The company sells electric two-wheelers under the brands ‘Joy e-bike’ and ‘Joy e-rik.’ In January 2025, it reported sales of 3,830 electric two-wheelers, up by 18.76% compared with January 2024 when the company had sold 3,225 units.
The product line Is further divided into high-speed and low-speed electric two-wheelers, aiming toward a different target of the consumer group interested in environmentally friendly ways to commute. Growth in sales in the recent past gives courage to consumers in the Joy e-bike brand and indicates trends toward greener, sustainable mobility solutions.
Along with the above-mentioned sales feat, Wardwizard Innovations & Mobility Limited has signed a Memorandum of Understanding (MOU) with New York-based lithium-ion battery technology company C4V, which offers battery cell design and its optimization to upgrade the technology capability of the company in providing support for the development of high-end battery solutions for its electric vehicles.
2025 has started on a great note for us, with electric two-wheeler sales up 18.76%. This indicates that confidence in the Joy e-bike brand is on the rise as we move toward a greater green mobility. With the government’s initiatives toward the improvement of the EV ecosystem and eco-friendly transportation, I am hopeful that the business would remain on the growth track. The increasing sale numbers for our electric three-wheelers highlight the demand for cost-effective and sustainable mobility solutions. We, at Wardwizard, are committed to exploring new innovations in line with propelling India towards being greener,” stated Yatin Gupte, the Chairman & Managing Director, Wardwizard Innovations & Mobility Limited.
This gives the company more positives, along with recent government intervention in the field of electric vehicle development and matched against carbon emission reduction in the country. With the electric vehicle market still in its infancy stage in India, companies such as Wardwizard Innovations & Mobility Limited are in a pole position to maximize commercial benefits.
