Jupiter Wagons EV part, Jupiter Electric Mobility has made its debut in the commercial electric vehicle segment with the launch of e-LCVs – JEM TEZ of 2.2 and EV STAR CC of 7 Ton GVW at the Auto Expo – The Motor Show 2023.
The brand is working toward becoming the market leader in India’s CEV segment thanks to strategic alliances. The partnerships with important foreign and domestic companies with EV industry knowledge.
In order to expand into the after-sales requirements for a seamless customer experience. JEM has introduced two variants of E-LCVs into the market. The plans is to carry out end-to-end production in India. It establish service facilities in key markets. The CEVs will initially target the major metros of Mumbai, Delhi-NCR, Pune, and Bangalore.
Enhancing its existing capabilities and expertise in the mobility solutions business, JEM has entered into a strategic alliance with North America based GreenPower Motor Company specializing in Commercial Electric Vehicles in the passenger transportation and freight transport markets.
The strategic partnership with Log 9 Materials for EV batteries and Xavion Mobility for vehicle design and development will prove extremely beneficial to create a competitive product that is highly appreciated in the market.
Elated at the breakthrough achieved by the company, Vivek Lohia, Managing Director at Jupiter Wagons Ltd., said: “As a cleaner alternative, electric vehicles have become a global narrative and an important step towards sustainable transportation goals. The launch of JEM TEZ and EV STAR CC we are entering a new era at the Jupiter Group. Innovation and Sustainability are at the helm of the company’s philosophy and today’s launch is a testimony to our belief. India has a huge potential for the EV business and we see a large opportunity for us in becoming an important player in the coming future. Looking at the cost benefits of EVs and sustainable approach, EVs will eventually take over the ICE market. The government’s vision of creating a green future and favourable policy support will only boost this segment further.”
Commenting on the launch, Gaurav Jalota, CEO, Jupiter Electric Mobility, said: “We are extremely optimistic about the business growth of CEVS, considering our legacy in the mobility solutions category, entering into the CEV segment was the natural growth trajectory for the company. Our manufacturing facilities are of world-class standard with the latest technologies while being a game-changer in the sustainability space. We aspire to be one of the sought-after names in the CEV business in India.”
The company plans to have a complete bouquet of electric vehicles from LCV, MCV, HCV, and Bus in the future.
