WIML will supply products from its current lineup, such as E2Ws and E3Ws, for the commercial and passenger vehicle sectors and will also develop four-wheelers for commercial purposes in the Philippine market.
Wardwizard Innovations & Mobility Ltd (WIML) has successfully secured a substantial order valued at USD 1.29 billion from Beulah International Development Corporation. Beulah International, supported by RP Connect, operates as a comprehensive business integration and EPC firm in the Philippines.
The agreement was established through a Memorandum of Understanding (MoU) signed by Shreyas Kurhekar, Head of Production and Business Development (Exports) at Wardwizard Innovations & Mobility Limited, and Nadia Arroyo, President of Beulah International Development Corporation, along with other prominent members from both companies.
The partnership aims to introduce advanced electric vehicle technology in the Philippines, poised to transform public transportation, generate employment, and bolster the local economy.
Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Ltd, expressed gratitude towards Beulah International and RP Connect for their confidence in the company’s technology and strong product lineup. He highlighted that India is evolving into a global centre for electric mobility, and such partnerships demonstrate the effectiveness of these endeavours. This collaboration will facilitate the introduction of state-of-the-art electric two-wheel scooters and the development of three-wheeler e-trikes, cargo e-trikes, electric mini trucks, and golf carts for the Philippine market.
The partnership is in sync with the Philippine Government’s Public Utility Vehicle Modernization Program (PUV con MP), spearheaded by the Department of Transportation. This program is designed to enhance and systematise daily transport services by replacing old petrol and diesel vehicles with modern electric alternatives.
Nadia Arroyo, President of Beulah International Development Corporation, commented that Wardwizard’s innovative EV solutions will revolutionise public transportation in the Philippines. She is excited about the upcoming changes. Through this partnership, they will also facilitate electric vehicle sales and distribution in the Philippines. This initiative is set to transform the transportation infrastructure, create new jobs, and draw significant investment to support the local economy over the coming decade.