Jupiter Wagons Enters Electric Mobility Market in Collaboration With EA GreenPower, to Launch Commercial EVs - world cultures

Jupiter Wagons Enters Electric Mobility Market in Collaboration With EA GreenPower, to Launch Commercial EVs


A statement on Wednesday said Jupiter Wagons Limited, a manufacturer of wagons, high-speed brake systems, rail and engineering equipment, is entering the electric mobility market with the launch of Jupiter Electric Mobility (JEM) with a focus on commercial electric vehicles.

The company has formed a joint venture with EA GreenPower Private Limited, a wholly owned subsidiary of GreenPower Motor Company, a publicly listed company in the United States and Canada that specializes in ECVs (Electric Commercial Vehicles) in the passenger transportation and freight transportation markets.

The joint venture will mark GreenPower Motor’s entry into India, focus on ECV for Indian and other markets, and launch products into the passenger and freight market in the next two years. The statement added that they also intend to move their manufacturing center from China to India and export from there to global markets.

According to a report by RBSA Advisors, the electric vehicle market in India appears to be getting stronger, with a compound annual growth rate of 90 percent expected between 2021 and 2030.

JEM will work with GreenPower Motor to carry out mass production in India and set up service facilities in key markets to expand after sales requirements for a seamless customer experience.

Meanwhile, technology-enabled third-party logistics provider Zyngo said Tuesday that it will deploy more than 18,000 electric vehicles for last-mile delivery in the country as part of plans to increase its fleet.

Zyngo EV Mobility said in a statement that these delivery vehicles, which will be deployed across India by this financial end, are leased/acquired by the company from various local Original Equipment Manufacturers (OEMs).

Zyngo caters to several major e-grocery and e-commerce platforms with its fleet spread across Delhi – NCR, Bengaluru, Mumbai, Hyderabad, Jaipur and Chandigarh.


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