Wardwizard Innovations & Mobility Limited, the manufacturer of electric vehicles under the brands 'Joy e-bike' and 'Joy e-rik,' has signed a Memorandum of Understanding (MoU) with New York-based C4V, a specialist in lithium-ion battery technology. The collaboration focuses on developing advanced battery solutions to enhance the performance of electric vehicles (EVs) and align with India’s green mobility goals.
The partnership will develop high-performance battery cells tailored for Wardwizard’s EVs, including high-speed scooters and three-wheelers. C4V will leverage its expertise in high-charging cycle battery architecture, optimized chemical compositions, and stable Lithium Iron Phosphate (LFP) batteries, specifically designed for India’s climatic conditions.
Both companies will work together to define product specifications, develop prototypes, and conduct rigorous testing to ensure reliability and efficiency. The agreement also emphasizes localizing battery production in India, supporting the ‘Make in India’ initiative and promoting sustainable energy solutions.
Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, stated that the partnership reinforces the company’s focus on localization and technological advancement to support India’s EV ecosystem.
Dr. Shailesh Upreti, CEO of C4V, expressed excitement about the collaboration and the opportunity to bring cutting-edge battery technology to India, emphasizing its potential to support India’s green mobility mission and create new supply opportunities. This partnership aims to position Wardwizard and C4V as key players in advanced EV battery development while expanding localized production to cater to domestic and global markets.
Wardwizard Innovations & Mobility Limited, a listed EV manufacturer, offers over 10 eco-friendly electric vehicle models across high- and low-speed categories. Operating in more than 400 cities across India, the company is committed to reducing carbon emissions and has plans for further expansion.