WardWizard Innovations and Mobility Limited which retails its electric scooters in India under the brand name ‘Joy e-bike’ has announced the sales report for November 2021. Joy e-Bike has recorded 3,290 units of electric vehicles sold for the given month. This means that the brand has recorded the highest ever monthly sales. The brand has revealed that the festive season did help boost the sales figure to its all-time high. Joy e-Bike also revealed that the figure for November 2020 was 255 units, which means that the growth rate stood at 1,190 per cent. This also shows that the electric vehicle segment is witnessing exponential growth. Especially when the fuel prices are skyrocketing in the Indian market.
Joy E-Bike November 2021 Sales
According to Joy- e-Bikes the low-speed models are selling in good numbers, in both the urban and semi-urban regions. From April 2021 to November 2021, the company recorded sales of over 13,516 units. This means that the company has a growth of 590 per cent when compared to the same period last year. The electric mobility is also expanding its network to serve more customers. The brand also recently inaugurated its new Global Headquarters in Vadodara. Additionally, the company is also adding company-owned outlets aimed at enhancing the in-showroom customer experience.
Electric Scooters Demand Rises
The demand for electric vehicles in the Indian market has shown an upselling trend as fuel prices increases. The sales of electric vehicles will also help reduce the consumption and import of oil into the country as well as reduce the pollution in metropolitan cities. Therefore, the Government of India is also offering various incentives to promote EV sales. Various OEMs are also expanding the electric charging infrastructure in the country. This will help reduce the range anxiety in customers and encourage more people to buy electric vehicles.
CredR offers a convenient platform for commoners who wish to buy used bikes in ahmedabad as well as sell old bikes online.
