This marked a 1.5% growth compared to March 2023, when the company had sold 3,744 units of two-wheelers. The company also recorded a significant growth of 88% as compared to February when it sold 2,018 units.
Led by strong demand for its EV products and the rapid expansion of distributor showrooms nationwide, the company sold over 26,000 units (26,996) of electric vehicles, including two-wheelers and three-wheelers, in the fiscal year (April’23- March’24). In the year, the company inaugurated more than 150 distributor showrooms and intends to further expand its distribution network in FY25, aiming to make EVs accessible to everyone, the company said in its media release.
Yatin Gupte, Chairman and Managing Director of Wardwizard Innovations & Mobility Limited, said, “We thank our customers for their growing trust in us, enabling us to lead the e-mobility transition from the forefront. Being an emerging player in the ever-evolving transportation landscape, we prioritize delivering cutting-edge technology and quality products that empower our customers. In FY2024, we have achieved significant progress and reached some key milestones, including selling of 1 lakh electric two-wheelers."
"The launch of our versatile Joy e-rik three-wheeler diversified our product portfolio. The surge in sales growth reflects our customers' trust. Building on this momentum, FY2025 promises even greater innovation with aggressive R&D investments in next-generation technologies, fuelling a more diverse product portfolio and solidifying our leadership in the market,” Gupte added.
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