Wardwizard Innovations and Mobility plans a joint venture in Saudi Arabia for electric vehicle assembly, expansion to buses, and EV cell production.

Wardwizard Innovations and Mobility, an Indian electric vehicle manufacturer, plans to form a joint venture in Saudi Arabia to establish assembly plants for electric two-wheelers, three-wheelers, and four-wheelers, with potential expansion into electric buses. The venture will also include a plant for producing EV cells. The company has received a Letter of Intent but has not disclosed the financial details. This initiative supports Saudi Arabia's goals for sustainable transportation.

September 06, 2024
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