Investor Presentaiton
Electric Vehicles: Entering New Market
1F2
FUTURE IS
GREEN
JUPITER
LETRA
FUTURE IS GR
JUPITER
ENGINEERING THE FUTURE
o JWL enter the electric mobility market with the launch of 'Jupiter Electric Mobility'
(JEM) focusing on commercial EVs.
JEM has entered a strategic alliance with North America based Green Power Motor
specializing in ECVs (Electric Commercial Vehicles) in the passenger transportation
and freight transport markets.
In Auto Expo 2023 JWL launched e-LCVS - JEM TEZ of 2.2 and EV STAR CC of 7 Ton
GVW
Electric vehicles accounted for 1.1% of total vehicle sales and is expected to account
for 39% of total automotive sales by CY27 growing at a ~68% CAGR over the next 5
years.
。 The majority growth in EVs is expected to come from the travel segment, especially
E3Ws and E2Ws due to fixed duty cycle and companies (E-commerce, groceries,
shops) committing to going completely electric in their last mile deliveries.
The Company plans to commercially launch the product in Q3 CY2023
。 The company plans to have a complete bouquet of electric vehicles from LCV, MCV,
HCV, and Bus in the future.
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