Wardwizard Innovations & Mobility Limited, a producer of electric two-wheelers under the Joy e-bike and Joy e-rik brand, has unveiled that it has collaborated with Battery Smart, which is a battery-swapping network operator operating in India.
The deal will include deployment of battery-swapping infrastructure of Battery Smart at Joy e-bike dealerships nationwide. The program creates a battery-as-a-service program in which Joy will sell the e-bike vehicles without batteries at a lower upfront cost by 20-30 percent. Customers may then rent swappable batteries with Battery Smart on a model based on use. A dealers and distributors are going to be able to attach swapping stations to their business with the option of creating an extra source of income by helping it spread its swapping network further.
The integration will at first be provided on limited Joy e-bike models, such as the Globe and Gen Next models, and then later expanded to other Joy e-bike models. These vehicles will be able to exchange with Battery Smart existing network of swapping stations, already present in four cities in India: Mumbai, Delhi, and Bengaluru. A staged national rollout is to commence in January 2026.
Yatin Gupte, Chairman and Managing Director of Wardwizard Innovations & Mobility Limited, said that the collaboration was meant to solve the major drawbacks in electric vehicle adoption, which include the problem of the high cost of entry into the sector, as well as poor range. He has observed that it might be possible to adopt a model of separating the purchase of an electric vehicle and the battery to make it easier to adopt electric mobility.
The collaboration is the first centered B2C pilot project of Battery Smart and is aimed at helping to develop sustainable and scalable solutions for personal mobility and also in the B2B sector.
Wardwizard Innovations and Mobility Limited is an Indian-based electric vehicle manufacturer operating under the brands of Joy e-bike and Joy e-rik. It is considered to be the first stock-listed EV manufacturing firm in India on the Bombay Stock Exchange (BSE). The company has more than 10 electric two-wheeler models operating under different velocities, and it has an establishment in more than 400 cities in India. It centers more on the propagation of the use of alternatives of environmentally friendly means of transport to diminish the use of other means of transport using fossil fuel.