Description
Electric rickshaws (E-rickshaws) have garnered widespread popularity in the rapidly evolving transportation landscape. In line with this trend, the government has set ambitious targets for electric vehicle (EV) adoption, aiming for a 70% market share in commercial vehicles, and an impressive 80% in two and three-wheelers by 2030.
Amidst this transformative shift, India’s automotive sector has emerged as a global powerhouse due to its fiercely competitive market. As a result of these opportunities, the Battery Wali Rickshaw segment has also emerged as a promising avenue for aspiring entrepreneurs seeking to embark on their business journey.
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