Wardwizard & Triton Forge Strategic Partnership For EV Manufacturing


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350Z

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Wardwizard Innovations & Mobility, manufacturer of electric vehicles under the ‘Joy e-bike’ brand in India has signed a Memorandum of Understanding with Triton EV, a U.S. based electric vehicle manufacturer.
  • This strategic collaboration spans five years and aims to revolutionize the electric vehicle landscape in both India and the UAE.
  • Under this strategic alliance, Triton EV has selected Wardwizard as its manufacturing partner for Battery Operated trucks in India and UAE.
  • Furthermore, WIML will expand its manufacturing capabilities to produce two-wheelers and three-wheelers for Triton EV. The collaboration emphasizes a shared commitment to fostering the growth of the EV industry.
  • Triton EV's commitment includes the Transfer of Technology for hydrogen battery packs used in two and three-wheelers, coupled with vital technology assistance for setting up production lines and expansion in India.
  • A unique aspect of this collaboration is agreement to share respective vendors and suppliers, ensuring a seamless and efficient business operation. WIML will play a pivotal role in vendor development for both parties.
Wardwizard -Triton-Partnership.JPG

Mr. Yatin Sanjay Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., expressed, “In line with our commitment to grow sustainable mobility and encourage the use of electric vehicles, we are delighted to partner with Triton EV (TEV), one of the leading EV manufacturers in the United States of America. Under the partnership, we are poised to combine our manufacturing expertise with Triton's cutting-edge technology, redefining the electric vehicle landscape in the market. WardWizard shall support TEV in manufacturing electric trucks, two & three-wheelers for the India and UAE market from its state-of-the-art facility in Vadodara. We are confident that this association will boost the 'Make-in-India' initiative and pave the way for advanced products.”

Mr. Himanshu Patel, Founder, Triton EV, stated, “This Memorandum of Understanding (MoU) marks a significant milestone in our expansion plan as we enter new markets. India is leading from the front in EVolution, and we are delighted to partner with WardWizard, which comes with a skilled workforce and one of the best manufacturing capabilities. This association will not only help strengthen our presence across the Indian and UAE markets but will also support the EV industry's growth with advanced products and cutting-edge technology.”
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350Z
 

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