Printed On Sep 17, 2021 05:00:00 PM
One in all India’s main electrical two-wheeler manufacturers, backed by WardWizard Improvements & Mobility, Pleasure E-Bikes registered a shocking 435% development in August, dispatching over 2,000 electrical scooters and bikes.
Persevering with with its sturdy gross sales efficiency, WardWizard Improvements and Mobility Ltd, a number one producer of electrical two-wheelers below the model Pleasure E-bike, registered its highest-ever month-to-month gross sales in August 2021. Led by demand for its widespread product portfolio, the corporate bought 2,001 models of electrical scooters and bikes within the month, registering a development of 435 % over the corresponding month of the earlier yr (August 2020) when the corporate had bought 374 models.
The corporate has additional noticed a robust rebound in gross sales with a development of 112 % as in comparison with final month (July 2021) when gross sales stood at 945 models. It additionally obtained the highest-ever reserving order of greater than 4,700 models, backed by the demand for low-speed electrical two-wheelers. WardWizard Improvements and Mobility Ltd additionally inaugurated 20 new dealerships in Gujarat and expanded into Assam with two unique dealerships in Guwahati. The corporate additionally just lately inaugurated certainly one of India’s largest two-wheeler vegetation in Vadodara.
The plant was just about inaugurated by Dwelling Minister Amit Shah and has an annual manufacturing capability of three to 4 lakh models. It’s estimated to generate round 6,000 direct and oblique employment alternatives. The inauguration of the OEM plant additionally noticed the introduction of 4 new high-speed bikes from Pleasure E-bike: Skyline, Hurricane, Thunderbolt, Beast.
Commenting on the best ever month-to-month gross sales, Yatin Gupte, Chairman and MD, WardWizard Improvements and Mobility Ltd, mentioned, “Our major focus for the present monetary yr is to strengthen our market presence in each nook and nook of the nation. As the corporate is increasing its footprint in additional markets, we’re witnessing a great demand for our complete product portfolio. Additional, the enquiries have elevated considerably and we have now obtained excessive reserving orders throughout all our dealerships, particularly in Gujarat, Madhya Pradesh, Maharashtra, and Rajasthan. As electrical two-wheelers have gotten essentially the most most well-liked alternative of consumers, we predict steady development momentum for the longer term as effectively.”
WardWizard Improvements & Mobility Restricted:
WHAT YOU SHOULD KNOW
WardWizard Improvements & Mobility Ltd is a number one auto manufacturing firm within the Electrical Car (EV) section below the model title Pleasure E-Bike. Being the primary listed entity on BSE in Electrical Car manufacturing, it’s primarily targeted on the expansion potential within the Indian EV section, to offer clear and greener options to the present utilization of mobility, aligned with its philosophy of driving optimistic change. By Pleasure E-Bike, the Firm has been offering a greener different to conventional fuel-driven bikes.
It has a footprint in additional than 25 main cities throughout India and goals to spice up this quantity all through the nation.