Wardwizard Share Price in Focus After Partnership With Ampvolts: A Leap Toward EV Charging Excellence

Share price of Wardwizard Innovations & Mobility Limited is trading up by over 3% and is near the day’s high on NSE. This rise follows the announcement of a significant partnership with Ampvolts Limited, aimed at developing cutting-edge EV charging infrastructure in India and abroad.

A Milestone Collaboration

Wardwizard Innovations, known for its Joy e-bike and Joy e-rik brands, signed a Memorandum of Understanding (MoU) with Ampvolts Limited, a leading EV charging infrastructure provider. This collaboration is poised to revolutionize green mobility by leveraging the strengths of both companies to establish a robust EV ecosystem.

Key Highlights of the Partnership

1. Strategic Role of Wardwizard:
   • Identifying prime locations for EV charging stations.
   • Serving as the front-end partner for significant projects.
   • Providing financial and operational resources for infrastructure development.
2. Ampvolts’ Contribution:
   • Supplying advanced EV charging equipment and hardware.
   • Offering customized software solutions, including payment gateways and online monitoring systems.
   • Extending their Battery-as-a-Service (BaaS) solutions to enhance Wardwizard’s B2B offerings.

Leadership Insights

Yatin Gupte, CMD of Wardwizard, emphasized the importance of the partnership in accelerating the transition to sustainable mobility. “This collaboration empowers us to offer reliable charging solutions, enhancing the EV experience for customers,” he said.

Meanwhile, Vipul Chauhan, MD of Ampvolts, highlighted Wardwizard’s extensive market presence and expertise in electric vehicle manufacturing as key enablers for delivering tailored charging solutions.

Driving Toward a Green Future

The partnership underscores a shared commitment to eco-friendly innovations and the growing demand for sustainable mobility solutions. With Ampvolts’ advanced technology and Wardwizard’s market reach, the collaboration aims to reshape the EV landscape both in India and internationally.

About Wardwizard Innovations & Mobility
As the first listed EV manufacturing entity on BSE, Wardwizard has a strong presence in over 400 cities across India. The company offers over 10 models of high- and low-speed electric vehicles under the Joy e-bike and Joy e-rik brands.

About Ampvolts Limited
Ampvolts is a leading provider of ARAI-certified EV chargers and green mobility solutions, offering innovative infrastructure for electric vehicles across diverse segments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.