Archive · 18 Jul 2025
Kinetic Green and Tonino Lamborghini Launch Global Electric Carts Venture
Kinetic Green, an Indian company, is teaming up with Tonino Lamborghini, an Italian luxury brand, to make and sell fancy electric golf carts.
They're calling the new company Kinetic Green Tonino Lamborghini.
They plan to sell these carts in many countries, aiming for a lot of money in the next few years.
These carts are not just for golf courses; they can be used in resorts, airports, and other places.
Kinetic Green will handle the manufacturing, while Tonino Lamborghini will put its brand name on the carts.
They have already started setting up shop with a new place in India.
Kinetic Green and Tonino Lamborghini partner to create Kinetic Green Tonino Lamborghini.
The joint venture will manufacture and sell luxury electric golf and lifestyle carts.
The venture aims to enter 25 global markets, targeting a $300 million turnover in five years.
Initial markets include the Middle East, Maldives, Sri Lanka, Thailand, and New Zealand.
Kinetic Green holds a 70% stake in the joint venture.
- Who
- Kinetic Green and Tonino Lamborghini are the partners.
- What
- Kinetic Green and Tonino Lamborghini created a joint venture to manufacture and sell luxury electric golf and lifestyle carts.
- When
- The partnership was recently announced.
- Where
- The joint venture will operate globally, with initial markets including the Middle East, and a manufacturing facility in Supa, Maharashtra, India.
- Why
- To manufacture and sell luxury electric golf and lifestyle carts globally.
- Joint Venture Name
- Kinetic Green Tonino Lamborghini
- Purpose
- Manufacture and sell luxury electric carts
- Target Markets
- 25 global markets
- Target Turnover (5 years)
- $300 million
- Kinetic Green Stake
- 70%
- Investment
- $4-5 million