Leave Petrol Auto, Adopt E-Rickshaw: Earn ₹ 900 per day at less expense, will also get the benefit of government subsidy.

Rising inflation and skyrocketing prices of petrol and diesel have broken the back of the common man. Especially for those people who earn their livelihood through public transport or auto rickshaws, meeting their daily expenses has become a big challenge. But now times are changing. With the aim of protecting the environment and increasing the income of the middle class, the government is now strongly promoting electric vehicles (EV).

If you are fed up with the huge expenses of your old petrol auto, then now is the right time to say goodbye to it. Battery operated e-rickshaws are not only environment friendly, but they can also prove to be a ‘money printing machine’ for your pocket. Due to government subsidy schemes and low cost, today e-rickshaw has emerged as the best option for self-employment, which can guarantee you a sure and handsome income every month.

Why is e-rickshaw needed today?

E-rickshaws have many technical and economic advantages compared to traditional petrol or CNG autos. The biggest advantage is its maintenance cost. A petrol auto has complex components like engine, gearbox and clutch, which demand frequent repairs. Whereas, e-rickshaw has only one motor and battery. The major advantages of e-rickshaw are-

1. Zero Pollution: No noise and no smoke.
2. Low fuel consumption: It can travel 80 to 100 kilometers on electricity of ₹ 50-60.
3. Relaxation in license and registration: The registration process for e-rickshaw has been greatly simplified.

benefit of government subsidy

The Government of India is providing huge discounts on purchasing e-rickshaw under the ‘FAME-II’ scheme and the ‘Electric Vehicle Policy’ of various state governments. In this, along with exemption in cash subsidy, road tax and registration, easy loan facility is also available. In states like Uttar Pradesh, Delhi, Maharashtra and Bihar, direct subsidy ranging from ₹ 30,000 to ₹ 50,000 is being given on purchasing e-rickshaw.

Apart from this, road tax on electric rickshaw is completely waived in most of the states. Also, under Pradhan Mantri Mudra Yojana, you can take a loan of Rs 50,000 to Rs 2 lakh at a very low interest rate for e-rickshaw. Now let us understand with a small example how beneficial e-rickshaw is for you in comparison to petrol/diesel-

Description	Petrol/CNG Auto	e-rickshaw
Fuel consumption (per day)	₹300 – ₹400	₹50 – ₹70
Maintenance (monthly)	₹2,000 – ₹3,000	₹500 – ₹800
Net Profit (Monthly)	₹15,000 – ₹18,000	₹25,000 – ₹35,000

If you earn ₹ 1,000 a day, your net profit in petrol auto will hardly be around ₹ 500. At the same time, in e-rickshaw this profit can go from Rs 800 to Rs 900.

Better option for self employment

E-rickshaws are no longer limited to cities only. Now even in towns and villages, e-rickshaws have become the first choice for last mile connectivity i.e. the distance from railway station or bus stand to home. Due to it being easy to drive and light, a large number of women are also becoming self-reliant by driving e-rickshaws. People running small shops or doing other work can also earn additional income by running it in the evening.

Battery and charging solution

Nowadays, e-rickshaws with lithium-ion batteries are available in the market which get fully charged in just 3-4 hours and their batteries last for a long time (3-5 years). Apart from this, Battery Swapping stations have opened in many cities, where you can get a fully charged battery in just 2 minutes by giving your discharged battery.

Summary: Instead of waiting for petrol prices to come down, it makes sense to move forward with technology. Battery e-rickshaw will not only give you freedom from inflation, but will also provide a secure future for your family and a source of handsome monthly income with government subsidy. If you drive a petrol/CNG rickshaw, then shifting to EV can be a much better choice.