Wardwizard Innovations & Mobility Limited (WIML), maker of Joy e-bike and Joy e-rik, sold 3,830 electric two-wheelers in January 2025, marking an 18.76% YoY growth from 3,225 units in January 2024. The sales included both high-speed and low-speed models. Additionally, the company sold 22 Joy e-rik electric three-wheelers, covering passenger and commercial segments.
Commenting on the sales performance, Mr. Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, said, “We have begun 2025 on a strong note with an 18.76% growth in electric two-wheeler sales, which reflects growing consumer trust on the Joy e-bike brand while accelerating the shift towards sustainable mobility. With the government’s continued focus on strengthening the EV ecosystem and promoting clean transportation, we are optimistic about sustained industry growth. The steady adoption of our electric three-wheelers further reinforces the demand for cost-effective and eco-friendly mobility solutions. At Wardwizard, we remain committed to driving innovation and supporting India’s transition to a greener future.”
Further strengthening its position as a key player in the industry, Wardwizard Innovations & Mobility Limited has recently signed a Memorandum of Understanding (MoU) with C4V, a New York-based lithium-ion battery technology company specialized in battery cell design and optimization. This strategic partnership marks a significant milestone toward advancing battery technology and enhancing the performance of electric vehicles, aligning with India’s vision for green mobility.