Wardwizard’s Joy e-bike clocks 19% growth in June 2023

Hyderabad: Wardwizard Innovations and Mobility Ltd. India’s leading manufacturer of electric vehicles under the brand name ‘Joy e-bike’ has clocked a growth of 19 per cent in 23 June over the last year. The company sold 2,529 units of low-speed and high-speed electric two wheelers in June 23 as compared to last year where company sold 2,125 units in 22 June. The company further observed a month on month growth of 475 per cent as compared to 23 May, when the company had sold 532 units of electric two wheelers.

Speaking on the sales performance and deliveries, Yatin Gupte, Chairman and Managing Director, Wardwizard Innovations and Mobility Ltd., said, “We are observing that electric two-wheelers are experiencing a surge in traction from this month, reflected in the rising footfall and inquiries flooding our dealerships. As the festive season draws near, we expect this trend to gain even more momentum, resulting in remarkable sales figures. To capitalize on this growing demand, we are strategically establishing new distributor dealerships across multiple tier 2 and tier 3 cities in India during quarter 2. With resolute confidence, we envision sustained momentum that will firmly establish our leadership in the electric mobility sector.”

With more than 10 models in its portfolio in both high and low-speed categories, the company has established a strong presence in more than 55 major cities across India and aspires to boost this number throughout the country.