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Updated On: 17-Oct-2025 10:43 AM
Tata Capital partners with Jupiter EV to offer financing for electric LCVs, making sustainable mobility easier for businesses across India.
Tailored financing options for JEM e-LCVs
Supports small fleet operators and business owners
Tez e-LCV offers 200 km range and 1.5-tonne capacity
Comprehensive battery warranties for reliability
Tata Capital provides nationwide financing access
Tata Capital Limited has partnered with Jupiter Electric Mobility (JEM) to offer financing solutions for electric light commercial vehicles (e-LCVs) in India. This collaboration aims to make it easier for businesses to switch to electric vehicles, promoting cleaner logistics and supporting the country’s sustainable transport goals.
Through this partnership, JEM customers can now access tailored financing options to purchase electric trucks. This makes it simpler for small fleet operators and business owners to adopt eco-friendly vehicles without heavy upfront costs.
JEM’s e-Trucks Division manufactures long-range electric trucks designed for last-mile and middle-mile deliveries. Their flagship Tez e-LCV provides a driving range of up to 200 km and can carry loads of 1.5 tonnes. The vehicles also come with comprehensive battery warranties, ensuring reliability for commercial use.
Tata Capital, with over 1,500 branches across India, offers financing across retail, housing, SME, corporate, and cleantech segments. By extending these services to JEM’s electric trucks, the company aims to make sustainable mobility accessible at a larger scale.
Neeraj Dhawan, COO – Motor Finance Business, Tata Capital Limited, said: "By extending our financing solutions to JEM's range of e-LCVs, our larger goal is to make sustainable mobility accessible to businesses at scale."
Gaurav Jalota, CEO, Jupiter Electric Mobility, added: "Partnering with Tata Capital will make it easier for businesses to adopt cleaner logistics operations, supporting India’s sustainable transport goals."
This partnership is an important step in electrifying India’s commercial vehicle sector. Easier access to financing will help businesses and fleet operators transition to electric vehicles faster, supporting the country’s goal of carbon-neutral logistics.
As electric vehicle adoption grows, collaborations like this are expected to play a key role in scaling sustainable mobility across urban and semi-urban commercial operations in India.
Tata Capital has partnered with Jupiter Electric Mobility (JEM) to provide financing solutions for electric light commercial vehicles (e-LCVs) in India. This collaboration aims to help businesses and small fleet operators transition to sustainable transport easily. JEM’s Tez e-LCV offers a 200 km range and 1.5-tonne load capacity with reliable battery support. With Tata Capital’s nationwide presence, businesses can access convenient financing, accelerating the adoption of clean logistics and supporting India’s carbon-neutral transport goals.