Wardwizard and Ampvolts Collaborate to Build India’s EV Charging Network
Wardwizard Innovations & Mobility Limited, a leading Indian electric vehicle manufacturer, and Ampvolts Limited, a prominent Charge Point Operator (CPO), have announced a strategic partnership to accelerate the adoption of electric vehicles in India and international markets. The collaboration, formalized through a Memorandum of Understanding (MoU), aims to establish a robust EV charging infrastructure.
Key Points of the Partnership
The strategic partnership between Wardwizard and Ampvolts is poised to revolutionize the EV landscape in India. Key points of the collaboration include:
- Joint Development of Charging Infrastructure: The two companies will work together to identify strategic locations for setting up charging stations across the country.
- Supply of Advanced Charging Equipment: Ampvolts will provide state-of-the-art charging equipment, including AC and DC chargers, along with customized software solutions for efficient payment and monitoring.
- Battery-as-a-Service (BaaS) Solutions: Ampvolts will offer innovative BaaS solutions to Wardwizard’s B2B clients, providing flexible and cost-effective battery options.
Company Profiles
Wardwizard Innovations & Mobility Limited, India’s first listed EV manufacturing company on the BSE, operates under the popular Joy e-bike and Joy e-rik brands. With a strong presence in over 400 cities across India, the company offers a diverse range of high and low-speed electric vehicles, including more than 10 models. Ampvolts Limited, a leading Charge Point Operator (CPO), provides ARAI certified AC and DC chargers and focuses on B2B green mobility solutions. They offer innovative Battery-as-a-Service (BaaS) solutions.
Conclusion
The partnership between Wardwizard and Ampvolts signifies a significant step towards creating a robust EV ecosystem in India. By combining their expertise and resources, the two companies are well-positioned to accelerate the adoption of electric vehicles and contribute to a sustainable future.