WardWizard Registers 13% Hike In Sales With 2855 Units In Oct’21

Riding on the high demand for its electric scooters and motorcycles, WardWizard Innovations and Mobility Ltd (BSE Code: 538970) – electric two-wheeler manufacturer with the ‘Joy e-bike’ continued in achieving robust sales numbers in October 2021 as well. 

As this festival season bring in the much-awaited festive cheer resulting in high demand in the market, the company has sold 2,855 units of electric scooters and motorcycles, 

The company has further observed a double-digit growth of more than 13% as compared to last month (September 2021) where sales stood at 2500 units.

Commenting on the sturdy sales performance, Yatin Gupte, Chairman & Managing Director, WardWizard Innovations and Mobility Ltd, said, “While our new automatic assembly line at Vadodara manufacturing plant is helping us meet the inflating demand, our 'Joy E-Bike’ experience centers across several locations are reinvigorating our marketing strategies to help us target more potential customers. This festival season has brought festive cheers across the country; we are receiving additional orders at all our touchpoints. We are further confident of high retail sales in the first week of November, especially on the occasions like Dhanteras and Diwali, achieving another benchmark in our sales momentum.”