Wardwizard Innovations & Mobility Expands EV Portfolio and Targets International Markets

2024-03-27
Wardwizard Innovations & Mobility Expands EV Portfolio and Targets International Markets

Wardwizard Innovations & Mobility, the Indian manufacturer of electric two-wheelers and three-wheelers, is making significant strides in expanding its product offerings and exploring next-generation technologies. The company, known for its ‘Joy e-bike’ and ‘Joy e-rik’ brands, is set to develop a hydrogen-fueled electric scooter in the next 2-3 years. This move aligns with the industry’s growing interest in hydrogen fuel cell technology, primarily tested by major automakers for larger vehicles.

The hydrogen scooter, with a range of 50 kilometers, will feature an external electrolyser to charge the on-board fuel cell, which powers the motor. This innovative approach to utilizing hydrogen as a fuel source showcases Wardwizard Innovation’s commitment to sustainability and technological advancement.

Alongside its focus on hydrogen-powered vehicles, Wardwizard Innovations is actively expanding its electric vehicle portfolio in both high-speed and low-speed segments. However, the company emphasizes the crucial role of government support in driving mass adoption of electric vehicles throughout India. Challenges such as battery technology advancements, robust charging infrastructure, and affordability call for sustained fiscal support from the government to accelerate the transition to clean mobility.

With its current manufacturing facility in Gujarat, Wardwizard Innovations has an annual capacity of around 4 lakh units. The company also plans to establish a new 100-acre EV ancillary cluster in Gujarat, focusing on maximizing production from its existing facilities.

In addition to domestic expansion, Wardwizard Innovations recognizes the potential for international markets as countries worldwide transition away from fossil fuels. Markets such as Sri Lanka, Bangladesh, Nepal, and Africa show interest in Wardwizard Innovation’s electric vehicles. Inquiries are also coming in from regions like Chile, Brazil, Colombia, Europe, and the Middle East, where the recent deployment of electric taxis in the UAE highlights the growing acceptance of electric mobility.

As Wardwizard Innovations continues to strengthen its position in the electric vehicle market, the company remains committed to maximizing capacity utilization in its existing facilities before considering further expansion.

The electric vehicle industry in India is experiencing significant growth, with Wardwizard Innovations & Mobility at the forefront of this expansion. The company is not only diversifying its product offerings by developing a hydrogen-fueled electric scooter, but it is also actively expanding its electric vehicle portfolio.

Hydrogen fuel cell technology is gaining traction in the automotive industry, particularly for larger vehicles. Wardwizard’s hydrogen scooter, which is set to be developed in the next 2-3 years, will have a range of 50 kilometers and will feature an external electrolyser to charge the on-board fuel cell. This innovative approach demonstrates the company’s commitment to sustainability and technological advancement.

Despite this focus on hydrogen-powered vehicles, Wardwizard Innovations recognizes the importance of government support in driving the mass adoption of electric vehicles in India. Challenges such as battery technology advancements, robust charging infrastructure, and affordability require sustained fiscal support from the government to accelerate the transition to clean mobility.

Currently, Wardwizard Innovations has an annual manufacturing capacity of around 4 lakh units at its facility in Gujarat. To further maximize production, the company plans to establish a new 100-acre EV ancillary cluster in Gujarat. This expansion will enable Wardwizard to meet the growing demand for electric vehicles in India.

Beyond the domestic market, Wardwizard Innovations is also exploring opportunities in international markets. Countries like Sri Lanka, Bangladesh, Nepal, and Africa have shown interest in the company’s electric vehicles. Inquiries are also coming in from regions such as Chile, Brazil, Colombia, Europe, and the Middle East. The recent deployment of electric taxis in the UAE is a testament to the growing acceptance of electric mobility worldwide.

As Wardwizard Innovations continues to strengthen its position in the electric vehicle industry, the company is prioritizing the maximization of capacity utilization in its existing facilities. This focus on optimizing production before considering further expansion demonstrates the company’s commitment to efficiency and sustainable growth.

For more information about Wardwizard Innovations & Mobility and its electric vehicle offerings, please visit Wardwizard Innovations & Mobility.

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