Over the years, the innovations in electric vehicle technology, battery design have changed the shape of public transport in India. For any buyer, whether they are a driver or a dealer, investing in the right e rickshaw manufacturers can be profitable in the long run. This is because there is a huge drive for sustainability and eco-friendly initiatives in the large business sectors, and e-rickshaws are a great example.
Here are several factors that electric rickshaw manufacturers primarily consider when deciding the price of this vehicle:
1. Type of Battery
The type of battery directly affects the price of the electric rickshaw because it is central to the performance and efficiency of the e-rickshaw. Lithium-ion cathode batteries have a longer life than lead-acid batteries. Hence, the former costs more than the latter.
2. Capacity of Battery
The capacity of a battery means its ability to run for a long time and distance without discharging. The higher the capacity, the higher the price of the electric rickshaw.
3. Motor Power
The power of the motor makes any electric vehicle more capable of withstanding the load put on the rickshaw. In the construction zones where heavy load debris and raw material are loaded, or the logistics transportation prefers motor power with higher capacity, hence its cost is high.
4. Frame Build Quality
The build quality depends on the type of material used in the frame and chassis. Its welding joints, weak points and the overall physical, mechanical and thermal properties create a reliable rickshaw, and its price is reasonably proportionate to these factors.
5. Seating Capacity
What is being transported also determines the cost of an electric rickshaw. The passenger rickshaws have more space than cargo rickshaws. In a cargo rickshaw, there is only space for the driver and a helper, while the passenger rickshaw has 4 seats made of non-slippery, smooth material. So, the passenger rickshaws are priced higher by the e rickshaw manufacturers.
6. Financing Options
Many government schemes have been rolled out by the state and central government bodies for the buyers of electric rickshaws. With subsidies and low-interest loans, access to affordable rickshaws is possible.
7. Brand of E Rickshaw Manufacturers
Electric rickshaw manufacturers with longer industry experience and a proven track record may charge higher because they offer assured service and dependable quality. It saves money on maintenance and repair work in the long run.
8. Market Demand
The market demand for e-rickshaws is growing. Although it changes its growth curve as per the rules and regulations by the government, and also the economic conditions.
Conclusion
Electric rickshaws are affordable and sustainable vehicles that are easy to drive across the Indian roads. As a dealer, you must assess these factors before buying from the trusted e rickshaw manufacturers. We recommend you choose Singham E Rickshaws as we provide dedicated support and our policies are aligned with the interests of our mutual growth.
