WardWizard Innovations and Mobility Ltd, manufacturers of the country’s leading electric two-wheeler brand ‘Joy e-bike’ sold 2,055 units of electric two-wheelers in May 2022. The company has clocked a growth of 329% as compared to May’21, when the company had sold 479 units.
WardWizard recently forayed into the high-speed scooter segment with Wolf+, Gen Next Nanu+, and fleet management electric scooter Del Go.
The brand intends to cater to all kinds of electric mobility requirements in the country with this expansion. WardWizard had further signed a memorandum of understanding with Singapore-based renewable energy management consulting firm Sunkonnect in May, to set up a Li-ion advance cells manufacturing unit at its electric vehicle ancillary cluster in Vadodara. It aimed at facilitating a feasibility study and identification of potential partners. The company has also participated in and showcased the entire range of electric two-wheelers at the Electric Vehicle Exposition 2022 in Bangalore and India Auto Show 3.0 in Mumbai.
The Chairman & Managing Director of WardWizard Innovations & Mobility Ltd Mr. Yatin Gupte said, “We have streamlined and strategized our production and beginning with the deliveries of our new high-speed scooter models in a phased manner from June’22. The production of these models has already begun at our Vadodara factory.”