WardWizard Innovations and Mobility Ltd, one of the leading manufacturers of electric two-wheeler brand ‘Joy e-bike’, closed the month of June 2021 with positive sales momentum, selling 938 units and registering a growth of more than 310 percent.
The company had sold 223 units in June 2020.
“As the fuel prices continue to increase, going above Rs.100 in many states, there is a quick shift by the customers for both high and low-speed models. We are further witnessing a strong rebound in the business with the ease of COVID-19 related restrictions as the cases continue to dip across the states,” Company COO Sheetal Bhalerao said.
The company has further observed a strong rebound of sales with a growth of 91% as compared to last month (May 2021) where the sales stood at 479 units.
