Vijayawada, October 02, 2021: Kinetic Green Energy has come forward with a proposal to set up electric two-wheeler/ three-wheeler plants, advanced technology battery manufacturing and battery swapping stations in Andhra Pradesh, with an estimated investment of Rs 1,750 crore according to the reports published in greatandhra.com.
Kinetic Green Energy & Power Solution Ltd founder and CEO Sulajja Firodia Motwani, along with co-founder Rithesh Mantri called on Chief Minister YS Jagan Mohan Reddy on Friday.
They expressed interest in establishing a branded premium electric vehicles manufacturing unit in Vishakapatnam. The company also proposes to set up a skill development and research centre in the state, government officials stated.
Kinetic Green Energy has already established an EV manufacturing unit with a production capacity of 6,000 vehicles in Ahmednagar, Maharashtra.
