Electric rickshaws (also known as Tuk Tuk, e-rickshaw) have been becoming more popular in some cities since 2008 as an alternative to auto rickshaws and pulled rickshaw because of their low fuel cost, and less human effort compared to pulled rickshaws. They are being widely accepted as an alternative to Petrol/Diesel/CNG auto rickshaws. They are 3 wheels pulled by an electric motor ranging from 650-1400 Watts. They are mostly manufactured in China, only a few other countries manufacture these vehicles.
Jangid Motors is a product of the Shree Ram Autotech Pvt. Ltd group and has already made a huge impact in the Indian market due to the fact that they have introduced the popular E-rickshaws, which are an eco-friendly alternative to allow people to travel over moderate distances without polluting the environment. Vehicle enthusiasts aside, this has received a lot of acclaim purely for being an environmentally friendly means of transportation that is also considered to be quite budget friendly for a majority of the people who use it.
E-rickshaws are essentially battery operated vehicles that have three wheels on them and, in structure; they resemble an auto rickshaw a little. Since these are battery operated, there are no emissions whatsoever to harm the environment .
These vehicles have what is known as a tubular chassis with a lightweight body as well. The electrical components include the batteries, the throttle, motor, harness and the controllers that are used in order to make this vehicle move properly. The most important part of this is the chassis which mainly ensures a higher quality when it comes to the drive and performance of the e-rickshaw. The motor power used in these vehicles can range from 650W to 1250W. The batteries, on the other hand, range anywhere between 80A to 120A, which is what ensures that these are high powered vehicles that have a decent speed and pickup. This has been one of the most innovative inventions for transportation in the Indian market and has been met with an extremely good response from everyone who has used it.
Operations Commenced On 2015
Distribution Commenced On 2020
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 400000
Royalty/Commission 08 %
Anticipated percentage return on investment 162 %
Likely pay back period of capital for a Channel Partner 7-9 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Floor area requirement 1900 - 1900 Sq.ft
Do you have a standard dealership agreement? Yes
How long is the dealership term for? 5 Years
Is the term renewable? Yes
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