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Sneha Jain

28th May 2025 · SEBI-Registered Analyst

JUPITER WAGONS

upiter Electric Mobility Signs MOU with Pickkup to Accelerate EV Adoption Partnership Goal: Deploy 300 units of JEM TEZ electric light commercial vehicles (e-LCVs) into Pickkup’s logistics fleet. Performance: JEM TEZ showcased real-world performance, delivering 190–220 km per charge and supporting a 1050 kg payload. Technology: Equipped with CCS2 fast charging and 30% more range than peers. Impact: Aims to decarbonize intercity logistics and enhance driver incomes. Production: Backed by JEM’s state-of-the-art EV manufacturing plant in Pithampur, with 8,000–10,000 e-LCV annual capacity.

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