Get latest articles and stories on Business at LatestLY. BSE listed Ward Wizard Innovations & Mobility Ltd. (BSE: 538970) is all set to witness the EV benefits with Aam Aadmi Party (AAP) Government in Delhi announcing that all ride aggregators and delivery services like Ola, Uber, Swiggy, etc. will have to mandatorily adopt electric vehicles (EV) while procuring new fleets. Business News | WardWizard Innovations Mobility Ltd. Aims to Benefit by EV Regulations for Aggregators; Announces Excellent Results.
The manufacturer of electric two-wheelers, brand ‘Joy e-bike’, sold 2,855 units of electric scooters and motorcycles, registering a growth of 502 per cent compared to October 2020.
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Wardwizard Innovation inaugurates electric two-wheelers plant; to generate 6,000 jobs ANI | Updated: Jan 29, 2021 11:56 IST
Mumbai (Maharashtra) [India], January 29 (ANI/NewsVoir): Wardwizard Innovations & Mobility Ltd. - one of the leading companies in the EV segment which owns brand including Joy e-bike and Vyom Innovation has inaugurated a new state-of-the-art facility at Vadodara, Gujarat for manufacturing electric two-wheelers.
Company has invested around Rs 45 crore in the new plant with a capacity to manufacture over 1 lakh electric two-wheelers per year in the first phase in one shift. Company has also launched 4 new models of high performance electric bikes - Beast, Thunderbolt, Hurricane and Skyline.