• The company registers a YoY growth of over 160%
• Started deliveries of its high speed electric two-wheelers Wolf+ and Gen Next + in June 2022

MUMBAI, AUGUST 2, 2022 (GPN): WardWizard Innovations and Mobility Ltd, manufacturer of country’s leading electric two-wheeler brand ‘Joy e-bike’, sold 2,458 units of electric two-wheelers in July 2022. With this, the company registered a year on year growth of 160% as compared to July 2021, when it had sold 945 units of electric two-wheelers.

Noteworthy, the company has already sold more than 10K (10,725) units of electric two wheelers in the first four months (April-July 2022) of this financial year, witnessing the growth of 263% as compared to same period (April-July 2021) of last financial year.

Speaking on the sales performance, Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., said, “With the economy growing and with positive momentum in business operations, we are observing high engagement from the customers across all our touchpoints in the form of enquiries and bookings. In the first four months, we have already crossed the sales mark of 10k and with the festive season coming around, we are expecting the second quarter to grow at a much faster rate.”

 

Key Highlights of July 2022
New campaign launch, #BharatKaJoy	Capturing the emotions of millions of Indians across different landscapes, Wardwizard unveiled its new brand campaign #BharatkaJoy with the anthem ‘Saath Chalein’.
Commencement of the deliveries of High-speed electric two-wheelers	Wardwizard has also started the deliveries of its 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 June 2022.

About WardWizard Innovations & Mobility Limited

WardWizard Innovations & Mobility Ltd is a leading auto manufacturing company in the Electric Vehicle (EV) segment under the brand name Joy E-Bike. Being the first listed entity on BSE in Electric Vehicle manufacturing, it is mainly focused on the growth potential in the Indian EV segment to provide clean and greener alternatives to the existing usage of mobility, aligned with its philosophy of driving a positive change. Through Joy E-Bikes, the Company has been providing a greener alternative to traditional fuel-driven bikes. It has footprints in more than 25 major cities across India and aspires to boost this number throughout the country.