New Delhi/UNI: WardWizard Innovations and Mobility Ltd, a manufacturer of electric two-wheeler brand ‘Joy e-bike’, closed the month of June 2021 with bullish tendency, selling 938 units and registering a growth of more than 310 per cent.
The company had sold 223 units in June, 2020.
Company Chief Operating Officer, Sheetal Bhalerao said, "As the fuel prices continue to increase, going above Rs.100 in many states, there is a quick shift by the customers for both high and low-speed models. We are further witnessing a strong rebound in the business with the ease of COVID-19 related restrictions as the cases continue to dip across the states."
Further, the company said it has observed a strong rebound of sales with a growth of 91 per cent as compared to last month (May 2021) where the sales stood at 479 units.