Jindal Worldwide Limited (JWL) EV Division Jindal Mobilitric has introduced its latest electric vehicle model, offering an impressive range of 165 km – most in its segment.
The company has presented the model for home -ology and is waiting for the government’s approval. Once approved, EV will be launched through the existing dealer network of Jindal Mobilitric.
Currently working with 35 dealers across India, the company aims to expand to 100 dealers within next year. With full operational production facility, Jindal Mobilitric is prepared to start delivery as the approval is provided.
The new EV Jindal marks the strategic forest of worldwide into the rapidly developed electrical mobility field through Jindal Mobilitric. The company has presented the model for home -ology and is currently waiting for the necessary approval from the authorities. Once cleaned, the vehicle will be rolled out through the firm’s installed dealer network.
Commenting on development, a spokesman for Jindal Worldwide said, “Electricity dynamics are the future and our forest in EV production is a strategic and important milestone for us. EV’s research and development is done in the house and we are excited about its launch.”
Jindal Mobilitric has set up a manufacturing plant in Ahmedabad with a production capacity of 2.5 lakh vehicles per year. It has also installed an in-house fully automated battery manufacturing plant with similar production capacity. The purpose of setting up in-house battery plant is to ensure maximum confidence in EV products and to ensure the highest level of battery safety to contribute to rapid adoption of EVS in India.
Further updates including EV’s deadline and specifications will be made available on the company’s official website and social media channels.
The company’s consolidated net profit increased by 42.10% to Rs 25.01 crore, which increased by 52.41% at 52.41% increase in net sales in Q2 FY22.