Have you ever wondered about the major challenges faced when setting up an e-rickshaw business? In the year 2023, you may have learned about the enormous benefits that e-rickshaws provide and how profitable the business is. But, what people may not know about setting up an e-rickshaw business are the major challenges that come with it. Worry not, because Sodyco has your back. 

Sodyco is an e-rickshaw manufacturing firm based in West Bengal. We promise a battery-operated, eco-friendly solution as a business vehicle.

Let’s learn about the major challenges faced when setting up an e-rickshaw business so that you can tackle them to the best of your ability.

 

• Manufacturing –

Finding the right components for manufacturing e-rickshaws can prove to be a challenge in some places. Rims, Tyres, Brakes, Headlight, Taillight, Horn, Turning Lights & Traction Batteries, Wire Harness, Throttle, Motor, & Controllers are purchased from AIS-approved companies. Whereas, the company itself will make chasis & assemble the body parts along with painting & testing the vehicle within the premises.

• Finance-

Finance is in itself a tricky subject in the case of business, and it is a driving factor as the entire business sets up on it. If you are starting your e-rickshaw business venture you should be thorough and meticulous about all the expenses and the cost from manufacturing to delivering. The cost of materials, labor, batteries along proper advertisements should all be taken into account. You should also keep in mind the expense related to repair and maintenance. Such account keeping will help you understand what money, goes where and will ensure that you don’t spend more than you make.

• Concerns over Safety-

With e-rickshaw becoming more and more popular, there have been concerns raised about safety when driving and traveling in an e-rickshaw. As the vehicle is comparatively light, there have been many accidents caused by drivers’ carelessness. There are several drivers who operate the vehicle without a valid license due to its easy-to-drive nature. Additionally, the lack of stringent policies limiting e-rickshaw speed is extremely important for reducing mishaps.  

 

 

• Lead Batteries-

Today most of the batteries used are lead-acid batteries and there are dangers to it. The deep discharge of lead-acid batteries is extremely harmful. Eye contact or swallowing can cause internal damage. Also, these have a short lifespan, making your expense increase due to the constant changing of the batteries. 

 

Conclusion

If you keep the following point in mind and keep a check on proper quality control, your business can be a thriving business. 

We hope you liked our blog on Major Challenges faced when setting up an e-rickshaw business. If you want to have an e-rickshaw business of your own by owning a Sodyco dealership, enquire here.