Jindal Worldwide Share Price In Focus As Jindal Mobilitric Unveils 165 Km Range EV

Jindal Worldwide Limited is accelerating its diversification strategy by venturing into the electric vehicle space through its subsidiary, Jindal Mobilitric. 

Jindal Mobilitric Unveils 165 Km Range EV

Jindal Mobilitric, a division of Jindal Worldwide, has officially introduced its new electric vehicle model that offers an impressive 165 km range on a single charge. 

This is one of the highest in its category and marks a significant stride in the domestic EV landscape. The model has been submitted for homologation and is currently awaiting government approval. Once approved, the vehicle will be rolled out across the company’s expanding dealer network.

Jindal Mobilitric’s New Manufacturing Facility

To support its foray into the EV industry, Jindal Mobilitric is establishing a state-of-the-art manufacturing facility in Ahmedabad. This facility will complement its existing production unit in Maharashtra, owned through its acquisition of Earth Energy in May 2022. 

Earth Energy, incorporated in 2017, has been recognised among India’s top 20 most promising start-ups in 2020. Together, these facilities underscore the company’s commitment to domestic manufacturing, with 97% of production aligned with the Make in India initiative.

Production Capacity Set At 2.5 Lakh Units Annually

The new plant is expected to significantly ramp up production, targeting a capacity of 2.5 lakh units annually. This aligns with the company’s growth strategy and ambition to be a major player in the EV segment. The facility is already operational, and the product launch will be immediate once regulatory approvals are secured.

Dealer Network Expansion Underway

Currently, the company operates through 35 dealers across the country. Plans are in place to increase this number to 100 within the next year, ensuring better accessibility and service reach. This strategic expansion will help the brand establish a wider footprint and tap into the growing EV demand in both urban and semi-urban areas.

EV Models In Pipeline

In addition to the current launch, Jindal Mobilitric is preparing to release 3 electric vehicle models. These launches are part of a larger plan to build a diverse EV portfolio catering to different consumer segments.

Jindal Worldwide Share Price Performance

As of 3:16 PM on July 8, 2025, Jindal Worldwide share price was down by 1.83% at ₹47.32 

Read More: Welcure Share Price Hits Upper Circuit After Completion Of ₹299.91 Crore Export Orders! 

Conclusion

Jindal Mobilitric’s recent announcements reflect a strong commitment to green mobility and manufacturing excellence. As it builds infrastructure and product lines to meet India’s growing appetite for sustainable transport, the company’s role in shaping the EV ecosystem is one to watch.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.