Jupiter Wagons to roll out electric commercial vehicles
POWER & RENEWABLE ENERGY

Jupiter Wagons to roll out electric commercial vehicles

By the third quarter of the calendar year 2023, Jupiter Wagons Ltd (JWL), which recently showcased two light commercial electric cars through its subsidiary Jupiter Electric Mobility (JEM), hopes to launch the product commercially. JEM and the North American-based GreenPower Motor Corporation, which specialises in commercial electric cars for the passenger and freight transportation markets, have formed a strategic relationship.

The larger vehicle, with a capacity of 7 tonnes, would first be produced in its unit, according to Vivek Lohia, managing director of Jupiter Wagons. The smaller vehicle, with a capacity of 2.2 tonnes, would be manufactured at its facility in Indore. In order to expand into the after-sales requirements for a seamless customer experience, the company wants to undertake end-to-end production in India and develop service centres in important regions.

The last-mile delivery requirements will be mostly met by CEVs, which will initially target the major metropolises of Mumbai, Delhi-NCR, Pune, and Bangalore. The 7 tonnes vehicle should be available by the end of this year, and we plan to begin deliveries of the 2.2 tonnes vehicle by August of this year. We can now create 5,000 automobiles at our factory, but we want to increase that number so that we can eventually make close to 50,000," Lohia told sources.

By the third quarter of the calendar year 2023, Jupiter Wagons Ltd (JWL), which recently showcased two light commercial electric cars through its subsidiary Jupiter Electric Mobility (JEM), hopes to launch the product commercially. JEM and the North American-based GreenPower Motor Corporation, which specialises in commercial electric cars for the passenger and freight transportation markets, have formed a strategic relationship. The larger vehicle, with a capacity of 7 tonnes, would first be produced in its unit, according to Vivek Lohia, managing director of Jupiter Wagons. The smaller vehicle, with a capacity of 2.2 tonnes, would be manufactured at its facility in Indore. In order to expand into the after-sales requirements for a seamless customer experience, the company wants to undertake end-to-end production in India and develop service centres in important regions. The last-mile delivery requirements will be mostly met by CEVs, which will initially target the major metropolises of Mumbai, Delhi-NCR, Pune, and Bangalore. The 7 tonnes vehicle should be available by the end of this year, and we plan to begin deliveries of the 2.2 tonnes vehicle by August of this year. We can now create 5,000 automobiles at our factory, but we want to increase that number so that we can eventually make close to 50,000, Lohia told sources.

Next Story
Infrastructure Urban

Karnataka Seeks Rs.5,000 Crore World Bank Aid for Disaster Resilience

To strengthen Bengaluru's status as a global IT-BT hub while addressing its vulnerability to natural disasters, the Karnataka government has sought Rs.50 billion in financial assistance from the World Bank under a proposal called the Disaster Resilience Initiative. Of this, Rs.35 billion is earmarked for Bengaluru, with the remaining Rs.15 bilion allocated for disaster-prone cities like Belagavi and Mangaluru. According to government officials, Rs.25 billion will go to the Bruhat Bengaluru Mahanagara Palike (BBMP) for modernising the city’s stormwater drains, which have been neglected for t..

Next Story
Building Material

JSW Group and POSCO to Establish Greenfield Steel Plant in Keonjhar

Odisha Chief Minister Mohan Charan Majhi announced that JSW Group, in collaboration with South Korean steel giant POSCO, will set up a greenfield steel facility in his home district of Keonjhar. This development follows speculation regarding the location of the joint venture. During his two-day visit to Keonjhar to celebrate Diwali, Majhi disclosed that discussions about the steel plant took place during roadshows for the upcoming Make-in-Odisha conclave held in Delhi and Mumbai. He confirmed that the two companies have signed a Memorandum of Understanding (MoU) to establish the plant, which w..

Next Story
Infrastructure Energy

Coal India Eyes Dividend Return

Coal India Ltd. (CIL) is optimistic about rejoining the list of dividend-paying companies, primarily due to a notable improvement in the performance of its subsidiary, Eastern Coalfields Ltd. (ECL). ECL’s operational efficiency and financial performance have seen considerable progress, contributing positively to CIL’s overall profitability. After missing its dividend payout last year—a rarity given its history as a reliable dividend stock—CIL is working to restore shareholder confidence through enhanced production targets and cost-cutting measures. ECL's focused strategy on boosting pr..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000