·         Partners with SpeedForcEV to deploy electric two wheelers, offering technology-driven solutions for delivery partners and fleet operators.

·         Strengthens EV Charging Infrastructure Through Strategic Collaboration with AmpVolts

·         Plans to enter Ride-Hailing Sector with Deployment of L5 Passenger Electric Three-Wheelers in Maharashtra in partnership with Cabeys.

Bengaluru, March 27, 2025: Wardwizard Innovations & Mobility Limited, a leading electric vehicle manufacturer operating under the brands ‘Joy e-bike’ and ‘Joy e-rik’, is further strengthening its presence in fleet operations and last-mile delivery mobility. Following the successful deployment of 100 electric two-wheelers in Hyderabad, the company, in partnership with SpeedForcEV, is now deploying 400 electric two-wheelers across Kolkata, Pune, and Ahmedabad.

The success of the Hyderabad deployment has generated significant demand from various industry players and regions across India. Wardwizard’s comprehensive end-to-end solutions, coupled with its extensive service network, have ensured record uptime for vehicles, enhancing operational efficiency and enabling delivery partners to exceed revenue expectations. This latest expansion will further strengthen the Quick Commerce and E-Commerce sectors by optimizing delivery operations for leading industry players.

Expanding beyond two-wheelers, Wardwizard, in collaboration with SpeedForcEV and Cabeys (a ride-hailing platform), will also deploy 200 L5 passenger electric three-wheelers in Maharashtra. This initiative aims to provide auto drivers with greater earning opportunities while offering daily commuters faster and more cost-effective transportation options.

Additionally, Wardwizard Innovations & Mobility has recently collaborated with AmpVolts, a key partner instrumental in this expansion. AmpVolts’ extensive EV charging network will play a crucial role in ensuring seamless operations for the deployed fleet, further reinforcing Wardwizard’s commitment to building a comprehensive and sustainable EV ecosystem.

Speaking on the expansion, Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Limited, said, “The noteworthy success of our Hyderabad deployment has proven the efficiency and reliability of our integrated fleet solutions. With the deployment of 400 electric two-wheelers and the plan to deploy 200 L5 passenger electric three-wheelers in the ride-hailing sector, we are enhancing efficiency for both delivery partners and daily commuters through reliable, high-performance EVs. Features like a long-range battery and seamless charging make it an ideal solution for last-mile mobility. With low operational costs, our fleet partners can maximize savings while contributing to a greener future. We aim to deploy 5000 L5 Passenger electric three-wheelers in the ride-hailing sector across various Indian states in FY 25-26. Our partnerships with SpeedForcEV, AmpVolts and Cabeys strengthen our vision of making electric mobility accessible, reliable, and financially rewarding for all stakeholders.”

With this latest expansion, Wardwizard Innovations and Mobility Limited is set to redefine last-mile delivery mobility and expand into the ride-hailing sector while reinforcing its position as a pioneer in India’s electric fleet ecosystem. Looking ahead, the company plans to accelerate its deployment strategy, targeting a larger fleet presence across key metropolitan cities and expanding its partnerships to further integrate smart mobility solutions into India’s logistics landscape.

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Bengaluru, March 17, 2025: Wardwizard Innovations & Mobility Limited (WIML), a leading manufacturer of electric vehicles under the brands ‘Joy e-bike’ and ‘Joy e-rik’, has been recognized with the prestigious ‘Inspiring SME of the Year Award – Manufacturing & Service Sectors’ at the 23rd Edition of the India SME Excellence Awards, organized by the SME Chamber of India.

The award was presented by Shri C. P. Radhakrishnan, Hon’ble Governor of Maharashtra, in the presence of esteemed dignitaries, including Shri Uday Samant, Hon’ble Minister for Industries, and other prominent industrial leaders. This recognition acknowledges Wardwizard Innovations & Mobility Limited’s remarkable achievements and contributions to economic and industrial growth.

The SME Chamber of India applauded the company’s continuous efforts in business growth, expansion, and its commitment to innovation in the electric mobility sector. Wardwizard Innovations & Mobility Limited remains dedicated to driving sustainable advancements in the industry, furthering India’s transition to clean mobility solutions.

Expressing gratitude for the recognition, Mr. Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, said, “This award is an affirmation to our relentless pursuit of innovation and excellence in the electric vehicle sector. We are honored to be recognized for our contribution to economic and industrial development. This achievement motivates us to continue our mission of shaping the future of sustainable mobility in India.”

The India SME Excellence Awards celebrate outstanding SMEs that demonstrate excellence in business performance, industry impact, and innovation. This year’s event underscored Maharashtra’s pivotal role in shaping the nation’s economic future by fostering sustainable industrial growth and entrepreneurial leadership. With participation from industry stalwarts and government dignitaries, the summit reinforced the collective commitment to advancing India’s economic development.

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Bengaluru, February 10, 2025: Wardwizard Innovations & Mobility Limited (WIML), a leading manufacturer of electric vehicles under the brands ‘Joy e-bike’ and ‘Joy e-rik’, sold 3,830 electric two-wheelers, including both high-speed and low-speed models, in January 2025, recording an 18.76% year-on-year growth from 3,225 units sold in January 2024.

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The collaboration aims to develop advanced battery cells customized to meet the specific performance requirements of Wardwizard Innovations’ electric vehicle portfolio, including high-speed scooters and three-wheelers. Leveraging C4V’s expertise in high charging cycle battery pack architecture and cells, insights into the right chemical combinations, and breakthroughs in highly stable LFP (Lithium Iron Phosphate) batteries optimized for India’s climatic conditions, the partnership promises to deliver high-performance battery solutions for electric vehicles.

Under the MoU, Wardwizard Innovations and C4V will work together to define product specifications, develop prototypes, and conduct rigorous testing to ensure superior performance and reliability. Additionally, the partnership highlights a shared commitment to localizing manufacturing in India, supporting the ‘Make in India’ initiative while fostering innovation in sustainable energy solutions.

Speaking on the occasion, Mr. Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, said, “This partnership with C4V Holdings LLC is a milestone in our journey to revolutionize the EV ecosystem. By collaborating on cutting-edge battery technology, we aim to deliver innovative and sustainable solutions for our customers while contributing to India’s green mobility vision. This MoU reaffirms our commitment to localization and advancing technological capabilities in the EV industry.”

On this occasion, Dr. Shailesh Upreti, CEO of C4V, said, “We are excited to partner with Wardwizard Innovations to bring our advanced battery technology to India. This collaboration provides C4V with a valuable opportunity to establish supply agreements not only in India but also in other key regions. By leveraging Wardwizard’s expertise and market presence, we aim to deliver high-performance battery solutions that drive innovation and growth for both companies while supporting the global transition to sustainable energy.”

This partnership positions Wardwizard Innovations and C4V as key players in the development of advanced EV batteries, with plans to localize production in India while catering to global markets. By leveraging their expertise and resources, the two companies are poised to accelerate the adoption of electric mobility, contributing to a cleaner and more sustainable future.

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Noteworthy, the company has already sold more than 6K (6,006) units of electric two wheelers, including high and low speed models in the first five months (April- August 2024) of this financial year.

Mr. Yatin Gupte, Chairman and Managing Director of Wardwizard Innovations & Mobility Limited, said, “With the beginning of the festival season, we are already witnessing high footfall and enquiries for our diverse range of product portfolio. As the market sentiments looks positive, we are expecting strong growth in the coming months especially with Navratri, Diwali and Bhaidooj. In the preparation of increased demand during these months, we are ensuring that all our deals across the region are well stocked with all the models.”

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