What is driving the E- Rickshaw Market in India?

You would realize that these are uncertain times for all. The slowing down of the global economy is a major problem for many. The recent geo-political tensions between the US and Iran is in no way helping either and is only making things worse. So the many uncertainties are looming large on major economies including India. It is being seen that almost every sector of the economy, is reeling under all these uncertainties and a slowdown. Only few sectors are managing to show rapid progress. Amongst them the electric vehicles sector is few sectors which promises a sustained growth in the future. 

E- Rickshaw: Stats in India 

The growth here is evident, from the fact that the country is now home to as many %as million battery-powered three-wheelers.  You might be pleasantly surprised to note that the e-rickshaw market is expected to be selling 1, 00,000 units per month pan India. Another interesting trend here is that a major chunk is even now monopolized by the unorganized players. As per data the data shared by the Society of Manufacturers of Electric Vehicles (SMEV) – the apex lobby body for electric vehicles, the sales of electric three-wheeler segment grew 21 %  for 2018-19 to 6,30,000 as against 5,20,000 sold in 2017-18.So in many ways this is indeed very encouraging . This is therefore the best time to get started in the business of dealing with Battery Operated Rickshaws in India. It is also being seen that the prospects of growth are high amongst almost all the states. However the growth in the E-Rickshaw in Bihar and Electric Rickshaw in Jharkhand is particularly high amongst the others.

Whom to buy the E- Rickshaw from?

With the great growth prospects of e- rickshaw in India, there are many suppliers in the field. Most of them make tall claims of supplying the best electric rickshaws at the most economical price. But you need to be careful and make the right choice. While choosing suppliers make sure that the battery operated rickshaws that you buy meet the safety regulations and other legalities as is required.  You would note that there are many Chinese Suppliers in the field as well. But many of them supply poor quality e-rickshaws that may not meet the desirable quality standards and safety norms. 

Thus you must seek to buy from manufacturers of I-Cat Approved Electric Rickshaws in Bihar and the Government Approved E-rickshaws in Jharkhand. This will also ensure that your maintenance costs are lower as they are much more durable. Besides with them you can also cut down ob your overall operational costs as well. 

If you are looking for the best electrical rickshaws in Jharkhand and in Bihar then Jezza Motors is one of the leaders in the field where you can get the best range of products ate reasonable prices.