Jupiter Electric Mobility Signs MoU with Pickkup to Deploy 300 e-LCVs — India’s Green Logistics Just Got a Tez Boost
CMP: ₹400.70 | Sector: EV + Mobility Infra | Deployment: 300 JEM TEZ e-LCVs | Partner: Pickkup Logistics
🚚 At a Glance
Jupiter Electric Mobility (JEM), the EV arm of Jupiter Wagons Ltd, has signed a strategic MoU with Delhi-based EV logistics company Pickkup to deploy 300 JEM TEZ electric light commercial vehicles (e-LCVs) by the end of 2025.
The partnership aims to decarbonise India’s last- and mid-mile logistics by combining JEM’s vehicle engineering with Pickkup’s scalable green delivery model.
🔧 What’s Inside the Deal?
Detail
Description
Number of Vehicles
300 units of JEM TEZ e-LCV
Range Performance
190–220 km per charge (real-world)
Payload
1050 kg
Charging Compatibility
CCS2 fast charging standard
Initial Delivery Status
✅ First batch already delivered
Deployment Area
NCR cities + Tier-2 hubs like Chandigarh, Mohali
Timeline
Full fleet rollout by December 2025
🧠 EduInvesting Take
EV hype is everywhere, but actual fleet deployment is the real metric. JEM and Pickkup are not just talking — they’re delivering.
