotive sector. Denza recently showcased the D9 at the São Paulo International Motor Show to support its growth in the region.