The Kinetic Group plans to launch the electric version of its once-popular Luna.
Kinetic Green Energy & Power Solutions will launch the ‘E-Luna’ soon.
The group has commenced the initial stages of production.
The company has developed all major subassemblies such as the main chassis, main stand, and side stand for E-Luna.
The initial production capacity would be 5,000 sets per month.
Kinetic Group expects the business to bring more than Rs 30 cr annually in the next two-three years.
Kinetic launched Luna 50 years ago at a price of Rs 2,000.
It went on to become the most efficient, affordable, and convenient transportation solution in India.
At its peak, it held a 95 per cent market share.
