Mumbai, November 25, 2024: Wardwizard Innovations & Mobility Limited, one of India’s leading electric vehicle manufacturers operating under the brands Joy e-bike and Joy e-rik, has signed a Memorandum of Understanding (MoU) with Ampvolts Limited; formerly Quest Softech (India) Limited, a prominent EV charging stations and infrastructure provider. This strategic collaboration aims to advance green mobility solutions by leveraging the synergies of both organizations to develop robust EV charging infrastructure in India and globally.
As part of the agreement, Wardwizard Innovations & Mobility Limited will play a pivotal role in identifying strategic locations for setting up EV charging stations and serving as the front-end partner for key projects. The company will also ensure the provision of necessary resources, including financial support, to bolster the development of a comprehensive EV ecosystem.
Ampvolts Limited will complement this partnership by supplying state-of-the-art electric vehicle charging equipment, including chargers and associated hardware, to Wardwizard Innovations & Mobility Limited. They will also provide customized CMS software solutions to facilitate payment gateways and online monitoring systems. The company will also extend its Battery as a Service (BaaS) offerings to Wardwizard’s B2B clients, delivering innovative and comprehensive solutions to enhance business operations.
Speaking on the partnership, Mr. Yatin Gupte, Chairman and Managing Director, Wardwizard Innovations & Mobility Limited, said, “This partnership is a step forward in our mission to create a robust and sustainable EV ecosystem. ampvolts’ expertise in developing customized charging infrastructure solutions will empower us to offer our customers reliable and efficient charging options, enhancing their overall EV experience. Together with ampvolts, we are committed to accelerating the transition to green mobility by delivering integrated solutions that empower businesses and individuals to adopt electric vehicles confidently.“
Echoing similar sentiments, Mr. Vipul Chauhan- Managing Director, Ampvolts Limited, stated, “We are happy to partner with Wardwizard Innovations & Mobility Limited in this strategic collaboration, which marks a transformative step toward advancing green mobility. Wardwizard’s deep expertise in electric vehicle manufacturing and their well-established presence in the market provide us with invaluable insights and opportunities to expand our reach and impact. By leveraging our cutting-edge technologies and value propositions as well as their strong customer base and understanding of mobility needs, we can tailor our charging equipment and software solutions to deliver maximum value.”
This strategic partnership highlights a shared commitment to building a sustainable future, fostering innovation, and meeting the growing demand for eco-friendly mobility solutions.
