Vadodara: WardWizard Innovations and Mobility Ltd, manufacturers of the country’s leading electric two-wheeler brand, “Joy e-bike” has clocked a growth of 127% in June’22 over the last year. The company sold 2,125 units of low-speed and high-speed electric two-wheelers in June’22 as against 938 units in June’21.
It is noteworthy that the company has already sold more than 8,000 units (8,267) of electric scooters and motorcycles in the first quarter of this financial year (April – June 2022), logging a growth of 338% as compared to the same period of last financial year (April- June 2021).
Speaking on the sales performance and deliveries, Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., said, “Electric two-wheelers are becoming part of a large number of households in both the urban and semi-urban cities. However, due to varied challenges related to the unavailability of raw materials, we are unable to meet the growing market demand. Acknowledging the issues, we at Wardwizard are working towards smoothing our supply chain and reducing the waiting periods for our products. We have also started the deliveries of our high-speed electric scooters Wolf+ and Gen Next Nanu+ in a phased manner and logged the sales of more than 500 units across the states of Maharashtra, Gujarat, Rajasthan, etc. In further phases we will expand our product reach to more states across India, adding new customers to our family.”
Key Highlights of June 2022
Green Plantation Drive on World Environment Day 2022
On the occasion of World Environment Day, WardWizard, hosted a ‘Green Plantation Drive’, across its manufacturing facility and ancillary cluster in Vadodara, Gujarat. The company further pledged to plant more than 10,000 saplings and conduct multiple cleaning activities to improve the hygiene conditions of nearby areas