The firm manufactures the Joy e-bike vary, and is about to launch the model’s first “Made in India” high-speed electrical scooter in January 2022.
see photographsWardWizard Innovation & Mobility registers 548 p.c year-on-year gross sales development
Wardwizard Innovation and Mobility Limited, which manufactures a variety of electrical two-wheelers beneath the model identify Joy E-Bike, has reported gross sales of three,860 models in December 2021. According to an announcement, the corporate is seeing the fast development of Electric. The two-wheeler phase, and registered a year-on-year development of 548 per cent as in comparison with December 2020, when the entire gross sales stood at 595 models. The firm says that it has already offered over 17,000 models (17,376) of electrical scooters and electrical bikes within the first three quarters (April to December 2021) of the present monetary yr.
Read additionally: WardWizard will make investments ₹ 500 crore in Gujarat
Wardwizard Innovation & Mobility has a variety of electrical scooters
Read additionally: Wardwizard offered 3,290 electrical two-wheelers in November 2021
The firm mentioned that this is a rise of 570 p.c in comparison with the gross sales of the identical interval of the earlier monetary yr (April to December 2020). Sales for the third quarter (October to December 2021) crossed 10,000 models for the primary time ever for WadWizard Innovations & Mobility Ltd.
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In 2021, the corporate introduced to extend the annual manufacturing capability from 1 lakh models to 2 lakh models in a single shift with new automated meeting line at its manufacturing plant from October 2021. The firm additionally signed a Memorandum of Understanding (MoU) with it. Government of Gujarat with an funding of ₹500 crore for analysis and improvement of electrical automobiles in Gujarat. The firm inaugurated 20 new dealerships in Gujarat, entered the market in Assam with two dealerships in Guwahati, and opened three company-owned unique expertise facilities in Pune, Maharashtra.
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With inputs from NDTV
