Mumbai, Maharashtra
Wardwizard
Innovations and Mobility Ltd., one of the leading manufacturers of electric
two-wheeler Joy e-bike, has announced the expansion of its sales strategy in
Gujarat. The company has set a target of selling more than 10,000 electric vehicles
in the state including both high and low-speed models.
The recently
announced Electric Vehicle Policy-2021 by the state government of Gujarat has
declared multiple incentives and initiatives for electric vehicle customers and
manufacturers.
Aligning with
the government’s vision to protect the environment by preventing air pollution
and boosting the sale of electric vehicles in the state, Wardwizard is aiming
at dealership network expansion. Intending to reach maximum customers, the
company plans to open up a total of 100 dealerships (60 at present) by the end
of FY 2021-22. The dealerships will spread across the different markets of
Gujarat.
Speaking about
the expansion strategy, Sneha Shouche, Chief Financial Officer, Wardwizard
Innovations and Mobility Ltd said, “The latest Gujarat Government’s Electric
Vehicle policy 2021 is an assurance of fast growth of electric mobility in the
entire state. We are grateful to the government for emphasizing this industry,
as Electric Vehicles are the only solution towards sustainable development for
the nation, and this time it will start from the state of Gujarat. We take it
as our responsibility to make available the most appropriate product for our
customers that are not only class-leading but also cost-effective. With our
recently inaugurated state-of-the-art facility in Vadodara and strong product
portfolio, we are committed to the government’s vision of growth.”
Source – Wardwizard Press Release
Image Source: Wardwizard Press Release
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