Kinetic Green secures $25M from Greater Pacific Capital for EV manufacturing and expansion.

Kinetic Green, an electric vehicle manufacturer, secured $25 million from Greater Pacific Capital, a global private equity firm, marking its first external equity raise. The investment will support growth in electric two- and three-wheeler production, global expansion, and research and development for new products. Kinetic Green aims to achieve a 30% EV penetration in India by 2030, driven by government policies supporting electric vehicles.

August 12, 2024
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