Mumbai, 8th July 2023: Wardwizard Innovations & Mobility Ltd., India’s leading manufacturer of electric vehicles under the brand name “Joy e-bike’, has clocked a growth of 19% in June’23 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 the company sold 2,125 units in June’22.
The company further observed a month-on-month growth of 475% as compared to May’23, when the company had sold 532 units of electric two-wheelers.
Speaking on the sales performance and deliveries, Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & 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.”