The vehicle portfolio of Joy E-Bike includes a wide range of motorcycles and scooters. While there are more than one legendary player in the market, this new company has started making inroads among the customers fast. By the end of this financial year, the company has sold more than 25,000 units.
There is a tremendous demand for electric vehicles in the Indian market. People are giving preference to electric vehicles instead of traditional petrol vehicles. The interest of people especially in the two-wheeler segment is increasing rapidly. In line with this, Wardwizard Joy E-Bike has performed well in February, with the company’s vehicles selling well.
The company has sold a total of 4,450 units during this period, which includes three new high-speed electric scooters and a fleet management vehicle. A year ago, the sales landscape for the company looked very different. In February last year, the company had sold just 320 units. Apart from this, there is also an increase of 12% in monthly sales, totaling 3,951 units were sold in January 2022.
Even though these numbers may seem less in comparison to the legendary players in the sales chart, but in terms of individual sales performance, these figures strengthen the company’s profile even more. The company has sold more than 8,300 units in the first two months of this year. The electric two-wheeler segment is booming and many big players are entering the space. Recently Ola introduced its new scooter in the domestic market.