As the year 2022 comes to a close, we’re thrilled to announce that Wardwizard Innovations & Mobility has achieved phenomenal success! We’ve maintained incredible momentum, achieving a 131.6% increase in sales throughout the calendar year.
Key Highlights:
- Record-Breaking Sales: We sold a remarkable 43,914 electric two-wheelers in 2022, significantly surpassing the 18,963 units sold in 2021.
- Strong December Performance: We closed the year strong with 5,400 units dispatched in December 2022, a 39.89% increase compared to December 2021.
- Consistent Growth: We sold over 30,000 units in the first three quarters of FY23 (April-December 2022), demonstrating consistent growth and demand for our Joy e-bikes.
Looking Ahead to 2023
“The calendar year 2022 has been an important year in which the company achieved new sales milestones, entered into new segments and expanded its presence across global markets,” said Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd.
Mr. Gupte also shared an exciting outlook for 2023, stating, “Our strong product portfolio and cutting-edge technologies successfully met the aspirations of the buyers, resulting in triple-digit growth in CY 2022 as compared to last year. As the adoption of electric mobility is increasing, we are expecting new opportunities in the industry; overcome previous challenges, and observe strong growth momentum. Bringing more excitement to our customers and expanding our product portfolio, the company is all set to introduce new models in the year 2023 along with developing India’s first EV cluster for holistic growth of the industry.”
Key Factors Driving Success:
- Product Innovation: We are committed to developing cutting-edge EV technology and introducing new models to meet evolving customer needs.
- Expanding Network: Our growing network of dealerships and service centers ensures wider accessibility and customer satisfaction.
- Government Support: Favorable government policies and incentives are driving EV adoption in India.
- Increased Consumer Awareness: Growing awareness of the environmental and economic benefits of electric vehicles is fueling demand.
A Year of Achievements
2022 was a year of significant achievements for Wardwizard, and we are incredibly proud of our progress. We are confident that 2023 will bring even greater success as we continue to innovate, expand, and lead the electric mobility revolution in India.
Read More at: https://smestreet.in/infocus/wardwizard-sells-more-than-43k-units-of-electric-two-wheelers-in-cy-2022/