The popularity and demand for electric vehicles has increased rapidly in India in the recent past. And especially among them the popularity and demand of electric two-wheelers. Due to this, along with many big companies of the country and abroad, many small companies of the country are also performing well. These companies also include WardWizard Innovations and Mobility, an electric vehicle manufacturer based in Gujarat. This company manufactures electric bikes and electric scooters of the Joy e-Bike brand. Talking about the sales of December 2021, this company has done well.
How many units were sold?
Wardwizard Innovation & Mobility performed well in December 2021, selling a total of 3,860 units of electric bikes and electric scooters. With this, the company ended 2021 in a grand manner.
record profit recorded
With total sales of 3,860 units in December, Wardwizard Innovation & Mobility created a new record of profit in sales. The company had sold only 596 units in December 2020. In such a situation, in December on a year to year basis, the company sold a total of 3,265 units more. Due to this the company has seen a record profit of 548% in sales. This is the biggest increase so far in the company’s sales history.
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Also made a new record of quarterly sales
WardWizard Innovation & Mobility created a new sales record in the October-November-December quarter of last year along with a record profit in sales in December 2021. The company sold a total of 10,000 units of electric bikes and scooters during this period, which is the company’s highest quarterly sales so far.
company objective
Talking about this, Sheetal Bhalerao, Chief Operations Officer (COO), Wardwizard Innovation and Mobility, said that the company aims to further strengthen its position in the electric vehicle market across the country in the times to come. Along with this, the company is also preparing an investment plan to make electric mobility easy and convenient for the people.
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Wardwizard Innovation & Mobility has also taken note of the growing demand for high-speed electric scooters in the country. Due to this, the company is about to launch its first ‘Made-in-India’ high-speed electric scooter at the upcoming Vibrant Gujarat Global Summit.
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