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Wardwizard Innovations secures order worth $1.29 billion from Beulah International

07 Jun 2024 Evaluate

Wardwizard Innovations & Mobility has secured a significant order worth $1.29 billion from Beulah International Development Corporation, one of the renowned full-service business integration companies and EPC firms in the Philippines backed by RP Connect. With this, the company will deliver products from its existing portfolio, including the electric two-wheelers, three-wheelers in commercial and Passenger Vehicles segment and develop four-wheelers for commercial vehicles for Philippines markets. This order is part of a strategic collaboration, formalized through a Memorandum of Understanding (MoU), to revolutionize the public transportation system in the Philippines with electric vehicles.

This partnership aims to transform public transport by bringing innovative electric vehicle technology to the Philippines, creating new job opportunities, and support the local economy. The partnership aligns with the Philippine Government’s Public Utility Vehicle Modernization Program (PUVMP), an ambitious initiative led by the Department of Transportation to provide a safer and more systematic daily transportation service by replacing outdated petrol and diesel vehicles with modern electric alternatives. Through this strategic partnership, Wardwizard Innovations & Mobility and Beulah International will bring innovative electric vehicle technology to the Philippines with the objective to drastically transform the transportation landscape.

Wardwizard Innovations & Mobility is an innovation-driven company which is India's First BSE listed EV manufacturing company.


Wardwizard Innovat. Share Price

8.74 -0.36 (-3.96%)
17-Apr-2026 16:59 View Price Chart
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