Wardwizard to set up EV manufacturing plants in Saudi Arabia

Wardwizard to set up EV manufacturing plants in Saudi Arabia

Shares of Wardwizard Innovations & Mobility Ltd rose to ₹55.11 on Monday, following a high of ₹57.45, 4% gain. The increase followed the company's announcement of a Letter of Intent (Lol) to form a joint venture in Saudi Arabia. The venture will establish two electric vehicle assembly plants and an EV cell plant.