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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. 7
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