On Tuesday, Jindal Mobilitric Private Limited (JM), a subsidiary of Jindal Worldwide Limited, announced plans to establish a state-of-the-art electric 2-wheeler manufacturing facility with an annual production capacity of 2.5 Lakh vehicles in Ahmedabad.
The company will also set up an in-house, fully automated battery manufacturing facility with a similar production capacity. The goal of creating an in-house battery plant is to ensure the highest level of battery safety, which will increase consumer trust in electric vehicle products, resulting in faster adoption of electric vehicles in India.
The group has a global vision to expand its electric vehicle presence worldwide. In line with this goal, JM is entering the Nepalese market by establishing its first overseas Exclusive Experience Center in Kathmandu. Additionally, JM is pleased to announce its expansion into 40 cities across 10 states in India, with a network of exclusive dealerships.
A strong presence across India is a key component of JM’s aggressive network strategy. The company plans to launch its electric 2-wheeler product range in April 2023, targeting premium, executive, and mass segment consumers, and has released the first E-2W teaser on its social media platforms.
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