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Industry experts claim that due to more daily rides, electric three-wheelers are proving to be a lucrative option. As opposed to its petrol counterpart which has a running cost of approximately Rs. 4 per km, the electric alternative is around Rs. 0.5 per km.
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As a responsible e-commerce business leader, you are constantly battling cut-throat competition with wafer-thin margins. The winning formula in such a business comes from practices where business economics and environmental sustainability can co-exist. It’s every entrepreneur’s responsibility to actively contribute to decongesting the roads and decarbonising the environment through eco-friendly logistics systems.
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COVID-19 has had devastating effects on the world as well as the Indian economy. While most industries in India have taken a hit and to win in adversity, many companies have tailored strategies to fit in today’s unique context. The Indian e-commerce industry has exhibited unprecedented growth as the estimated revenue from this segment will reach $120 Billion in 2020, growing at an annual rate of 51%.
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The coming decade in India looks electric. There is a lot to gain, both in terms of energy conservation and economic growth, with the adoption of electric vehicles. As per a report by NITI Aayog, accelerated adoption of electric vehicles can lead to savings of $60 billion in petrol and diesel costs. Most importantly, electric vehicles in India have zero tailpipe emissions, are less noisy, and with a tank-to-wheel efficiency of approximately 60-80%, they outperform your conventional cars considerably.
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If you have been thinking of buying an ebike but hesitant to pull the trigger, now might the perfect time to make that purchase. The COVID-19 pandemic has completely changed how we get around on a day-to-day basis. Public transportation is seen as risky. You might consider walking to get errands done. But that can also be time-consuming when you are in a hurry. In such a scenario, ebikes offer an effective solution.
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