Ad

Ad

Ad

Jupiter Electric Mobility Acquires Log9’s Battery Units for Rail and Electric Trucks


By Priya SinghUpdated On: 07-Nov-2024 05:56 AM
noOfViews3,669 Views

Follow Us:follow-image
Shareshare-icon

ByPriya SinghPriya Singh |Updated On: 07-Nov-2024 05:56 AM
Share via:

Follow Us:follow-image
noOfViews3,669 Views

JEM and Log9 secured a battery order for the Vande Bharat trains in collaboration with Siemens.
This acquisition supports electric trucks and boosts Jupiter Wagons' offerings in railway products.

Key Highlights:

  • JEM acquired Log9’s Railway and Electric Truck Battery divisions and a Bangalore facility.
  • This acquisition allows JEM to produce batteries in-house for its electric vehicles.
  • It expands Jupiter Wagons' railway portfolio, including work on Vande Bharat trains with Siemens.
  • Log9’s battery tech and production will support JEM’s electric truck segment.
  • JWL aims to boost its role in sustainable transport and electric mobility.

Jupiter Electric Mobility (JEM), a part of Jupiter Wagons Limited, recently acquired Log9’s Railway and Electric Truck Battery divisions. The deal includes Log9’s manufacturing facility in Devanahalli, Bangalore, and the transfer of engineering and production teams to JEM.

Strengthening In-House Battery Production

One of the most notable advantages of this acquisition is the ability for JEM to produce batteries in-house for its electric light commercial vehicles (e-LCVs). This development is crucial as it allows JEM to have greater control over the battery supply chain, ensuring a more reliable and cost-effective production process for its electric vehicles. 

As the demand for electric trucks and commercial vehicles grows in India, this strategic move will allow JEM to stay competitive by streamlining its production and reducing dependence on external suppliers.

JEM’s electric truck segment will particularly benefit from this integration. With Log9’s battery technology now under JEM’s control, the company can innovate and enhance its products more efficiently. Backward integration allows for greater control over the quality of components, resulting in improved product performance. 

Additionally, having a reliable battery supply chain will help JEM meet the growing demand for electric commercial vehicles, offering a more sustainable and cost-effective option for businesses.

Expansion of Railway Product Portfolio

This acquisition supports electric trucks and boosts Jupiter Wagons' offerings in railway products. Recently, JEM and Log9 secured a battery order for the Vande Bharat trains in collaboration with Siemens, marking a significant achievement in the railway sector.

Boosting Production Capacity

Adding Log9’s Bangalore manufacturing facility increases JEM’s production capacity, particularly benefiting its electric truck lineup. This facility will help JEM streamline operations through backward integration, combining manufacturing and technology development under one roof.

Leadership Insights

Vivek Lohia, Managing Director of Jupiter Wagons Limited, highlighted that the acquisition aligns with JWL’s goal of expanding its role in sustainable transportation solutions, particularly in the electric mobility and railway sectors.

About Jupiter Electric Mobility

Jupiter Electric Mobility (JEM) is the electric vehicle division of Jupiter Wagons Limited (JWL), a well-established company with more than 40 years in the manufacturing industry. With a vision focused on the development of Smart Cities and modern infrastructure worldwide, JWL launched JEM as a brand dedicated to commercial electric vehicles (EVs). 

JEM aims to help businesses play their part in building a more sustainable environment. The brand is designed to be reliable, eco-friendly, and adaptable, always looking for innovative solutions to meet the needs of a changing world.

Also Read: Jupiter Electric Mobility Private Limited Gets Approval to Manufacture battery-operated LCV

CMV360 Says

This acquisition is a positive step forward for Jupiter Electric Mobility. Gaining control over battery production allows JEM to make its electric vehicles more efficient and reliable, which is essential as the demand for electric trucks and commercial vehicles grows in India. The partnership with Log9 to supply batteries for Vande Bharat trains further demonstrates JEM’s commitment to expanding its reach in the railway sector.

News


Godawari Electric Motors Launches EbluCare App

Godawari Electric Motors Launches EbluCare App

The EbluCare App provides real-time ride tracking, turn-by-turn navigation, and detailed vehicle information....

30-Jan-25 09:19 AM

Read Full News
Khalsa EV Launches New Electric Three-Wheeler at Bharat Mobility 2025

Khalsa EV Launches New Electric Three-Wheeler at Bharat Mobility 2025

The Khalsa EV new models comes with a 12.2 kWh Lithium-ion battery, offering a range of 172 kilometers on a single charge. ...

30-Jan-25 08:26 AM

Read Full News
JBM Auto Reports Growth in Q3 FY25, Expands Electric Vehicle Lineup

JBM Auto Reports Growth in Q3 FY25, Expands Electric Vehicle Lineup

At the Bharat Mobility Global Expo 2025, JBM Auto introduced the 'Galaxy,' an electric luxury coach with both seating and sleeping options....

30-Jan-25 05:32 AM

Read Full News
Mahindra Kicks Off Sales of Veero CNG; Prices Start at ₹ 8.99 Lakh

Mahindra Kicks Off Sales of Veero CNG; Prices Start at ₹ 8.99 Lakh

The Veero CNG delivers excellent fuel efficiency with a mileage of 19.2 km/kg. ...

29-Jan-25 09:57 AM

Read Full News
Ashok Leyland opens new Dealerships in Jharkhand

Ashok Leyland opens new Dealerships in Jharkhand

The first dealership in Ranchi is a 3S facility, spread across 60,000 sqft, with 10 service bays....

29-Jan-25 08:49 AM

Read Full News
TVS Motor to Set Up Hub in Dubai to Strengthen Overseas Business

TVS Motor to Set Up Hub in Dubai to Strengthen Overseas Business

In June 2024, TVS Motor set up a wholly owned subsidiary, TVS Motor Company DMCC, in Dubai....

29-Jan-25 07:40 AM

Read Full News

Ad

Ad

web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.

Loading ad...

Loading ad...