Joy e-bike has announced that the brand has registered strong sales figures in the month of October 2021. The brand sold 2,855 units in October 2021 as compared to 474 units for October 2020. This means that the year-over-year growth of Joy e-bike is 502 per cent. The sales figure in September stood at 2,500 units, which also interprets a month-over-month growth of 14 per cent. Joy e-Bike also announced that the brand also recently doubled its production capacity at its Vadodara plant, to keep up with the rising demand. The company is also fully prepared to take on the sales swell and minimise waiting times for the customers.
Thanks to the festival season the buying sentiments of the customers, has helped the brand push sales to new highs. Also thanks to the Government of India and the state governments who are offering various subsidies to manufacturers. The government is also offering incentives to customers which are helping accelerate EV adoption. Thanks to digitisations dealerships are also able to sell bikes online.
Highest Sales Recorded For Joy e-Bikes
Joy e-bike has revealed that this is the highest ever sales for the month of October with 2,855 units sold. Keeping in mind the future of the company, Joy e-Bike has also added a new experience centre in Pune. This will help create awareness in the country and push sales further. The brand also plans to add three more such experience centres in the state of Maharashtra. In the Q2 of FY22, the brand sold more than 5,000 units of electric scooters and motorcycles. When compared to the corresponding period last year, the sales number stood at 664 units. This shows the rising demand for electric vehicles in the country, especially in the two-wheeler segment.
Joy e-Bike Presence in India
Joy e-bike is currently present in over 25 cities across India. The electric mobility solutions company is also expanding its reach to new areas to further increase its presence in the country.
CredR, offers its customers, the opportunity to swiftly sell their old bikes online. The brand also features a convenient platform for commoners to purchase 2nd hand bikes using its genuine and customer-friendly service.
