The sprawling E-Rickshaw market in India has been witnessing a great demands over the time. The growing need of mobility across cities and the reduced priced of mobility with battery charges has led the invention of E- rickshaws to become a formidable choice for easy commute with in the cities for civilians.
Witnessing The Growing Need For Such EV’s
E-Rickshaw platform’s relative success in the recent few years, showcases the necessity of a new formidable indigenous E rickshaw in India. As per a report by Auto Car professional the E-Rickshaw segment is being ruled by foreign players and certain equipment’s that are used in the production are even being imported from the foreign market.
Bajaj seeks to manufacture the whole E-Rickshaw indigenously and offer the market a much more reliable and affordable e Rickshaw that can easily upkeep with the foreign players in the market.
The report by Auto car Professional further elucidates about how the brand can probably launch their First E- Rickshaw by the end of FY2025 or early April.
Bajaj To develop A large E-Rickshaw
The Same report further delineates how the variant that Bajaj would introduce would be larger in size and would allow much more passengers to be carried. Bajaj seems to be planning ahead and wants to market a product that would be easily able to carry a greater number of people than the E rickshaw and beyond that also ensure that the new variant that they market has the capability to hoard cargo and help local user.
Hyundai’s New Auto
At the recent Bharat Mobility Expo, Hyundai had showcased the new auto rickshaw concept. Hyundai had plans to produce the new E – Rickshaw in a collaboration with TVS. This new collaboration might soon lead to results that could very possibly revolutionize the new E rickshaw market. Its also possible that in the near future both the Hyundai Auto rickshaw as well as the E- Rickshaw by Bajaj.