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WardWizard, intends to set up a lithium-ion cell facility

Monday, 12 Dec 2022
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The Vodadara based electric two-wheeler manufacturer, WardWizard plans to set up a lithium-ion cell manufacturing plant in India.

WardWizard would invest around Rs 700 crore over the next two years in its proposed lithium-ion battery unit with an annual capacity of 1GW. To begin with, it will assemble the batteries in India from January 2023.

The company currently sells 14 models of electric two-wheeler in India. It intends to diversify into the three-wheeler segment in the near future.

 
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