India: At the 10th Vibrant Gujarat Global Summit, Wardwizard Innovations & Mobility Ltd., a leading Indian electric vehicle (EV) manufacturer, demonstrated its new concept in advancing the EV landscape. Unveiling six concept models under the brand names "Joy e-bike" for electric two-wheelers and "Joy e-rik" for electric commercial vehicles, the company offered a glimpse into the future of sustainable transportation. The showcased concept models included two high-speed electric scooters, reinforcing Wardwizard's presence in the electric two-wheeler segment. Expanding into the commercial electric vehicle sector, the company presented concept models of a six-seater Golf Cart, a Garbage Vehicle, an E-Cart, and an E-Loader Vehicle. Introducing next-generation hydrogen fuel cell and electrolyzer technology, the company exhibited a prototype of a Hydrogen-based Fuel Cell Powered Scooter, marking a pioneering venture into alternative cell chemistry.

While still in the research and development stage, the Hydrogen-based fuel cell concept represents a significant step toward meeting the evolving needs of the next generation of users, with potential applications across various segments, including utility vehicles. The company collaboration with Triton EV highlights joint efforts to innovate in the electric vehicle sector. The State Government's initiatives, such as the Vibrant Gujarat Global Summit, are leading the transformation in sustainable mobility in India. Joy e-bike is committed to providing safe and convenient electric mobility solutions, aiming to make EVs accessible to everyone. The company sees EVs becoming a necessity in the coming years and believes that its innovative strength will revolutionize the segment, fulfilling customer demands while providing a superior experience of comfort and safe mobility.

In addition to these advancements, the company recent partnership with A&S Power focuses on advancing Next-Generation Li-ion cell technology and manufacturing GAJA Cells. These technological strides, along with the company's substantial investments as per the recently inked USD240.9 million Memorandum of Understanding (MoU) with the Government of Gujarat, include research and development of electric two and three-wheelers, establishing a motor assembly facility in Vadodara, Li-ion cell production, and the development of ancillaries for raw material manufacturing. This strategic initiative is expected to create over 5,000 employment opportunities within the state, significantly impacting both the electric mobility sector and the regional job market.

Commenting on the recent development, TechSci Research Director, Mr. Karan Chechi said, “The country is witnessing an increasing acceptance of electric vehicles, prompting major market players to engage in research and development for the introduction of competitive products. This trend is resulting in heightened investments in electric vehicle manufacturing within the nation, with government initiatives playing a pivotal role in shaping and encouraging such financial commitments. So, in the coming years, the market is expected to witness multiple innovations in their products.”