Pune-based Kinetic Green Energy and Power Solutions Ltd (KGEPSL) today launched its first electric three-wheeler with advanced lithium-ion battery that intends to offer a revolutionary impact on green mobility for masses.

Currently, most of the manufacturers of electric three-wheelers such as e-rickshaws are using lead acid battery, which has issues of short life duration, long charging time of 10 hours and more weight, the company said in a statement.

The company expects this technological breakthrough will have a revolutionary impact on green mobility for masses in the country but the cost of the lithium ion solution will be more by Rs 55,000-60,000.

Use of lithium ion batteries will have many benefits, including long life, reduced charging time by almost to one-third and low maintenance, the company said.

It said that higher cost of new age battery can be offset by longer battery life.