Wardwizard launches passenger and cargo e-three-wheelers, prices start at Rs 1.3 Lakh

Wardwizard launches new range of EVs.

Vadodara-based electric vehicle manufacturer Wardwizard Innovations & Mobility is setting ambitious sales targets as it continues to expand its portfolio. The company has projected that 30-35% of its future sales will come from electric three-wheelers, a segment it aims to grow alongside its robust presence in the electric two-wheeler market.
For the current financial year, Wardwizard is targeting total sales of up to 42,000 units, including 35,000-40,000 two-wheelers and 2,000 three-wheelers, reported PTI. Looking ahead, the company plans to sell 50,000 electric two-wheelers and 10,000 three-wheelers in FY26, reflecting a clear focus on scaling its market share in both segments.

Wardwizard recently unveiled four new models under its Joy-e-rik and Joy-e-bike brands. The new launches include two passenger electric three-wheelers, two cargo e-three-wheelers, and a high-speed electric two-wheeler named Nemo.
The Joy-e-rick, a passenger e-three-wheeler starting at Rs 3.85 lakh (ex-showroom), is powered by a 10.24 kW lithium-ion battery, offering a top speed of 50 kmph and a range of 150 km per charge. Another passenger-focused offering, the Joy Bandhu, features a 48V BLDC motor with a 7.2 kW lead-acid battery, delivering a range of 100-120 km. The Joy Bandhu is priced at Rs 1.34 lakh (ex-showroom).
In the cargo segment, the company introduced a three-wheeler priced at Rs 4.24 lakh (ex-showroom) and a cargo e-rickshaw starting at Rs 1.30 lakh (ex-showroom).

Wardwizard also launched the Nemo, a high-speed electric scooter priced at Rs 99,000 (ex-showroom). Designed for urban commuting, Nemo offers three drive modes—eco, sport, and hyper—and is powered by a 72V, 40Ah lithium-ion (NMC) battery with Smart BMS. The company claims Nemo’s running cost is just 17 paise per kilometer, making it a cost-effective option for daily use.
As an introductory offer, the scooter is available for Rs 98,000 until the end of next month, with bookings now open.
Wardwizard currently has an annual production capacity of 1.2 lakh units for e-two-wheelers and 60,000 units for e-three-wheelers. With its new product launches and expanded portfolio, the company is aiming to capture a larger share of the growing EV market in India.