WardWizard Opens New Global Headquarters in Vadodara

• Published On: 9 November 2021
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WardWizard’s two-wheeler electric vehicle manufacturer brand ‘Joy e-bike’ shifts to new global headquarters in Vadodara

WardWizard Innovations & Mobility Ltd inaugurated new global headquarters in Vadodara. Having said this, India’s leading two-wheeler electric vehicle manufacturer brands ‘Joy e-Bike’ shifts to this new headquarters. Talking about the new headquarters in Vadodara, it is spread over 20,000 square feet. Furthermore, it was built with an investment of 100 million rupees. The company has successfully sold 2855 units of electric scooters and motorcycles in this festive season. With this, it has registered a growth of 502 percent in comparison to the numbers achieved in October last year.

We are excited to move to our official global headquarters. Making this move will improve efficiency, collaboration and cost-competitiveness, while providing an exceptional work environment for our employees, as commented by Yatin Gupte (Chairman & MD, Wardwizard Innovations & Mobility Ltd).

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The manufacturing facility of WardWizard in Vadodara, Gujarat comes with an annual production capacity of 2,00,000 electric two-wheelers in one shift. Furthermore, the company has also observed high growth in terms of sales numbers with the help from the government and awareness campaigns on the adoption of sustainable mobility. Besides being committed to the Make-in-India programme, WardWizard will also be introducing 100 percent localised high-speed electric scooters anytime soon. If we look at the financial stats of WardWizard, the brand has been able to record the highest ever revenue at Rs 45.05 crore in half year FY '22. This means that the company has already achieved the previous year’s figures in half year of FY22. Moreover, the company has the projections of selling around 20,000-25,000 units in this current financial year.