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Benefits of EV autorickshaw in India ? How are the beneficial for auto drivers in India ?

2017-12-15  General Insurance Studio - Editor  30 views

EV autorickshaws (Electric Rickshaws) are becoming a major game-changer in India — both for the environment and for auto drivers. Here's a full breakdown of their benefits and how they help drivers specifically:

Benefits of EV Autorickshaws in India

1. Eco-Friendly

 

  • Zero tailpipe emissions – helps reduce urban air pollution.
  • Helps cities meet green mobility and climate goals.
  • Quieter operation reduces noise pollution too.

Benefits for Auto Drivers in India

✅ 1. Massive Fuel Cost Savings

  • Electricity is way cheaper than petrol/CNG/diesel.
  • EVs cost around ₹0.50–₹1/km, while petrol/CNG autos can cost ₹2.5–₹3/km.
  • This leads to ₹10,000–₹15,000+ monthly savings on fuel for regular drivers.

✅ 2. Low Maintenance

  • EVs have fewer moving parts — no engine oil, no clutch, no gear system.
  • Fewer breakdowns and lower repair costs.
  • Battery and motor typically need less service than ICE engines.

✅ 3. Government Subsidies & Incentives

  • Central and state governments offer:
    • Purchase subsidies (under FAME II and state EV policies)
    • Road tax exemption
    • Lower registration fees
  • Some states offer incentives for scrapping old petrol/CNG autos.

✅ 4. Higher Daily Earnings

  • Lower expenses = more profit per ride.
  • Many drivers report 20–40% higher take-home income after switching to EV autos.

✅ 5. Battery Swapping Options Available

  • For drivers who can't wait hours to charge, many cities now offer battery swapping stations (like Sun Mobility, Yulu, Bounce Infinity).
  • Saves time, keeps the vehicle on the road longer.

✅ 6. Better Financing & Leasing Models

  • Companies and NBFCs offer EMIs, rentals, or lease-to-own models for EV autos.
  • Makes it easier for drivers to afford the switch.

✅ 7. Preferred in Some Areas

  • EV autos are often given priority licenses or permits in clean zones or urban areas.
  • Some cities may ban or restrict new petrol/CNG autos, giving EVs an edge.

Real-Life Example:

A driver using a CNG rickshaw may spend ₹500/day on fuel, while an EV auto user may spend just ₹50–₹100/day on charging — leading to ₹10,000+ monthly savings, which is huge for daily wage earners.


Challenges (but improving!)

  • Limited charging stations in some regions
  • Battery replacement cost (but most are now under warranty)
  • Initial purchase price (being reduced with subsidies)

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