Kinetic Watts & Volts Builds Comprehensive Retail Finance Network to Boost EV Scooter Adoption

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Kinetic Watts & Volts Ltd., the electric mobility arm of the Kinetic Group, has announced the launch of a comprehensive retail finance ecosystem for its electric scooter portfolio, aimed at making EV ownership more accessible across India.

The company has partnered with Hero FinCorp Ltd., Bajaj Finserv Ltd., and fintech platform CleverPe to offer customers a wide spectrum of financing solutions. These range from conventional EMI-based loans to digital-first, technology-enabled payment options, available across Kinetic’s expanding network of authorised EV dealerships.

The initiative supports Kinetic Watts & Volts’ phased, market-by-market expansion strategy, where access to dependable retail finance is seen as a key driver of electric vehicle adoption. By combining the nationwide reach and credibility of established financial institutions with the speed and convenience of a digital-first fintech partner, the company aims to cater to diverse customer segments, including first-time EV buyers and digitally savvy urban consumers.

Under the new framework, customers can avail tailored finance options directly at Kinetic EV showrooms, enabling a seamless purchase experience with reduced upfront costs and simplified documentation.

Hero FinCorp and Bajaj Finserv bring scale, trust and extensive distribution capabilities to the partnership, while CleverPe adds a modern digital layer focused on faster approvals, transparency and customer convenience. Together, the collaborations are expected to strengthen Kinetic’s retail readiness as production, sales and vehicle registrations scale up across multiple regions.

Commenting on the development, Mr. Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Watts & Volts Ltd., said, “Access to convenient and trusted financing is fundamental to accelerating electric mobility adoption in India. By partnering with Hero FinCorp, Bajaj Finserv and CleverPe, we have built a comprehensive retail finance ecosystem that offers customers flexibility, choice and confidence. These collaborations support our strategy of opening markets one by one, while reinforcing the growing belief of leading financial institutions in Kinetic’s EV products and long-term vision.”

The Kinetic DX range marks the electric reimagining of one of India’s most iconic scooter brands. Powered by a Range-X LFP battery architecture, the DX+ and DX scooters are designed with a focus on safety, reliability and everyday usability, while retaining the nostalgic design DNA associated with the Kinetic brand.

With an expanding dealership footprint, strengthening after-sales infrastructure, and now a robust multi-partner financing network, Kinetic Watts & Volts is positioning itself as a strong contender in India’s fast-evolving electric two-wheeler market.

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