Two-Wheelers Monthly Sales in India


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Wardwizard Innovations & Mobility, manufacturer of electric vehicles under the brand name "Joy e-bike’, sold 2,563 units of electric two-wheelers in November 2023.

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Wardwizard Innovations & Mobility dispatched 3,543 units of electric two-wheelers in December 2023.
  • This represents a 38% growth compared to the company's sales in November 2023, when it sold 2,563 units of electric two-wheelers.
  • Wardwizard sold 23,926 units of electric two-wheelers in CY 2023 (Jan – Dec 2023). The company also sold 17,919 electric two-wheelers in the first three quarters of this financial year (April- December 2023).
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BMW Motorrad delivered 8,768 motorcycles in CY 2023:
  • BMW G 310 models registered a growth of +19% and maintained a share of 88% in overall sales.
  • The core bikes available as completely built-up units saw a growth of +33%. Among core models, growth was determined primarily by the high-end GS adventure and RR sports segment.
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Wardwizard Innovations & Mobility (Joy e-Bike) dispatched 3,225 units of electric two-wheelers in January 2024, reporting a 146% increase in sales compared to the previous year.

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Honda Motorcycle & Scooter India dispatches stood at 4,58,711 units in February 2024, registering a healthy 86% YoY growth.
  • This includes domestic sales of 4,13,967 units and 44,744 units exports.
  • The domestic sales for the month registered a strong 82% YoY growth while the exports grew a massive 122% over the same period of last year.
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Wardwizard Innovations & Mobility (Joy e-Bike) dispatched 2,018 units in February 2024, a significant rise from 953 units in February 2023. Additionally, the company sold 11 electric three-wheelers in February 2024.

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Honda Motorcycle & Scooter India dispatches stood at 3,86,455 units in March 2024. The company sold 48,93,522 units during the FY’24, recording a 12% YoY growth.
  • This includes domestic sales of 3,58,151 units and 28,304 unit exports.
  • The domestic sales for the month registered 81% YoY growth while the exports grew 95% over the same period of last year.
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Wardwizard Innovations & Mobility (Joy e-Bike) dispatched 3,801 units of electric two-wheelers and 16 three-wheelers in March 2024.
  • This marked a 1.5% growth compared to March 2023, when the company had sold 3,744 units of two-wheelers.
  • The company also recorded a significant growth of 88% as compared to February when it sold 2,018 units.
  • The company sold 26,996 units of electric vehicles, including two-wheelers and three-wheelers, in the fiscal year (April 2023 - March 2024).
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Honda Motorcycle & Scooter India dispatches stood at 5,41,946 units in April 2024, registering a 45% YoY growth.
  • This includes domestic sales of 4,81,046 units and 60,900 units exports.
  • The domestic sales for the month registered a 42% YoY growth while the exports grew by 67% over the same period of last year.
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Wardwizard Innovations & Mobility (Joy e-Bike) dispatched 1,071 units of electric two-wheelers in April 2024.
  • This reflects a growth of over 135% compared to April 2023, when the company had sold 455 units of electric two-wheelers.
  • Additionally, the company recorded a significant retail sale of 1,212 units as per Vahan data in April 2024.
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