Indian electric vehicle manufacturer Wardwizard Innovations and Mobility has announced plans to form a joint venture in Saudi Arabia. The initiative aims to establish both an assembly plant and an EV cell plant in the kingdom.
The assembly plant will initially produce electric two-wheelers, three-wheelers, and four-wheelers, with future plans to include electric buses. The EV cell plant will focus on manufacturing electric vehicle cells.
Wardwizard did not disclose the financial details of the joint venture agreement.