Kinetic Watts & Volts Partners with Hero FinCorp, Bajaj Finserv for Electric Scooter Financing

Kinetic Watts & Volts Ltd., the electric mobility division of the Kinetic Group, has announced retail financing arrangements with three financial services providers to support sales of its DX electric scooter range. The Pune-based firm announced partnerships with Hero FinCorp Ltd., Bajaj Finserv Ltd., and fintech platform CleverPe on Sunday. The arrangements will provide customers with traditional instalment-based lending as well as digital payment options at authorised dealerships across India.

The financing options are being rolled out as Kinetic Watts & Volts expands its market presence in a phased manner. The company positions the financing partnerships as essential infrastructure to support its broader expansion strategy.

"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," Ajinkya Firodia, Vice Chairman & Managing Director, Kinetic Watts & Volts Ltd., said in a statement.

The financing ecosystem combines the scale and reach of established financial institutions with CleverPe's digital-first approach. Customers can access tailored finance options directly at Kinetic EV showrooms, with the company citing reduced upfront costs and simplified documentation as key benefits.

The Kinetic DX range represents an electric reimagining of one of India's established scooter brands. The vehicles feature Range-X LFP battery architecture and are designed for daily urban use whilst maintaining design elements from the original Kinetic scooters.