Jupiter Electric Mobility (JEM) has signed an MoU with Pickkup, a Delhi-based logistics platform that specialises in sustainable intra-city and intercity deliveries, to boost EV adoption in India’s logistics sector. 
The tie-up signifies a strategic leap for both the partners with a plan to deploy 300 TEZ e-vehicles by the end of this year. The first batch of vehicles have already been delivered under the MoU, following extensive pilot runs that showcased the exceptional capability of delivering real-world performance, range reliability and operational efficiency across both intra-city and inter-city routes. 
The vehicles exhibited a consistent range of more than 190 km, reaching up to 220 km in a single charge across varying operating conditions ranging from heavy urban roads to intercity corridors such as Delhi to Chandigarh.
Speaking about the development, Vivek Lohia, Managing Director, Jupiter Group, stated, “Our mission at Jupiter Electric Mobility is to enable logistics providers with next-generation electric vehicles that exceed expectations in performance, sustainability, and profitability as well. Our alliance with Pickkup is a strategic move towards achieving India’s ambitious clean mobility goals, facilitating the mass adoption of electric commercial vehicles in the logistics ecosystem. With Pickkup, we seek to transform last- and mid-mile logistics into a scalable, tech-enabled, and environmentally friendly ecosystem that fuels economic prosperity for operators while minimising carbon emissions. This partnership represents a strategic turning point in our journey to lead India towards clean transport and to help the logistics sector adopt a greener, smarter future.” 
Ankush Sharma, Co-founder and CEO of Pickkup, averred, “I am genuinely impressed with JEM Tez, it has nailed real-time challenges in this segment by offering CCS2 charging compatibility and delivering 30% more range on a single charge, all while supporting a 1050 kg payload. This creates a strong niche in the market. We are now set to deploy these vehicles for intercity logistics, where they can run up to 250 km daily while enabling higher earnings potential, which is made possible now with JEM Tez.”
 

Comments (0)

ADD COMMENT

Link Copied!

Mumbai-based electric commercial vehicle start-up Astro Motors has launched marked its entry in the L5 cargo and passenger segment with Navya and Nova e-three-wheelers respectively.

The company claims it is India's first company to introduce a geared electric commercial three-wheeler. While the technical specifications has not yet been revealed, the company said its electric three-wheeler offerings are currently undergoing homologation with a launched plan for July 2025. Going forward, it also has outlined an ambition to unveil a four-wheeler modular skateboard chassis by early FY2026. The plan is to license the platform and powertrain to other OEMs.

The start-up has a manufacturing unit in Chakan, Pune and recently component supplier Remsons Industries acquired a 51.01 percent stake in Astro Motors.

Vitan Jagada, Founder & CEO, Astro Motors, said, "Targeting both B2B and B2C markets, we envisage rapid domestic scaling via fleet partnerships and a wide distribution network. We are also looking at expansion into emerging global markets like Africa, Southeast Asia and Latin America, before entering mature economies.”

The start-up recently signed up dealers and financial partners in key markets such as Pune, Bhavnagar and Jammu with 5 more being signed on across key centres in Uttar Pradesh, Delhi NCR and Maharashtra. Its strategic financial partnerships include MUFIN Greenfinance, RiseWise Capital and Perpetuity Capital.

Comments (0)

ADD COMMENT

Link Copied!

VE Commercial Vehicles (VECV) has inked a Memorandum of Understanding (MoU) with Statiq, a leading EV charging solutions provider, to drive adoption of its electric vehicle offerings, starting with the Eicher Pro X range of Small Commercial Vehicles.

As per the understanding, Statiq is set to become one of VECV’s preferred EV charging network partners, wherein it will provide access to its growing network of over 8,000 charging points on it’s aggregated platform across the country. The partners will also integrate Statiq’s extensive network with My Eicher app, an industry-first connected fleet management solution, to provide real-time visibility of charging stations, intelligent navigation assistance and tariff transparency. VECV customers will also benefit from promotion offers and preferential tariffs.

Abhishek Chaudhary, SVP, Sales & Marketing, Small Commercial Vehicles, VECV, said, “Our partnership with Statiq marks a significant step forward in strengthening the EV ecosystem for commercial transportation in India. By offering an integrated solution to customers through the industry leading MyEicher App, we aim to deliver a hassle-free and reliable experience to our customers. This collaboration will also empower Eicher Pro X electric customers with enhanced convenience, confidence, and operational efficiency, accelerating the shift towards sustainable transportation.”

Akshit Bansal, CEO & Founder, Statiq, said, “Our partnership with VE Commercial Vehicles is a milestone in our journey to create a strong and efficient EV charging ecosystem for commercial vehicles in India. By integrating our expansive charging network with VECV’s MyEicher, we aim to provide users with a seamless, tech-driven charging experience that removes barriers to EV adoption. With this initiative, we are committed to enabling a smoother, faster transition to electric mobility for commercial vehicle operators.”

The partners also to setup a robust support ecosystem, which includes call centre access, service ticket management, troubleshooting, repairs and ongoing maintenance services to ensure uninterrupted vehicle operations. A dedicated Point of Contact (POC) system will also be implemented under shared responsibility.

Comments (0)

ADD COMMENT

Link Copied!

Tata Motors, one of the world’s leading automobile manufacturers, has inked a new partnership with along with MM Group for Industry and International Trade (MTI) to introduce its commercial vehicle range in Egypt.

As part of the understanding, Tata Motors will leverage MTI’s strategically located service touchpoints and network to support its CV customers in the region. The CV maker is set to introduce its range of cargo and passenger segments such as – Tata Xenon, Ultra T.7, Ultra T.9, Prima 3328.K, Prima 4438.S, Prima 6038.S and LP 613 bus that it believes will support Egypt’s infrastructure growth, rising urbanisation and expanding logistics sector.

Asif Shamim, Head, International Business, Tata Motors Commercial Vehicles, said, “Egypt is a pivotal market for Tata Motors, driven by its expanding infrastructure and the growing demand for reliable mobility solutions. With decades of experience in delivering advanced commercial vehicles across diverse geographies, we are confident that our offerings – from pickups, heavy trucks to buses will cater to the varied needs of fleet owners and businesses in the market. Designed for superior performance, fuel efficiency and high uptime, our vehicles enable greater productivity and profitability. We aim to further strengthen the portfolio with new introductions at regular intervals to address evolving customer requirements. Backed by MTI’s strong market insight and nationwide network, we are committed to creating lasting value in the country."

Khaled Mahmoud, CEO, MTI, added, “The introduction of Tata Motors’ world-class commercial vehicles in Egypt marks a key milestone in the country’s transport and logistics sector. With this launch, we are bringing trusted solutions catering to diverse applications and demanding conditions. Our focus will be on ensuring a superior ownership experience through MTI’s robust after-sales network. We value our partnership with Tata Motors and are confident that, together, we will set new benchmarks in efficiency, durability and customer excellence in Egypt’s commercial vehicle market." 

Tata Motors will provide an extended warranty of up to 5 years or 150,000 km on the Xenon and the Ultra range, along with a Scheduled Service Package.

Comments (0)

ADD COMMENT

Link Copied!

Action Construction Equipment (ACE), a leading supplier of off-highway and construction equipment, has announced its highest-ever annual and quarterly sales and profits for FY2025.

The company reported revenue of INR 34 billion in FY2025, up 14.47 percent YoY, EBITDA margin at 17.5 percent, and profit after tax of 4.09 billion, up 25 percent YoY.

ACE attributed this impressive margin expansion to operational leverage, an optimised product mix and effective cost control measures.

The Cranes, Material Handling & Construction equipment division played a pivotal role in this success, with volumes growing by 14.75 percent YoY and revenue increasing by 15.7 percent YoY.

Sorab Agarwal, Executive Director, ACE, stated that India continues to stand out as the fastest-growing major economy. Despite prevailing global uncertainties, the country’s GDP is projected to grow at a steady pace of around 6.5 percent. “This momentum is underpinned by strong macroeconomic fundamentals – including easing inflation and a supportive monetary stance by the Reserve Bank of India. Resilient domestic consumption, alongside the government’s sustained emphasis on capital expenditure, remains a key driver of economic growth. However, external risks persist in the form of rising trade barriers, disrupted global supply chains and ongoing geopolitical tensions.

India is now positioned as the world’s fourth-largest economy and we are confident in the country’s ability to emerge as a global sourcing hub for goods and services. Our robust industrial capabilities, skilled workforce, and rapidly advancing infrastructure place us in a strong position to cater to global demand with both efficiency and excellence.”

In a landmark achievement for the quarter, ACE secured its largest-ever single order, valued at INR 4.2 billion, to supply 1,121 Rough Terrain Fork Lift Trucks (Telehandlers) and associated accessories to the Indian armed forces.

Comments (0)

ADD COMMENT

Link Copied!