Wardwizard Innovations & Mobility Limited, maker of 'Joy e-bike' and 'Joy e-rik', launched its fleet operations and last-mile delivery service under the 'Joy e-bike' brand. The company deployed 100 electric two-wheelers in Hyderabad through a collaboration with SpeedforcEV, operating as Optimotion. This initiative aims to offer sustainable delivery solutions for partners and fleet operators.

Wardwizard is taking a comprehensive approach to fleet operations in India, going beyond just vehicle deployment. The company is providing a complete ecosystem including vehicle supply, maintenance, spare parts, charging infrastructure, financing, and insurance support. This integrated strategy, facilitated through partnerships, aims to maximize vehicle uptime and revenue for fleet operators.

Key partners

Key partners in this initiative include Bluebells for cashless insurance, Mangalam Industrial Finance Limited for financing, Ampvolts Limited for charging stations, and SpeedforcEV for spare parts and maintenance.

The initial deployment caters to Zomato, Swiggy, Flipkart, Amazon, and BigBasket. Wardwizard plans to expand this service to other major cities like Chennai, Mumbai, Pune, Vadodara, Ahmedabad, Kolkata, Bangalore, and Surat. The company has ambitious targets of deploying 8,000 vehicles by March 2025 and 50,000 by March 2026.

“This is a landmark moment for the Indian EV industry, as we are building endeavouring a complete end-to-end ecosystem to support fleet operations. Our partnership with SpeedforcEV for fleet operations, Mangalam Industrial Finance Limited, Mufin Green Finance, Bluebells Insurance Broking Pvt. Ltd., Ampvolts Limited and other key industry players ensures a hassle-free experience for businesses, maximizing uptime and revenue potential. We are targeting the deployment of 8,000 vehicles by March 2025, and scaling up to 50,000 vehicles by March 2026, reinforcing our commitment to driving EV adoption in the country. We are dedicated to revolutionizing last-mile mobility and fleet operations with innovative and sustainable solutions.” stated Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited.

A complete ecosystem for fleet operations

This venture marks Wardwizard's entry into providing a complete ecosystem for fleet operations. This includes vehicle supply, round-the-clock maintenance, spare parts, charging stations, financing options, and insurance. The company aims to eliminate downtime and maximize revenue for fleet operators through this comprehensive approach.

Wardwizard Innovations and Mobility Limited aims to deploy 8,000 vehicles by March 2025 and scale up to 50,000 vehicles by March 2026. This initiative highlights the company's commitment to promote electric vehicle adoption in India.