Expanding its network under brand name “Joy e-bike”, Wardwizard Innovations and Mobility Ltd., has begun the operations of a lithium-ion battery assembly line with a capacity of 1 GWh.
This move comes under the Phase 1 development of the EV Ancillary Cluster at Vadodara, Gujarat.
Under the phased development plan of the EV ancillary cluster, the battery assembly line with a capacity of 1 GWh is a strategic move on the part of the company.
It has been done with a vision to ensure the highest quality standards where the company can have direct control over the quality and standards of their battery packs.
Further, with this move, the company has taken a step to solidify its contribution to the existing EV ecosystem. The company has accomplished the target of rolling out the first batch of assembled battery packs recently from this unit.
Elaborating on the development, Yatin Gupte, Chairman, and Managing Director of Wardwizard Innovations Mobility Ltd. commented, “We are pleased to announce the commencement of our battery assembly line, which was an integral target for FY 2022–2023. As we are observing rising demand for EVs, quality, and safety are of utmost priority, and with our in-house battery assembly line, Wardwizard is a step closer to contributing to EVolution. This step will further make EVs more affordable than before. We are actively working on scaling the capacity of our battery assembly and starting the manufacturing of other components, including chassis, motors, and steel parts, as well as lithium-ion cells, in the near future.”
The company further plans to expand its R&D operations and production of electronic components in the EV Ancillary Cluster.
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