In New Delhi, car sales haven’t been going too well. The sale of electric scooters, on the other hand, is on the rise.
The global economy has harmed many businesses, not the least of which is the oil and gas dependent auto market. Instad of buying cars, people are purchasing scooters (both those that run on petrol and those that are electric).
The government is giving some help – several Indian states have waived sales and other taxes on thse electric scooters, which have definitely helped their sales. However, the low maintenance cost and low running cost make them highly desirable even without those tax benefits.
Sales of electric scooters rose 42.25% in the six months ending 31 December, according to a survey conducted by the Confederation of Indian Industry.
Electric scooters sold last year are believed to number about, 100,000, or about one-tenth of the total scooters sold. However, that’s just a drop in the bucket – being only about 1% of all two-wheelers, including bikes, sold in the country.
Hero Electric, a division of Hero Cycles Ltd, expects his company to sell as many as 30,000 electric scooters this fiscal year, up from 21,000 last year.
The major electric bike producers in India are Hero Electric, Ultra Motor India Pvt. Ltd and Electrotherm India Ltd. However, they have about 65 smaller competitors, who typically import the scooters or kits that need assembly from China.
Scooters with a top speed of 25km per hour don’t have to be registered by the road transport authorities. This makes them popular with teenagers.
Housewives and senior citizens account for a majority of the sales, dealers say.
Tags: auto market, buying cars, car sales, confederation of indian industry, country hero, drop in the bucket, electric bike, electric scooters, electrotherm india ltd, global economy, hero cycles ltd, india pvt ltd, indian states, low maintenance, maintenance cost, road transport, running cost, senior citizens, transport authorities, two wheelers
nice post dude !!!!!!!!
i wanted to know the history of the scooters
1>WHICH WAS THE FIRST SCOOTER
2>IN WHICH YEAR IT WAS MADE
3>BY WHOM IT WAS MADE.ALL THE HISTORY OF SCOOTERS FROM THE 1st SCOOTER TILL NOW.
IN INDIA
its good to see that with the rise in petrol pries we found that we can move without tension but i want to know how huch it runs when once charged battery
Regards:-
Arjun Singh
E-scooters are more enjoyable and fun fetching that even elders finds the chance to use it, as it is adjustable to any height. Now we can say it is the desire of the man of any age. With these scooters, one can ride on the plane roads or off roads; it has added one more kind of fun in life’s of today’s trend. Electric Scooter is smaller, light in weight and requires less parking place.
F*ckin? amazing things here. I am very glad to see your article. Thanks a lot and i am having a look ahead to contact you. Will you please drop me a mail?
Ultra Motors India is shut down. Dealers are still selling Ultra products. They are still misleading that the electric vehicle carries one year warranty against manufacturers defects. Whereas the company is closed long back. There fore, there is nobody to extend this one year warranty. Even the dealers will be helpless. All they are trying to do is to push the stock out. They are misleading the public saying the Argentum Electric has acquired Ultra Motors. Where as , Argentum is totally different company with no links with Ultra Motors. Ultra Motors have closed their Indian operation once for all. Those unlucky customers who have purchased Ultra electric bikes have everything to lose, as they will never get genuine spares and not service back-up from anyone. Wish you all bad luck fellows a very good luck.