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2/3 Wheelers
Deals7 Jun 2024, 09:34 pm

Wardwizard Innovations Secures USD 1.29 Billion Order from Beulah International to Revolutionize Philippines Public Transport with Electric Vehicles

AI Summary

Wardwizard Innovations & Mobility Limited, an Indian electric vehicle manufacturer, has secured a significant order worth USD 1.29 billion from Beulah International Development Corporation, a renowned full-service business integration company in the Philippines. The order includes delivering existing electric two-wheelers, three-wheelers, and developing four-wheelers for commercial vehicles for the Philippines markets. This strategic collaboration, formalized through a Memorandum of Understanding, aims to revolutionize the public transportation system in the Philippines with electric vehicles, create new job opportunities, and support the local economy. The partnership aligns with the Philippine Government’s Public Utility Vehicle Modernization Program.

Key Highlights

  • Wardwizard Innovations & Mobility Limited secures a USD 1.29 billion order from Beulah International Development Corporation
  • The order includes delivering existing electric two-wheelers, three-wheelers, and developing four-wheelers for commercial vehicles for the Philippines markets
  • The partnership aims to revolutionize the public transportation system in the Philippines with electric vehicles
  • The collaboration is expected to create new job opportunities and support the local economy in the Philippines
  • The partnership aligns with the Philippine Government’s Public Utility Vehicle Modernization Program
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2/3 Wheelers
Wardwizard Innovations & Mobility Ltd

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