WardWizard Innovations and Mobility has reported an over eight-fold jump in sales at 4,087 units in April, 2022. The company, which sells electric two-wheelers under the 'Joy e-bike' brand, had sold 472 units in the same month last year.
The company has started the new financial year with a strong momentum. However, due to varied challenges related to the unavailability of raw materials, it is unable to meet the growing market demand. To combat this, the company assured its partners with alternative solutions. It is further seeing substantial demand for electric two-wheelers and its models. The company has added 40 touch points across markets such as Gujarat, Maharashtra, Uttar Pradesh and Madhya Pradesh in April.
Wardwizard Innovations and Mobility is an innovation-driven company which is India's First BSE listed EV manufacturing company.
