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On Monday, the company entered the high-speed e-two-wheeler segment with the Zulu e-scooter priced at Rs 94,990. Kinetic also plans to bring back its once-popular Luna brand in an electrified avatar next year.
Sulajja Firodia Motwani's comments come at a time when the Centre has cut subsidies on electric two-wheelers in the second edition of its flagship Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. The government is also considering the need for a third edition of the programme with demand incentives for buying EVs under FAME II set to end this financial year.
Companies aiming for equitable and sustainable business growth should not try to game the rules on remuneration. The country’s cap on what publicly held businesses can pay should not be violated.
THE Bulawayo City Council (BCC) is locked in a fraud allegation with a local war veteran, Jackson Barnabas Sibanda emanating from an error of omission involving...
Kinetic Engineering: The component maker is on a turnaround journey and looks to strike collaborations for developing design capabilities, and for EV technologies. Both are crucial for the company’s financial improvement and sustainable growth.