Wardwizard Sells 3,830 EVs in January 2025, Records 18.76 Percent Growth

Wardwizard Innovations & Mobility Ltd. (WIML), a leading electric vehicle manufacturer under the ‘Joy e-bike’ and ‘Joy e-rik’ brands, reported robust sales growth in January 2025, selling 3,830 electric two-wheelers, including both high-speed and low-speed models.

According to the company's statement, this marks an 18.76 percent year-on-year (YoY) increase compared to 3,225 units sold in January 2024. Additionally, the company expanded its presence in the three-wheeler segment, selling 22 electric three-wheelers under the ‘Joy e-rik’ brand, catering to both passenger and commercial vehicle categories.

Commenting on the performance, Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Ltd., stated, "We have begun 2025 on a strong note with an 18.76 percent growth in electric two-wheeler sales, reflecting the increasing consumer trust in the Joy e-bike brand and accelerating the transition toward 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 solidifying its position in the electric mobility industry, the company recently signed a Memorandum of Understanding (MoU) with C4V, a New York-based lithium-ion battery technology company specialising in battery cell design and optimisation. This strategic collaboration aims to enhance battery performance, efficiency, and reliability in electric vehicles, marking a significant milestone in India's green mobility vision. The partnership is expected to boost EV adoption and drive technological advancements in the rapidly evolving electric vehicle market.

With growing demand for electric mobility solutions and continuous investments in technology and infrastructure, Wardwizard Innovations & Mobility Ltd. is well-positioned for sustained growth in India's EV sector in the coming months.