WardWizard sells 1,729 units of electric two-wheelers in August 2022

5 Sep 2022 , 09:16 AM

WardWizard Innovations and Mobility Ltd, the maker of the country’s leading electric two-wheeler brand ‘Joy e-bike,’ sold 1,729 units in August 2022. Comparatively, the company sold 2,001 electric two-wheelers in August of last year (2021).

The company sold 12,454 electric two-wheelers from April-August 2022.This records a 158% growth over the same period (April-August 2021) of the previous fiscal year when the company sold 4,835 units of electric two-wheelers.

Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., said, “The industry is growing faster than ever as many states are coming up with policies to minimize carbon emissions and promoting electric mobility globally.

WardWizard is simultaneously strengthening its presence with additional touchpoints across the nation. We will shortly begin operating our business operations in neighboring country Nepal as the demand for EVs grows globally. The festival season has already begun and we are witnessing more responses across our dealerships. And therefore, are anticipating a strong sales performance.”

On Monday early morning trade, WardWizard was trading flat at Rs60.85 per share on the BSE.

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