Company to announce Q4results on May 6,2021.
Vadodara based Wardwizard Innovations & Mobility Limited (BSE Code: 538970), the first-ever company listed on BSE under the electric vehicle category and manufacturers of innovative electric bikes under the brand name Joy E-Bike, have registered record hike in e-bike sales for the month of April 2021.
The firm sold 493 e-bikes in April 2021 alone. The Gennext e-bike has generated about 80% (392 out of 493) of the total sales in April 2021. It is followed by the Wolf e-bike generating 15% (76 out of 493) of the total sales. This hike in sales comes on the heels of Wardwizard’s on-boarding of record number of 220 dealerships in February 2021. Wardwizard inaugurated its OEM plant in Vadodara, Gujarat which started manufacturing e-bikes in January 2021. In the following month, Wardwizard expanded its associations by tying up with 220 dealers across the states of Maharashtra, Gujarat, Orissa, West Bengal, Madhya Pradesh and Chhattisgarh.
The recent innovation in technology has reformed immensely and continues to reshape the retail & e-commerce industry. However, due to the unprecedented challenges, retailing has seen an immense shift in consumer behavior and is prevailing. Thereby, it becomes important for the retailers to meet the new user’s demands and strive to deliver an incredible shopping experience to the customers.