Kinetic outlines new plans with SYM, Italjet
November 29, 2006
More talk from Kinetic, as reported in the Business Standard:
- The Italjet-designed Kinetic Blaze has been a sucess in Japan, prompting even more Kinetic interest in other export markets, specifically America and Europe.
- Kinetic has signed a deal with SYM of Taiwan and the companies will introduce a automatic 100 or 150cc scooter in 2007, and two more collaborations in 2008.
- Of about 170,000 vehicles expected to be produced at Kinetic’s Pithampur plant in 2007, 40,000 are expected to be exported, including 12,000 Blaze scooters.
- Interestingly, with Italjet’s surprise return to the market, the language of the Italjet/Kinetic deal seems to be changing weekly. Rather than talking about making seven Italjet models, the arrangement now sounds more collaborative. Company officials now say they “may” produce discontinued Italjet models, possibly even selling them in Europe as Italjet scooters, adding that they also may be involved in new Italjet projects as third-party suppliers.