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Joy E-Bike records 18,600 bookings for the newly launched E-scooter MIHOS

Posted On : 2023-02-06 14:54:26( TIMEZONE : IST )

Joy E-Bike records 18,600 bookings for the newly launched E-scooter MIHOS

Wardwizard Innovations & Mobility Ltd. (BSE Code: 538970) is one of India's leading manufacturers of electric two-wheelers brand 'Joy e-bike', today announced a significant milestone of 18,600 bookings for its new high-speed electric scooter MIHOS. The company received a phenomenal response from customers in the duration of just 15 days starting from 22nd January, 2023, since the 'Bookings Open' has been announced.

MIHOS, the most robust electric two-wheeler ever is a retro-styled electric scooter that was launched at the Auto Expo 2023 at ₹1.35 Lakh (Ex-showroom Price). The deliveries of MIHOS will begin from March 2023 in a phased manner across India. The Company has commenced the process of accepting bookings for the month of April 2023, which begins on 9th February, 2023, Thursday. To make it more convenient for the customers, the company has decided to keep the booking amount at a nominal price of just Rs. 999/-.

Speaking on the bookings milestone, Mr Yatin Gupte, Chairman & Managing Director, Wardwizard Innovations & Mobility Ltd., said, "We received an overwhelming response for MIHOS at the Auto Expo 2023. This scooter brings a stronger version of electric vehicles with a new material, Dicyclopentadiene (DCPD). We are pleased by the high demand from our customers and are really excited for the delivery of MIHOS which is set to commence in March this year in a phased manner. We are further expanding our product portfolio to cater to the demand and meet the aspirations of customers. We are also making solid, result-oriented efforts to increase our market share in the EV space. We anticipate a strong sales rebound in the coming months for electric vehicles as the market is booming."

Customers can book MIHOS Free of Cost from the company's website as well as from the 600+ authorized dealership network across the country.

Shares of Wardwizard Innovations & Mobility Ltd was last trading in BSE at Rs. 57.10 as compared to the previous close of Rs. 57.80. The total number of shares traded during the day was 211058 in over 2556 trades.

The stock hit an intraday high of Rs. 58.90 and intraday low of 56.00. The net turnover during the day was Rs. 12042189.00.

Source : Equity Bulls


WardwizardInnovationsandMobility INE945P01024 2Wheelers Joyebike MIHOS ElectricScooter Booking