Electric Vehicle Market: The Present Vs The Future

battery-operated e rickshaw distributor

E rickshaws are reliable, pollution-free, & affordable solutions powering the automobile market. Get an insight into the present and future of the market.

Positioned as an affordable means of public transport over short to medium distances, the e rickshaw dealers in Kolkata are witnesses to the growing use of vehicles. India is the largest market for two-wheeler and three-wheeler battery-powered vehicles which makes it uniquely suited for electrification. Amidst the industry-wide lockdown that prevailed in 2020, this is one of the few segments that grew at a healthy rate. 

Factors That Are Driving The Electric Rickshaw Market:

  • E-rickshaws are a low-cost variant of the three-wheeler market without an exact ICE (Internal Combustion Engine) counterpart. It varies in terms of design and specifications in comparison to electric autos. However, currently, e rickshaws hold a majority of the market. There are 80% of players from the unorganized category. 
  • Cargo e rickshaw manufacturers in Kolkata are of the view that passenger-carrying battery-powered vehicles will not only rule the present but the future as well. With high durability, large carrying capacity, and robust designs, these cargo e- rickshaws are proving to be highly beneficial. 
  • According to experts, the factor that drives last-mile connectivity is economics. And this the prime reason that led to the emergence of e-rickshaws. Even with the most expensive batteries, the expenditure on these vehicles is quite low. 
  • There are few states that are also handling out commercial permits only to e-3Ws. This is beneficial for most e rickshaw drivers as they get renewed opportunities to dive on main roads. 

What Does The Future Of E Rickshaw Have In Store For Us?

This mode of transport is now catering to a sizable portion of our population. In mega Indian cities, e rickshaws are meeting nearly 5% of the travel demand without degrading the environment. Additionally, in smaller cities, they meet 40-70 percent of the public transport gap. In the coming years, the market share of lithium-ion batteries is going to increase ten folds. This will further enhance the quality and capacity of the batteries.  The latest designs of e rickshaws will also fuel the growing trend and make the electric vehicle venture more profitable. 

Industry experts believe that with more daily rides, e-rickshaws are proving a more lucrative choice for short communications. With increasing energy concerns and surging fuel prices, electric vehicles are the best choice. It makes your small journeys more convenient. 


Being the leading battery-operated e rickshaw distributor in West Bengal, Plaudit always designs and brings the best products to the industry. Additionally, they cater to both your pre and post-sales requirements and guarantee proper replacements of spare parts.