JWL forays into EVs
Jupiter Wagons Ltd. (JWL), a producer of wagons, brake systems, and engineering equipment, has introduced Jupiter Electric Mobility (JEM), a division that focuses on commercial electric vehicles, to the market. A joint venture between the business and EA GreenPower Private Ltd., a fully owned subsidiary of GreenPower Motor Company Inc. (also known as GreenPower), has been established. It is a publicly traded company with offices in the United States and Canada that focuses on the passenger and freight transportation markets for electric commercial vehicles. “With our JV with GreenPower Motors, we seek to align the technology assets of both organisations by generating safety and sustainability in the EV market. The GreenPower ECVs will allow us to satisfy a wide range of business needs,” stated Vivek Lohia, Director, Jupiter Wagons Group. The joint venture will be GreenPower Motor’s entry point into India, concentrating on ECVs for India and other markets, and introduce products in the next two years for the passenger transit and cargo markets.