WardWizard lines up Rs 500 crore investment in Gujarat

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WardWizard Innovations and Mobility Ltdon Monday said it will invest Rs 500 crore for the development of the electric vehicle segment in Gujarat. The company said it has inked a memorandum of understanding (MoU) with theGujaratgovernment to foster the Growth of the electric vehicle and

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meet the government’s vision of strengthening green mobility in the state.

The MoU was inked during the Vibrant Gujarat Global Summit 2022 in Gandhinagar, it added.

EV ancillary will work as a solution and ease the supply chain while decreasing the dependency on imports.