India’s Wardwizard Innovations Wins $1.29B to Revolutionize Philippines Transport with EVs

India's Wardwizard Innovations Wins $1.29B to Revolutionize Philippines Transport with EVs

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Bengaluru based Wardwizard Innovations Wardwizard Innovations e1718047867247& Mobility Ltd. (WIML), known for its electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands in India, secured mega USD 1.29 billion order from Beulah International Development Corporation, a prominent business integration company in the Philippines backed by RP Connect. The collaboration aims to revolutionise Philippines’ public transportation system by introducing electric vehicles.

The MoU, signed by Mr. Shreyas Kurhekar, Head of Production and Business Development (Exports) at Wardwizard Innovations & Mobility Limited, and Ms. Nadia Arroyo, President of Beulah International Development Corporation, marks a strategic effort to bring innovative electric vehicle technology to the Philippines and create new job opportunities.

MoU SigningYatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Ltd., expressed enthusiasm about the partnership, its significance in introducing advanced electric vehicle solutions to the Philippines market.

The partnership aligns with the Philippine Government’s Public Utility Vehicle Modernization Program (PUVMP) to replace outdated petrol and diesel vehicles with modern electric alternatives, promoting safer and more sustainable transportation.

Ms. Nadia Arroyo, President of Beulah International Development Corporation, highlighted the economic benefits of the collaboration, expressing eagerness to see the transformation in the transportation sector.

Wardwizard Innovations & Beulah International emphasised their commitment to shaping the future of transportation in the Philippines while collaborating with the government and local communities.

e joyAbout Wardwizard Innovations & Mobility Limited: Wardwizard Innovations & Mobility Ltd. is India’s leading auto manufacturing company in the Electric Vehicle (EV) segment under the brand name Joy e-bike. The company aims to offer cleaner, greener transportation options with its diverse portfolio of electric vehicles.

About Beulah International Development Corporation: Beulah International Development Corporation (BEULAH) is a leading full-service business integrator in the Philippines, specializing in sustainability and renewable energy. Committed to reducing costs through renewable energy solutions, BEULAH delivers sustainable projects tailored to meet unique client needs.

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