Wardwizard Gears Up for E-Wheeler Surge in India

Wardwizard Innovations & Mobility, a Vadodara-based electric vehicle firm, is forecasting that 30-35% of its sales will stem from e-three-wheelers. The company plans to achieve 42,000 unit sales this financial year and aims to introduce new models in both passenger and commercial segments.

Wardwizard Innovations & Mobility, an electric vehicle manufacturer based in Vadodara, announced on Friday that it anticipates close to 35% of its sales will be attributed to electric three-wheelers in the near future. The company is targeting up to 42,000 units in sales for the current financial year.

Earlier in the day, the company expanded its Joy-e-rik and Joy-e-bike range with new models in the passenger and commercial sectors. This includes introducing a high-speed electric two-wheeler. According to Akhtar Khatri, Director for sales and strategy, Wardwizard aims to sell 35,000-40,000 two-wheelers and 2,000 three-wheelers this fiscal year, with a projection of 50,000 e-two-wheelers and 10,000 e-three-wheelers in FY26.

Wardwizard highlighted its production capabilities of 1.20 lakh units annually for e-two-wheelers and 60,000 for e-three-wheelers. The newly launched high-speed scooter Nemo boasts a price tag of Rs 99,000 and features three drive modes. The firm, devoted to fostering green mobility, introduced these models as part of its mission to promote eco-friendly transportation in India, stated Chairman and Managing Director Yatin Gupte.

(With inputs from agencies.)