Wardwizard Innovations & Mobility Limited (WIML), saw an 18.76% year-on-year growth in electric two-wheeler sales in January 2025, selling 3,830 units compared to 3,225 units in January 2024. The company also sold 22 electric three-wheelers and recently partnered with C4V to advance battery technology. This growth reflects increasing consumer confidence in electric vehicles and aligns with India’s focus on green mobility.

WIML sold 3,830 electric two-wheelers in January 2025, an increase of 18.76% compared to the 3,225 units sold in January 2024. This includes both high-speed and low-speed models under the 'Joy e-bike' brand.

In addition to two-wheelers, WIML sold 22 electric three-wheelers in January 2025 under the 'Joy e-rik' brand. These three-wheelers include both passenger and commercial vehicles.

Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, mentioned, "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."

What does it indicate?

This growth demonstrates increasing consumer confidence in the Joy e-bike brand and highlights the shift toward sustainable transportation. WIML anticipates sustained industry growth, supported by government initiatives promoting electric vehicles and a clean transportation ecosystem.

The sales of electric three-wheelers further emphasizes the increasing demand for affordable and environmentally friendly transportation options. WIML's commitment to innovation and its support for India's transition to green mobility are key aspects of its business strategy.

To further enhance its position in the electric vehicle industry, WIML recently signed a Memorandum of Understanding (MoU) with C4V. C4V is a New York-based company specializing in lithium-ion battery technology, particularly battery cell design and optimization.