Factors Affecting Electric Rickshaw
Prices in India 2024

There is a very simple rule of the market, as the demand for something increases, so does its price! With E-rikshaws becoming such a popular mode of transport in modern cities, the price of the same has increased as well. 

E-rikshaws are a sustainable and eco-friendly mode of transport and the most preferred means of transport for people looking to travel shorter distances. 

But is its popular use the only reason for the hike in price? Certainly not!<br>Here are the most common factors that affect the prices of e-rikshaws, 

1. Battery Type and Capacity

Just like the human body functions well if the heart functions well, the e-rickshaw operates better with a good battery that also comes with a good capacity. 

The two main types of batteries are lead-acid and lithium-ion batteries out of which the lead-acid ones are cheaper but they have a shorter lifespan and thus require more maintenance. Lithium-ion batteries are expensive but offer a longer life, better performance, and even faster charging. Even though the initial costs are high, they are a better option as they are more efficient and offer higher durability. 

Now comes the battery capacity which will determine the range of the battery. You will be able to travel longer distances on a single charge if the capacity of your battery is high. With this, it is understood that these are costly compared to batteries with a lower cost which are suitable for shorter trips.

2. Build Quality and Materials

The build of an e-rikshaw directly determines the e-rikshaw’s durability, safety, and ultimately, its price.

When the vehicle is made with high-grade steel or aluminium or any other composite material that is known to offer resilience and strength, it offers longevity and safety. These robust materials are known to withstand daily wear and tear, bumps on the road, uneven terrain, and even potential collisions. Even though this adds to a higher cost, these ensure that you have a more reliable ride and a safer one as well. 

A sturdy frame, well-welded joints, and a rust-resistant finish on your e-rikshaw will ensure a longer lifespan of your vehicle and will also add to a higher price.

3. Features and Specifications

The overall performance of these vehicles can be enhanced using a plethora of features. However, the one thing you need to remember is that the more features in your vehicle, the more its price will be. 

With superior braking structures like higher preventing electricity that is essential in busy site visitors situations and disc brakes as nicely are very important. There are many different functions like headlights, taillights, and flip signs that make certain higher visibility and street protection for the driver, passenger, and different guests on the street.

All of these definitely add to the cost but allow you to have peace of mind.

4. Brand and Manufacturer

Whatever product you buy, the reputation of the brand always plays an important role in determining its price. But how? 

Manufacturers that are established and have a proven record to show and a legacy to cater to are definitely going to be priced higher compared to others. The overall premiumness in the name of the brand affects the price of the e-rikshaw. 

Comprehensive warranty and after-sales services are features that only certain reputable brands offer. This is a feature that most buyers look out for because who wants to pay extra for spare parts and technicians after making a purchase, right? 

And providing these services automatically increases the price of the e-rikshaws.

5. Government Policies and Incentives

You may think about how government policies can affect the prices of e-rikshaws, but they do! 

There are certain schemes like subsidies and tax benefits that the Indian government offers and staying up to date with such policies and schemes can help you secure a better deal. These incentives can help reduce the overall cost of the vehicle. 

Also, there is healthy competition in the market since there are so many buyers which also drives down the prices for the vehicles making them even more affordable.


Once you apprehend those elements, you’re for your manner to securing the first-rate deal and first-rate price to your vehicle. When you decide to buy an e-rikshaw, the best way to go about it is to apprehend the factors that affect its preliminary price so that you can make a knowledgeable decision with the purpose of providing you with the most advantages in the long run.

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