Electric two-wheeler maker WardWizard Innovations and Mobility Ltd on Tuesday said it will double its annual production capacity to 2 lakh units with the setting up of an assembly line at Vadodara plant.
The company, which sells electric two-wheelers under the ‘Joy e-bike’ brand, said its “new automatic assembly line will become operational from October 2021”.
With this, the annual production capacity will be increased “from one lakh units to two lakh units in a single shift”, WardWizard said in a statement without disclosing the investments on the exercise.
The production capacity can be further ramped up to 6 lakh units annually with three shifts depending on the market demand, it said.
