Kinetic Green Energy to Set up EV Units in AP

Amaravati: Kinetic Green Energy & Power Solution Ltd Founder and CEO Sulajja Firodia Motwani, along with co-founder Rithesh Mantri have called on Chief Minister YS Jagan Mohan Reddy at the camp office here on Friday. 

Kinetic Green Energy has come forward to set up Electric two-wheelers, three-wheelers, advanced technology battery manufacturing, battery swapping stations with an estimated cost of Rs 1,750 crore. It has expressed interest to setup branded premium electric vehicles manufacturing unit in Vishakapatnam. The Company will set up skill development and research centre. 

Kinetic Green Energy has already established an electric vehicles manufacturing unit with a production capacity of 6,000 vehicles in Ahmed Nagar near Pune. 

The Company delegation has discussed their plans with the Chief Minister. Municipal Administration and Urban Development Special Chief Secretary Y Srilakshmi, Industries director J Subramaniam and CMO officials were present in the meeting.