<p>The Kinetic Group will be launching the electric version of its once popular moped Luna, according to a regulatory filing by Kinetic Engineering.</p>.<p>The E-Luna will be launched shortly by sister company Kinetic Green Energy & Power Solutions, the company said on Monday.</p>.<p>Kinetic Engineering Ltd (KEL) has commenced production of chassis and other assemblies for the electric avatar of the Luna, it added.</p>.<p>The company has developed all the major subassemblies for E-Luna, including the main chassis, main stand, side stand and swing arm and set up a dedicated production line with an initial capacity of 5,000 sets per month.</p>.<p><strong>Also Read — <a href="https://www.deccanherald.com/business/dh-wheels/need-to-reskill-automotive-engineers-for-electric-mobility-1174997.html" target="_blank">Need to reskill automotive engineers for electric mobility</a></strong></p>.<p>"We expect this business to add over Rs 30 crore annually over the next 2-3 years as the volumes of the E-Luna increase. This will also help KEL to boost its presence in the EV segment," KEL Managing Director Ajinkya Firodia said.</p>.<p>At its peak, the Luna was selling over 2,000 units per day, he said adding,"I am sure it will do very well in its new avatar".</p>.<p>He further said,"KEL is emerging as a one stop shop for all the major mechanical subassemblies for electric two and three-wheelers, which have witnessed explosive growth over the past 12 months."</p>.<p>KEL said exactly 50 years ago, it had launched the Luna, then priced at Rs 2,000 "which made it the most efficient, affordable, convenient transportation solution to India".</p>.<p>The Luna had become a popular moped and touched sales of 2,000 vehicles per day, commanding a 95 per cent market share in its category at its peak, the company said.</p>.<p>KEL said all the assemblies will be fully finished, duly painted in its factory at Ahmednagar. It has also installed a brand new line of over 30 welding machines at an exclusive shop within the plant and invested over Rs 3 crore in upgrading its paint shop and press and fabrication shops. </p>
<p>The Kinetic Group will be launching the electric version of its once popular moped Luna, according to a regulatory filing by Kinetic Engineering.</p>.<p>The E-Luna will be launched shortly by sister company Kinetic Green Energy & Power Solutions, the company said on Monday.</p>.<p>Kinetic Engineering Ltd (KEL) has commenced production of chassis and other assemblies for the electric avatar of the Luna, it added.</p>.<p>The company has developed all the major subassemblies for E-Luna, including the main chassis, main stand, side stand and swing arm and set up a dedicated production line with an initial capacity of 5,000 sets per month.</p>.<p><strong>Also Read — <a href="https://www.deccanherald.com/business/dh-wheels/need-to-reskill-automotive-engineers-for-electric-mobility-1174997.html" target="_blank">Need to reskill automotive engineers for electric mobility</a></strong></p>.<p>"We expect this business to add over Rs 30 crore annually over the next 2-3 years as the volumes of the E-Luna increase. This will also help KEL to boost its presence in the EV segment," KEL Managing Director Ajinkya Firodia said.</p>.<p>At its peak, the Luna was selling over 2,000 units per day, he said adding,"I am sure it will do very well in its new avatar".</p>.<p>He further said,"KEL is emerging as a one stop shop for all the major mechanical subassemblies for electric two and three-wheelers, which have witnessed explosive growth over the past 12 months."</p>.<p>KEL said exactly 50 years ago, it had launched the Luna, then priced at Rs 2,000 "which made it the most efficient, affordable, convenient transportation solution to India".</p>.<p>The Luna had become a popular moped and touched sales of 2,000 vehicles per day, commanding a 95 per cent market share in its category at its peak, the company said.</p>.<p>KEL said all the assemblies will be fully finished, duly painted in its factory at Ahmednagar. It has also installed a brand new line of over 30 welding machines at an exclusive shop within the plant and invested over Rs 3 crore in upgrading its paint shop and press and fabrication shops. </p>