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WardWizard Innovations sell 2055 e-bikes in May 2022

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Capital Market
WardWizard Innovations and Mobility sold 2055 units of electric two-wheeler in May 2022. With that, the company has clocked a growth of 329% as compared to May 2021, when the company had sold 479 units.

Inspired by the growth in its low-speed category, WardWizard recently forayed into the highspeed scooter segment with Wolf+, Gen Next Nanu+ and fleet management electric scooter Del Go. The brand intends to cater to all kinds of electric mobility requirements in the country with this expansion.

In the month of May, WardWizard had further signed a memorandum of understanding (MOU) with Singapore-based renewable energy management consulting firm Sunkonnect, to set up a Li-ion advance cells manufacturing unit at its electric vehicle ancillary cluster in Vadodara. The association is aimed at facilitating a feasibility study and identification of potential partners.

 

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First Published: Jun 02 2022 | 5:16 PM IST

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