Company plans to deploy 8,000 vehicles by March 2025, and scaling up to 50,000 vehicles by March 2026.
04 Feb 2025 | 7057 Views | By Shruti Shiraguppi
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 ...
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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.
Unlike traditional fleet operations that focus solely on vehicle deployment, Wardwizard Innovations & Mobility Limited claims that it is introducing a first-of-its-kind holistic approach in India. The initiative encompasses vehicle supply, 24/7 maintenance, spare parts availability, charging infrastructure, financing solutions, and insurance support—all provided through partnerships.
This integrated approach aims to ensure zero downtime for fleet operators, maximizing vehicle uptime and optimizing revenue potential. Cashless insurance services will be managed by Bluebells. Financing will be handled by Mangalam Industrial Finance Limited. Charging stations will be provided by Ampvolts Limited, and spare parts and maintenance will be taken care of 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, Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, said the company’s goal was to build a complete end-to-end ecosystem to support fleet operations. “We are targeting the deployment of 8,000 vehicles by March 2025, and scaling up to 50,000 vehicles by March 2026.“
Looking ahead, Wardwizard plans to extend its partnerships to B2B, B2C, and retail players in the rapidly growing electric mobility sector.