Jupiter Wagons Ltd. (JWL), a manufacturer of wagons, brake systems and brake discs for high-speed passenger coaches, and railway and engineering equipment is all set to showcase and launch its commercial electric vehicles at the Auto Expo – The Motor Show 2023 on January 12, 2023.
Earlier this year JWL announced their foray into the EV segment with the launch of ‘Jupiter Electric Mobility’ focusing on commercial EVs.
The EV arm of JWL has formed a joint venture with GreenPower Motors a publicly-listed firm based in the United States and Canada specializing in ECVs (Electric Commercial Vehicles) in the passenger and freight transport markets. The commercial electric vehicles will be in the LCV & MCV category in the 2.2 to the 7-tonne range.
Jupiter Electric Mobility plans to undertake end-to-end production in India and establish service facilities in key markets to expand to after-sales requirements for a seamless customer experience.
Jupiter Wagons Group product portfolio spans across Wagons, Coupler, Draft Gear, Bogie, CMS Crossings, Passenger Coach (LHB), Metro Coach, and Loco. The customer profile consists of Indian Railways, American Railroad, Indian Defense and National & Multinational Wagon Leasing Companies, Construction Equipment & Heavy Vehicles Manufacturers, Municipalities & Health-Care Sectors, Energy, Mining & Infrastructure.
Their clientele includes the Ministry of Defence, Tata Motors, Volvo Eicher Motors, Bharat Benz, Avia Motors, etc. Jupiter manufacturing facilities are spread across India in Kolkata, Jamshedpur, Indore, and Jabalpur. Jupiter Wagons Group has a group revenue of approximately Rs. 1000 crore.
They have also entered global partnerships with Slovakian company Tatravagonka, DAKO-CZ (Czech Republic), KovisProizvodna (Slovenia), TelleresAlegria S.A (Spain), Frenoplast S.A (Poland), and LAF-CIM Group (France).
Jupiter Electric Mobility (JEM) is a subsidiary of Jupiter Wagons Limited, a publicly listed firm with a market cap of Rs 3500 crores in the field of Railway Wagons, Railway brakes, Shipping containers, and Truck Wagons. JEM is an EV arm with a prime focus on Commercial e-vehicles.
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