These developments exemplify the company's constant efforts to enhance product offerings for its customers and advancing its vision of establishing an EV Ancillary. This strategic advancement is in harmony with the establishment of Wardwizard Global, the R&D Centre of Excellence in Singapore. Furthermore, a notable milestone of this journey has also been the commencement of 1GWh capacity, as a part of the Phase I development of EV Ancillary Cluster and in line with fulfilling the larger vision of sustainable EV manufacturing in India.
This collaboration will be extended further for ongoing research and development, as well as joint technological innovation at the Wardwizard's Global advanced Li-ion cell Research Centre in Singapore. This collaboration will also focus on increasing the production capacity and simplifying the efficient supply of high quality next-gen Li-ion cells. A&S Power will also give technical help in the establishment of a collaborative production line, allowing Wardwizard to expand its manufacturing capabilities in India.