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2/3 Wheelers
MoU28 May 2025, 02:34 pm

Wardwizard Innovations & Mobility Limited Signs MoU with XiCon International for Leasing 7,500 Electric Scooters

AI Summary

Wardwizard Innovations & Mobility Limited (WIML), one of India’s leading EV manufacturers, has entered into a strategic partnership with XiCon International Ltd., a Mumbai-based engineering and manufacturing company. XiCon will lease electric scooters from Wardwizard to enhance last-mile delivery solutions, marking its entry into the electric mobility sector. The MoU outlines a comprehensive framework for deployment, operation, and maintenance of the electric scooters, focusing on enhancing delivery efficiency while promoting eco-friendly transportation. This initiative is geared towards integrating smart, eco-friendly and cost-effective mobility solutions within the growing operations of Xicon in urban logistics, specifically targeting the crucial last-mile delivery sector.

Key Highlights

  • Wardwizard Innovations & Mobility Limited has signed an MoU with XiCon International Ltd.
  • XiCon will lease 7,500 units of Wardwizard’s Wolf+ model for the financial year 2025-26 & 2026-27.
  • The large-scale deployment will begin in key metropolitan cities including Mumbai, Ahmedabad, Delhi and Pune.
  • Wardwizard will manage all necessary spare parts, batteries and technical support.
  • This initiative is geared towards integrating smart, eco-friendly and cost-effective mobility solutions within the growing operations of Xicon in urban logistics.
WARDINMOBI
2/3 Wheelers
Wardwizard Innovations & Mobility Ltd

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