The number of e rickshaws scouring is growing steadily. E rickshaw distributors in Kolkata believe that the pandemic is doing more good to this sector than harm.
The second wave of covid-19 is spurring its head once again, and businesses are facing an economic downturn massively. With the lockdown imposed on various states, there has been a slowdown in the ease of doing business. As a result, there is a significant disruption in the demand and supply chain. The pandemic has a grave impact on oil prices that hit rock bottom. Oil prices & derailment of the economy from growth might dent the prospects of faster adoption of electric vehicles in our country. E rickshaw dealers’ availability in Kolkata constraint may impact the near-term demand.
According to the Centre of Civil Society, the number of E-Rickshaws increased from 4000 in 2010 to more than 1 Lakh. However, a large percentage of such vehicles have no registration. With urbanization at its peak and high demand for transportation, there is a lot at stake. The intricately designed E-Rickshaws that come with covered cabins and a full front windscreen will provide last-mile connectivity.
Continue reading Covid-19 Pandemic And India’s E Rickshaws Market: What Can You Expect?