Wardwizard Innovations & Mobility, a prominent electric vehicle manufacturer based in Vadodara, has set ambitious sales targets for the coming years. The company aims to increase its focus on electric three-wheelers, alongside its existing electric two-wheeler business.
For the current fiscal year, Wardwizard expects to sell around 42,000 units, including 35,000-40,000 two-wheelers and 2,000 three-wheelers. Looking ahead, the company plans to further expand its sales, targeting 50,000 electric two-wheelers and 10,000 three-wheelers in the next fiscal year.
To achieve these goals, Wardwizard recently unveiled four new models under its Joy-e-rik and Joy-e-bike brands:
- Joy-e-rick Passenger E-Rickshaw: Priced at Rs 3.85 lakh (ex-showroom), it features a 10.24 kW lithium-ion battery, offering a range of 150 km per charge.
- Joy Bandhu Passenger E-Rickshaw: Priced at Rs 1.34 lakh (ex-showroom), it comes with a 48V BLDC motor and a 7.2 kW lead-acid battery, providing a range of 100-120 km.
- Cargo E-Rickshaw: Priced at Rs 4.24 lakh (ex-showroom).
- Cargo E-Rickshaw: Priced at Rs 1.30 lakh (ex-showroom).
Additionally, Wardwizard launched the Nemo, a high-speed electric scooter priced at Rs 99,000 (ex-showroom). The Nemo offers three riding modes (Eco, Sport, and Hyper) and is powered by a 72V, 40Ah lithium-ion battery. The company claims a running cost of just 17 paise per kilometer.
To boost sales, Wardwizard is offering an introductory price of Rs 98,000 for the Nemo until the end of next month.
With its expanded product range and increased production capacity, Wardwizard is well-positioned to capitalize on the growing demand for electric vehicles in India.
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