Latest news with #SpeedforcEV
Time of India
2 days ago
- Automotive
- Time of India
Wardwizard Innovations secures order for 2,500 Wolf+ e-scooters for last-mile delivery
Wardwizard Innovations & Mobility Ltd. (WIML) has secured an order from SpeedforcEV for 2,500 units of its Wolf+ electric scooter to be used for fleet and last-mile delivery operations across India. This order follows a MoU between SpeedforcEV and Ferry Automotive , under which the vehicles will be leased and deployed for urban transportation and delivery services, starting in Mumbai, Pune, and Ahmedabad, with plans for further expansion. Wardwizard Innovations & Mobility, known for its electric vehicle brands 'Joy e-bike' and 'Joy e-rik', is expanding its reach in the electric vehicle market . The 2,500 units of the Wolf+ electric scooter will be deployed across key cities in India for fleet and last-mile delivery operations. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility said 'The Wolf+ model has proven to be a dependable and cost-effective solution for urban delivery and logistics, and we look forward to seeing it drive the next phase of fleet electrification across the country. Insights gathered from these deployments will further strengthen our product development and help us tailor our solutions to the evolving needs of fleet operators and delivery partners.' Kapil Bhindi, Co-Founder & Director SpeedforcEV, said 'As part of our commitment, we will lease the vehicles to Ferry Automotive, while also ensuring service, technical support and vehicle uptime. Ferry Automotive will manage third-party delivery contracts and fleet utilization.' Ferry Automotive operates its fleet under the brand name ' SCOOTERR '. The company has been building a reputation for reliability and innovation in the automotive sector for the past few years.
Business Upturn
2 days ago
- Automotive
- Business Upturn
Wardwizard Innovations receives order for 2,500 Wolf+ electric scooters from SpeedforcEV for urban deployment
By Aditya Bhagchandani Published on June 6, 2025, 12:24 IST Shares of Wardwizard Innovations & Mobility Ltd may remain in focus after the company announced it has secured an order for 2,500 units of its flagship Wolf+ electric scooter from SpeedforcEV. The scooters will be deployed across key Indian cities, including Mumbai, Ahmedabad, Delhi, and Pune, marking a major step in the company's expansion into the urban mobility and last-mile delivery segment. The deployment follows a Memorandum of Understanding (MoU) between SpeedforcEV and Ferry Automotive Pvt. Ltd., under which the leased vehicles will serve delivery and fleet operations in urban areas. The partnership includes plans for setting up service-cum-charging hubs and demo units to support the rollout. 'This order is a testament to the growing trust in our electric two-wheeler portfolio and our shared vision for a cleaner, greener future,' said Yatin Gupte, CMD of Wardwizard. The collaboration is expected to strengthen the company's role in India's electric vehicle ecosystem, especially in the commercial segment. With prior partnerships with XiCon International and Optimotion already in place, this new deal further enhances Wardwizard's positioning in the fleet electrification space. The company currently has a presence in over 400 cities under its 'Joy e-bike' and 'Joy e-rik' brands and plans to scale its operations aggressively. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
