e rickshaw business model
- Ronakk Auto
- Aug 19
- 2 min read
E Rickshaw Business Model – A Profitable Future with Ronakk Auto
The e rickshaw business model has transformed India’s last-mile connectivity by offering an eco-friendly and cost-effective transport solution. With growing demand for electric mobility and government support, investing in e rickshaws is a golden opportunity. Whether you are a manufacturer, dealer, or entrepreneur, understanding the right business model ensures success in this booming industry.
Why the E Rickshaw Business Model Works in India
Low Investment, High Returns: Starting an e rickshaw dealership or fleet requires relatively low capital but offers quick ROI.
Eco-Friendly Transport: The push for green mobility makes the e rickshaw business model highly sustainable.
Growing Demand: With increasing urbanization, e rickshaws are becoming the backbone of city and town transportation.
Government Support: Subsidies, easy financing, and EV-friendly policies add strength to this model.
Types of E Rickshaw Business Models
1. Manufacturing Model
Companies like Ronakk Auto and Sargam E Ride produce high-quality e rickshaws, batteries, and spare parts. Entrepreneurs can invest in dealerships to sell these products.
2. Dealership/Franchise Model
Becoming a dealer of leading brands under the e rickshaw business model ensures steady customer inflow and long-term growth.
3. Fleet/Passenger Service Model
Owning a fleet of e rickshaws and renting them to drivers on daily/weekly basis is another profitable approach.
4. Leasing & Financing Model
Financial institutions and entrepreneurs can offer loans or leasing options to drivers, building a recurring income source.
5. Battery & Charging Station Model
The battery replacement and charging business is a critical part of the e rickshaw business model, offering high demand and profits.
Top 10 E Rickshaw Brands in India
Ronakk Auto – Known for reliable and affordable e rickshaw solutions.
Sargam E Ride – A trusted brand with strong dealer support and durable models.
Mahindra Electric
Piaggio Ape Electric
Atul Auto
Udaan Vehicles
Gayam Motor Works
Kinetic Green
Lohia Auto
Thukral Electric
Future of the E Rickshaw Business Model
With India moving toward 100% electric mobility, the e rickshaw business model is expected to grow rapidly. Industry experts predict multi-fold growth by 2030, with millions of units on the road. Entrepreneurs who invest today will reap huge profits in the coming years.
FAQs on E Rickshaw Business Model
Q1. Is the E Rickshaw Business Model profitable?
Yes, it offers quick ROI due to low investment and high daily demand.
Q2. Which company is best for the E Rickshaw Business Model?
Ronakk Auto and Sargam E Ride are among the top brands offering strong dealer networks and quality vehicles.
Q3. What are the government benefits for e rickshaw business?
Subsidies, tax benefits, and easy loan approvals are provided to promote EV adoption.
Q4. Can I start a small-scale E Rickshaw Business Model in towns?
Yes, small towns have growing demand, making it an ideal location to start.