Slow speed electric scooters make up 90% of the electric scooter market. While Ola, Ather, Bajaj, TVS together make up just 10% of the electric scooter market share.
It is rather surprising to see that none of the top 4 branded companies (Ola, Ather, Bajaj &TVS) make slow speed electric scooters and together the fast eScooters make up just 10% of the electric scooter market in India.
What are slow speed eScooters? Slow speed electric scooters are those electric scooters which have a top speed less than 30kmph.
Indian govt must encourage this adoption by removing the WATTAGE RESTRICTION for slow speed eScooters because scooters need higher wattage if they have to carry another passenger or heavy load over flyovers.
So Govt should amend the Indian Motor Law… actually it could increase the speed to 30kmph (from the existing 25kmph) and remove wattage restriction and ensure these vehicles do not cross 30 kmph… actually the speed could be increased to 40kmph to make the vehicles more popular.
In the age of flyovers its time modern India does away with old laws with nonsensical wattage restriction… which prevent slow speed eScooters from climbing flyovers even with single rider… carrying a heavy load is unimaginable for him… India needs to do this to reduce the petrol consumption in Indian vehicles.
Currently these slow speed scooters do not require:
Continue readingPlease check while applying for the OLA IPO… Check whether you are applying for the OLA CABS Company IPO or the OLA Electric Company IPO.
Both are DIFFERENT companies… and both are as different as chalk & cheese.
On the other hand Ola Electric scooter is the boss of electric scooters in India. It is almost…
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Mahindra has given away a lot of its money buying companies with good potential and unable to run it professionally … Reva Car, Ssangyong motor & GenZe scooter company are some names that come to mind.
Silver lining is that this comes with PORTABLE BATTERIES & should cost BELOW Rs 50,000... It looks to have fatter tires too… VERY PROMISING… but trust Mahindra to mess things up!
Electronics manufacturer Foxconn may be best known as an Apple iPhone supplier, but the company is getting into the car business — and it’s starting off with plans for multiple electric cars (and a bus).
On Monday, the company shared a teaser video for its Oct. 18 Hon Hai Tech Day 2021.
Read full article: here
1. GoGoRo business model will struggle in India just like Indian business model will struggle in Taiwan
2. Ola will takeover the entire scooter business (petrol+eScooter) in India in 3 short years
3. Hero, Bajaj, TVS, have just 3 yrs to find a business, bring it to India, get it started… do advertisment and find buyers… Bajaj is setting up a new company for EV Vehicles… Hero Motorcorp is bringing Gogoro business to India… obviously there is no time for all this circus… they should have invested in an Indian startup which is already making eScooters… best one to buy was PureEV.
If I was to invest in a company I would have invested in PureEV… lambi race ka ghoda hai yea PureEV…
I think the Heros, Bajajs, TVS, etc they have no idea what is going to hit them in 1.5 year time
This Diwali Indian eScooter market…
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