What Are the Benefits of Owning an Electric Rickshaw?
Electric rickshaws, also known as e-rickshaws, are rapidly gaining popularity in India. With the increasing focus on sustainable and cost-effective transportation, many are considering the switch to electric autos. But what are the real benefits of owning an electric rickshaw? Let’s explore the advantages, using key data and insights.
Lower Cost of Operation Leads to Higher Profits
One of the most compelling reasons to invest in an electric rickshaw is the significantly lower cost of operation. The operating cost of an electric rickshaw is just ₹1 per kilometer, compared to ₹4.5 per kilometer for a diesel rickshaw and ₹3 per kilometer for a CNG rickshaw. This substantial difference in daily expenses translates to higher profits for the owner. For instance, if a rickshaw is driven 100 kilometers daily, the monthly operating costs would be ₹3,000 for an electric rickshaw, ₹13,500 for a diesel rickshaw, and ₹9,000 for a CNG rickshaw. The savings are evident, making electric autos a financially sound investment.
Ease of Usage
Electric rickshaws are designed for ease of use, with no gears or clutch to manage. This simplicity allows drivers to operate the vehicle for longer hours without experiencing the fatigue associated with traditional rickshaws. The ability to drive for extended periods means more trips and, consequently, more profit. The user-friendly nature of electric rickshaws makes them an attractive option for both new and experienced drivers.
Environmentally Conscious Customers
In today’s world, many customers are becoming increasingly environmentally conscious. They prefer choosing eco-friendly transportation options over traditional diesel vehicles. Electric rickshaws produce zero emissions, contributing to cleaner air and a healthier environment. This preference for green transportation can lead to higher customer satisfaction and loyalty, giving electric rickshaw owners a competitive edge in the market.
Government Subsidies
The Indian government is actively promoting the adoption of electric vehicles through various subsidies and incentives. These financial benefits can significantly reduce the initial cost of purchasing an electric rickshaw. For instance, subsidies can cover a portion of the electric auto price, making it more affordable for buyers. Additionally, some states offer tax exemptions and reduced registration fees for electric vehicles, further lowering the overall cost of ownership.
Innovative Ownership Models and Offers
New startups and original equipment manufacturers (OEMs) are introducing innovative ownership models and offers to make electric rickshaws more accessible. These models include leasing options, pay-per-use schemes, and attractive financing plans. Such initiatives reduce the financial burden on buyers and provide flexible payment options. For example, some companies offer low down payments and easy monthly installments, making it easier for drivers to own an electric rickshaw without a significant upfront investment.
Conclusion
Owning an electric rickshaw in India offers numerous benefits, from lower operating costs and ease of use to government subsidies and innovative ownership models. The significant savings on fuel and maintenance, combined with the growing preference for environmentally friendly transportation, make electric autos a smart choice for drivers looking to maximize their profits. With the support of government incentives and flexible financing options, the electric auto price is becoming increasingly competitive, making it an attractive investment for the future. As the market for electric rickshaws continues to grow, now is the perfect time to consider making the switch to this sustainable and profitable mode of transportation.
FAQ
1.How long does it take to charge the battery of an electric auto?
The charging time for an electric auto depends on the size of the battery packs and type of charger used. A typical electric auto with standard charger takes about 3.5 to 4 hours for a full charge.
2.What are the charging options available for electric rickshaws in India?
There are 3 types of charging available of electric rickshaws in India depending on the design and offering from the OEM. The first is standard AC charging from 16A socket. The second is AC fast charging either provided by the OEM and available in public charging infrastructure. The third option is DC fast charging which is requires a dedicated charging infrastructure.
3.How does owning an electric rickshaw save money?
The operating cost of an electric rickshaw is just ₹1 per kilometer, compared to ₹4.5 per kilometer for a diesel rickshaw and ₹3 per kilometer for a CNG rickshaw. If used daily for 100kms, you can save ₹10,500 per month over diesel rickshaw and ₹6,000 per month over CNG rickshaw.
4.How does the range of an electric rickshaw compare to that of a petrol or diesel rickshaw?
A typical use case for a diesel rickshaw is around 80-90kms per day. Electric rickshaws depending on the battery pack size offers 90 to 150kms of range. This ensures that the usability of the electric rickshaws is not compromised.
5.How durable are electric rickshaws in comparison to traditional rickshaws?
The main difference between an electric rickshaw and traditional rickshaws is the powertrain. Electric motor and direct drive transmission replaces conventional ICE engine, clutch and multispeed transmission. With lesser moving parts and non-consumables, electric rickshaws are proving to be durable and reliable.
