Wardwizard gets order from BIDC to introduce EVs in public transport

  • Industry News
  • Jun 07,24
Wardwizard Innovations & Mobility Ltd. (WIML), a prominent manufacturer of electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands in India.
Wardwizard gets order from BIDC to introduce EVs in public transport

Wardwizard Innovations & Mobility Ltd. (WIML), a prominent manufacturer of electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands in India, has secured a significant order worth $1.29 billion from Beulah International Development Corporation, one of the renowned full-service business integration companies and EPC firms in the Philippines backed by RP Connect. With this, WIML will deliver products from its existing portfolio, including the electric two-wheelers, three-wheelers in commercial and Passenger Vehicles segment and develop four-wheelers for commercial vehicles for Philippines markets. This order is part of a strategic collaboration, formalised through a Memorandum of Understanding (MoU), to revolutionise the public transportation system in the Philippines with electric vehicles.
 
The MoU was signed in the presence of Shreyas Kurhekar, Head- Production & Business Development (Exports), Wardwizard Innovations & Mobility Limited, and Nadia Arroyo, President of Beulah International Development Corporation, along with other esteemed members of both the organisations.
 
This partnership aims to transform public transport by bringing innovative electric vehicle technology to the Philippines, creating new job opportunities, and support the local economy.
 
Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., expressed his enthusiasm about the partnership, “We would like to thank Beulah International and RPConnect for showcasing their trust in our technology and robust product portfolio. India is becoming a hub of electric mobility for the global market, and such collaborations are a testament to our efforts in this direction. This opportunity will allow us to introduce our cutting-edge electric 2W Scooters, and develop 3W e-Trike (D+10), e-Trike (D+3 Passenger), e-Trike (D+5), e-Trike Cargo, Electric Mini Truck (1.5 Ton) and Golf Carts (6 & 14 seater) for the Philippines market.”
 
The partnership aligns with the Philippine Government’s Public Utility Vehicle Modernisation Program (PUVMP), an ambitious initiative led by the Department of Transportation to provide a safer and more systematic daily transportation service by replacing outdated petrol and diesel vehicles with modern electric alternatives. Through this strategic partnership, Wardwizard Innovations & Mobility Ltd and Beulah International will bring innovative electric vehicle technology to the Philippines with the objective to drastically transform the transportation landscape.
 
Nadia Arroyo, President, Beulah International Development Corporation, highlighted the economic benefits of the collaboration, “Wardwizard’s cutting-edge EV solutions will catapult the public transportation in the Philippines and we are eager to see the change. As part of the partnership, we will be facilitating electric vehicle sales and distribution in the Philippines. Besides changing the face of the transportation system, this initiative will create new employment opportunities and bring significant investment to support the local economy over the next 10 years."
 
In a joint statement, Wardwizard Innovations & Beulah International emphasised their commitment to the future of transportation in the Philippines. They showcased their willingness to play an active role in the future of transportation in the Philippines while cooperating with the government and local communities.

Related Stories

Material Handling Equipment
Optimising inventory management to reduce inventory losses this holiday season

Optimising inventory management to reduce inventory losses this holiday season

Optimising inventory management is imperative for preserving profitability and fostering stakeholder trust. Emily Newton explains in detail how to go about it.

Read more
Machine Tools & Accessories
Today, almost all EV OEMs use Emag technologies: Gururaj Patil

Today, almost all EV OEMs use Emag technologies: Gururaj Patil

We expect a significant shift in manufacturing to India due to the competitive manufacturing environment.

Read more
Heating & Cooling Equipment
Atlas Copco launches next generation of portable air compressors

Atlas Copco launches next generation of portable air compressors

The 'pressure optimiser' function automatically reduces fuel consumption during idle times, potentially saving up to 20% during 'no load' periods.

Read more

Related Products

Tata Motors unveils facilities for development of Hydrogen propulsion tech

AUTO COMPONENTS & ACCESSORIES

Tata Motors, India?s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The unveilings constitute of Read more

Request a Quote

Tata Motors plans petrol powertrain for Harrier and Safari SUVs

AUTO COMPONENTS & ACCESSORIES

Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more

Request a Quote

Electric Vehicle Charger

AUTO COMPONENTS & ACCESSORIES

RRT Electro is engaged in manufacturing of customized Power Electronic Products over two decades having capability to Design, Develop, Prototyping, Regulatory Compliance testing & Certification, Manuf Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016