Advent of Electric Rickshaws or E Rickshaws in India could bring much needed relief for both city dwellers as well as rural population. Change will be in the form of cleaner environment and financial development. Let us look at some benefits as well as challenges ahead.
E Rickshaws offer great business opportunity
Electric Rickshaws have gained great popularity as a means of transport in India in the recent time. Restrictions are imposed on public transport vehicles which run on traditional fuel sources of diesel and CNG, primarily for escalating pollution concerns in major cities. Thus the emphasis for growth has clearly shifted to alternative fuel sources. With this shift the electric Rickshaw offers great business opportunity to those involved in the sector. The growth of the sector started in 2011. Thereafter there has been no looking back.
Indications of growing popularity of E Rickshaws in India
This new form of public transport was recently launched in the IT City of Bangalore bear proof to the growth in popularity of the Battery operated rickshaws. Apart from this, mega startup company OLA recently introduced e-rickshaw in Delhi as part of ‘Stand-Up India’ initiative. The transport aggregator launched the ‘e-rickshaw’ category on its app in Delhi-NCR. The company also is expected to launch close to 5,100 e-rickshaws, in partnership with Bhartiya Micro Credit (BMC). These rickshaws will be deployed across Delhi, Gurgaon, Ghaziabad, Noida and Faridabad.
How E Rickshaws fare fares against its Competitors?
When it comes to Electric rickshaws against its competitors which primarily is Auto, it has distinct advantages. Since the cost of running E Rickshaws is lower, the fares charged by them are much lower as well. This is particularly beneficial in cities like Delhi, where the cost of commuting is higher since one has to travel over long distances.
Another factor which determines whether you would travel by a particular mode of transport is its safety. Generally Electric Rickshaws are designed to carry four passengers per ride. However sometimes the e rickshaw drivers flout the rules and carry more passengers to make more profits per ride. Thus they expose the passengers to greater risks. But the same applies to auto rickshaws too. To prevent this, rules should be made strict to prevent them from doing so. Besides some e rickshaw operators claim that women feel safer in their vehicles as they are open from all sides.
Some families of four may find it particularly most convenient. Instead of hiring two rickshaws they can travel by one e rickshaw instead. It is therefore quite evident that electric rickshaws are gaining much ground over its competitors engaged in the sector.
E Rickshaws for better environment
E Rickshaws want to take advantage of the various incentives announced by the government
The alternative fuel sources is a focus area for the government. The phrase ‘Go Green’ seems to have become the catch phrase. So the Government has been announcing various schemes and incentives to boost the electric vehicles sector as well. To promote eco-friendly vehicles, the government has launched the FAME India scheme (Faster Adoption and Manufacturing of Hybrid and Electric vehicles). This is a part of the National Electric Mobility Mission Plan. It will provide a support which is to be estimated of around Rs 14,000 crore. Much is also being done in providing proper infrastructure for the sector as well. So as a participant in the sector you could take the best benefits from these schemes as well.
With so much of opportunity in the electric vehicles sector it is clear that it offers great business prospects for anyone looking to grow. We at Jezza Motors have been working hard in the sector. We are the leading suppliers of E rickshaws in Kolkata. So if you want to buy E rickhaws or genuine spare parts of electric rickshaws in Kolkata, please get in touch with us. For more details, visit our website.
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