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

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement