TECHGuru

  E-rickshaw Market: Introduction Increase in sales and production of electric vehicles as an alternative for fuel-based mobility, owing to several government initiatives and environmental regulations on the electric vehicle industry, is projected to drive the e-rickshaw market An e-rickshaw is used for passenger commute and load transportation, and it is accepted as a key alternative to petrol, diesel, and CNG auto rickshaws. E-rickshaws are cheaper, faster, and cleaner to maintain as compared to traditional auto rickshaws. An e-rickshaw has several electronic components such as electric battery, throttle, controller, motor, and harness, which are together used to drive the vehicle. Key Drivers of  E-rickshaw Market E-rickshaws are considered less risky than conventional auto rickshaws and cycle rickshaws, as they does not require peddling or fuel for commute and hence, witness high demand. Increasing investment by manufacturers of electric vehicles to design and develop more...