Bengaluru, February 10, 2025: Wardwizard Innovations & Mobility Limited (WIML), a leading manufacturer of electric vehicles under the brands ‘Joy e-bike’ and ‘Joy e-rik’, sold 3,830 electric two-wheelers, including both high-speed and low-speed models, in January 2025, recording an 18.76% year-on-year growth from 3,225 units sold in January 2024.

Bengaluru, February 4, 2025: Wardwizard Innovations & Mobility Limited, a leading manufacturer of electric vehicles under the brands ‘Joy e-bike’ and ‘Joy e-rik’, has announced its entry into fleet operations and last-mile delivery mobility under its flagship brand, Joy e-bike. In collaboration with SpeedforcEV under the banner of Optimotion, the company deployed its first batch of 100 electric two-wheelers in Hyderabad today. This strategic move marks a significant step toward providing sustainable, technology-driven solutions for delivery partners and fleet operators.

Unlike traditional fleet operations that focus solely on vehicle deployment, Wardwizard Innovations & Mobility Limited is introducing a first-of-its-kind holistic approach in India to ensure seamless operations for delivery partners. The initiative encompasses vehicle supply, 24/7 maintenance, spare parts availability, charging infrastructure, financing solutions, and insurance support—all provided through strategic partnerships. This integrated approach ensures zero downtime for fleet operators, maximizing vehicle uptime and optimizing revenue potential. Cashless Insurance services will be managed by Bluebells, financing by Mangalam Industrial Finance Limited, charging stations by Ampvolts Limited, and spare parts and maintenance by SpeedforcEV.

With an initial deployment for Zomato, Swiggy, Flipkart, Amazon, and BigBasket, the company plans to expand rapidly across major metropolitan cities beyond Hyderabad, including Chennai, Mumbai, Pune, Vadodara, Ahmedabad, Kolkata, Bangalore and Surat.

Speaking on the initiative, Mr. Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, said: “This is a landmark moment for the Indian EV industry, as we are building endeavouring a complete end-to-end ecosystem to support fleet operations. Our partnership with SpeedforcEV for fleet operations, Mangalam Industrial Finance Limited, Mufin Green Finance, Bluebells Insurance Broking Pvt. Ltd., Ampvolts Limited and other key industry players ensures a hassle-free experience for businesses, maximizing uptime and revenue potential. We are targeting the deployment of 8,000 vehicles by March 2025, and scaling up to 50,000 vehicles by March 2026, reinforcing our commitment to driving EV adoption in the country. We are dedicated to revolutionizing last-mile mobility and fleet operations with innovative and sustainable solutions.”

This initiative represents a first-of-its-kind fully integrated smart mobility solution for fleet and logistics operations. Looking ahead, Wardwizard plans to extend its partnerships to B2B, B2C, and retail players, further strengthening its presence in the rapidly growing electric mobility sector.

In addition to the e-Trike, Wardwizard will send other electric vehicles from its line up to the Philippines in February 2025 for testing to ensure suitability for the local market. These steps are part of Wardwizard Innovations commitment to supporting the Philippine Government’s Public Utility Vehicle Modernization Program (PUVMP), which aims to replace outdated vehicles with modern electric alternatives.

Mr. Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Limited., said, “As part of our partnership with Beulah International Development Corporation, we are privileged for having the opportunity to contribute to the developing electric mobility landscape in Philippines. At Wardwizard Innovations & Mobility, we are committed to develop the right product for the Philippines market and are working tirelessly to timely complete all stages of product development and manufacturing. We are progressing swiftly towards the testing stage, with a specially designed electric three-wheeler, e-Trike, been dispatched for rigorous testing. Our endeavour is to make products that fit the customer expectations best. India has been advancing strongly in shaping its electric mobility ecosystem, and is emerging as a global leader and enabler of advanced, sustainable transportation solutions to international markets. Our collaboration with Beulah International reflects this progress as we build a stronger bond for driving green mobility and connected future in the times to come.”

This development follows the Memorandum of Understanding (MoU) signed between Wardwizard Innovations and Beulah International Development Corporation, a prominent full-service business integration and EPC firm in the Philippines backed by RP Connect. This strategic collaboration aims to transform the Philippines’ public transportation infrastructure by introducing advanced electric vehicles. Under this partnership, Wardwizard will supply electric two-wheelers, three-wheelers, and specially developed four-wheelers in the commercial vehicle segment.