Kinetic Green, Tonino Lamborghini form JV for electric & solar

Date posted: Friday 7 December 2018

City-based Kinetic group company, Kinetic Green, announced forming a joint venture with Italian luxury accessories maker Tonino Lamborghini SpA to design and manufacture premium segment electric and solar golf carts for the global market. Kinetic group will hold 75 per cent stake in the JV through its electric vehicle specialist company, Kinetic Green Energy and Power Solutions (KGEPSL), while the Lamborghini family will own the remaining 25 per cent through Tonino Lamborghini SpA.

(Business Standard)