Jupiter Electric Mobility Accelerates Growth with Five New Showrooms Across India

Jupiter Wagons Limited (JWL) subsidiary, Jupiter Electric Mobility (JEM), has made a significant move in expanding its presence across India by opening five new showrooms in key cities. This strategic expansion underscores the company's commitment to strengthening its foothold in the electric commercial vehicle market.

Expansion Details

JEM has inaugurated new showrooms in the following cities:

City	Location Details
New Delhi	Kanti Nagar, Behind Bus Stand, Seelampur, Shahdara
Ghaziabad	Near Rapid Rail pillar no.678, Meerut Road, Morta
Trivandrum	Ward number 79, Sreevaraham, Muttathara
Ahmedabad	Near Silver Oak College, SG Highway, Gota
Pune	Jadhav Vasti, Near Ganpati Vajan Janta, Bakori Phata, Wagholi

This expansion brings JEM's total showroom count to seven, including existing locations in Bangalore and Hyderabad.

Strategic Importance

The multi-city expansion is a crucial step in JEM's mission to democratize sustainable commercial mobility and accelerate the electrification of India's logistics sector. By establishing a presence in diverse geographic and economic zones, JEM aims to bring its flagship JEM TEZ electric light commercial vehicle (eLCV) closer to fleet operators, logistics partners, and last-mile delivery businesses.

JEM TEZ: Flagship Product

The JEM TEZ, the company's primary offering, is a 1.05-ton, four-wheeler electric light commercial vehicle designed for India's urban freight requirements. Key features include:

Certified range of 300+ km
True Range exceeding 190 km
80 kW peak motor power
23% gradeability
Robust payload capacity

These specifications make the JEM TEZ suitable for intra-city freight movement, last-mile delivery, and FMCG distribution.

Market Strategy

JEM's expansion strategy targets key regions across India:

North India: New Delhi and Ghaziabad address the capital region's logistics ecosystem, leveraging Delhi's EV Policy 2.0 which aims for 95% EV adoption by 2027.
West India: Pune and Ahmedabad tap into industrial hubs, with Maharashtra and Gujarat representing 22.1% of India's commercial vehicle market combined.
South India: Trivandrum strengthens JEM's footprint in Kerala, one of India's leading EV markets with over 2.35 lakh registered vehicles and an 11.33% EV market share.

Management Commentary

Mr. Vivek Lohia, Managing Director of Jupiter Group, emphasized the significance of this expansion, stating, "The simultaneous inauguration of five showrooms across India demonstrates Jupiter Electric Mobility's commitment to building a truly national footprint in the electric commercial vehicle segment."

Future Plans

JEM plans to further expand its retail presence, with showrooms in Chennai, Kolkata, and Mumbai in the pipeline. This ambitious retail expansion strategy positions JEM as a pan-India player in the electric commercial vehicle space.

Investor Implications

For investors tracking Jupiter Wagons Limited, this expansion signifies a strong push into the growing electric vehicle market. The company's focus on electric commercial vehicles aligns with India's push towards sustainable transportation solutions and could potentially drive growth in the coming years.

As the electric vehicle market in India continues to evolve, JEM's strategic positioning and expanding footprint could present interesting opportunities for investors looking to capitalize on the shift towards electric mobility in the commercial sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.01%	-5.85%	-14.53%	-31.14%	-44.25%	+1,593.85%

Jupiter Wagons Limited , a key player in the Indian manufacturing sector, has recently received an Environmental, Social, and Governance (ESG) rating from a SEBI-registered provider. This development marks a significant step in the company's journey towards transparency and sustainability.

ESG Rating Details

Aspect	Details
Company	Jupiter Wagons Limited
ESG Rating	46
Rating Provider	ESG Risk Assessments and Insights Limited
Provider Status	SEBI-registered Category I Subscriber-Pays ESG rating provider
Assessment Period	FY 2024-25
Rating Date	October 28, 2025
Company Engagement	Not engaged by Jupiter Wagons
Assessment Basis	Publicly available information

Key Points

ESG Risk Assessments and Insights Limited is India's first ESG rating provider registered with SEBI.
The rating was independently assigned without Jupiter Wagons' engagement.
Jupiter Wagons disclosed this information in compliance with SEBI regulations.

Company's Response

Jupiter Wagons Limited has promptly disclosed this rating to the stock exchanges, adhering to the regulatory requirements set by the Securities and Exchange Board of India (SEBI). The company's disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates its commitment to transparency in corporate governance.

Implications of ESG Ratings

ESG ratings are increasingly becoming a crucial metric for investors and stakeholders to assess a company's long-term sustainability and ethical practices. While the specific implications of the rating '46' were not detailed, such assessments typically consider various factors including environmental impact, social responsibility, and governance practices.

For investors and market observers, this ESG rating provides an additional data point to consider when evaluating Jupiter Wagons Limited's overall performance and future prospects. It reflects the growing importance of sustainability metrics in the Indian corporate landscape.

As ESG considerations continue to gain prominence in investment decisions and corporate strategies, such ratings are likely to play an increasingly significant role in shaping market perceptions and company valuations.