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2/3 Wheelers
Monthly Update5 Sept 2025, 08:34 pm

Wardwizard Innovations & Mobility Ltd. Reports FY24 Revenue Growth of 32.81% and Strengthens Sustainability Initiatives

AI Summary

Wardwizard Innovations & Mobility Ltd., a pioneer in India's electric vehicle (EV) industry, has reported a record revenue growth of 32.81% in FY24. The company, which is one of the earliest movers in the EV space, has a nationwide footprint with over 750 dealers, 150+ showrooms, and 400+ cities covered across 19+ states and union territories. Wardwizard has consistently outperformed industry peers and has a customer base of over 100,000 satisfied riders. The company is headquartered in Vadodara, Gujarat, and has established modern, state-of-the-art manufacturing facilities in Vadodara and Deoghar, Jharkhand, with a combined annual capacity of 140,000 units. Wardwizard has also strengthened its sustainability and ESG initiatives and collaborated with the Beeha Group in Sharjah, UAE, to revolutionize the electric landscape in Gulf Cooperation Council (GCC) countries and African nations.

Key Highlights

  • Record revenue growth of 32.81% in FY24
  • Nationwide presence with over 750 dealers and 150+ showrooms
  • Over 100,000 satisfied customers and 400+ cities covered
  • Modern, state-of-the-art manufacturing facilities with a combined annual capacity of 140,000 units
  • Strengthened sustainability and ESG initiatives
  • Strategic collaboration with Beeha Group in Sharjah, UAE
WARDINMOBI
2/3 Wheelers
Wardwizard Innovations & Mobility Ltd

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