There are many opportunities for you to start and run your business if you want to. Amongst them is a profitable business idea of getting an e-rickshaw dealership. 

E-rickshaws have become the modern-day alternative to auto rickshaws due to their eco-friendly nature, cheap fare, and low maintenance.

Sodyco E-rickshaws are non-pollution, soundless, eco-friendly, and easy to drive and maintain. Furthermore, they are ICAT and CIRT certified. These certificates solidify the quality of the Sodyco E-Rickshaws in the market.

Let’s learn more about why you should get an e-rickshaw dealership.

 

Why should you get an E-rickshaw Dealership?

Here are some selected data from numerous studies that show the e-rickshaw industry’s performance and prospective growth.

1. Every month, around 11,000 new E-rickshaws are purchased in India.
2. In 2021, it is expected that annual sales will increase by 9%.
3. The electric vehicle sector in India is dominated by e-rickshaws, which have an 80% market share.
4. Over 935.5 thousand units are expected to be sold by the year 2024.

 

The requirements of getting a dealership are simple and easy to achieve. These are as following:-

Space Requirements

• A space of a minimum of 400 sq.m is required for e-rickshaws.
• A space minimum of 200 sq.m is required for electric scooters.
• Seating space is also required for 3-4 people in Village Level Entrepreneurs (VLEs)
•  Basic amenities such as drinking water, male and female restrooms, a first aid kit, and fire extinguishers.
• A person with good marketing skills and technical knowledge.

 

Investment Requirements

• For E-Rickshaws, a security deposit of Rs. 2,00,000/- (two lakhs) is required.
• For E-Scooters, a security deposit of Rs. 1,00,000/- (one lakh) is required.
• VLE will obtain the dealership in 30 days as planned.
• The TC and Setup Process takes a long time. Even so, the procedure will be quick as compared to other dealers.

Opportunities of Earning for E-rickshaw Dealers

Opportunities for earning for e-rickshaw dealers are as following:-

• Dealers can earn up to 10-12% of the showroom price on selling a unit E-rickshaw.
• Dealers can earn up to 8-10% on selling a unit of electric scooter.

Conclusion

E-rickshaw dealership is a profitable business if one buys the dealership from the right brand like Sodyco. Want to have a Sodyco dealership? Click here.