Thanks. Context?
India on Electric wheels
Thanks to the economy recovery, the electric bike sales gradually rising these days. Undoubtedly India is seen as future hub for electric bikes. In this article we shall discuss "what's going on in the Indian electric bike industry? "
How electric bikes begin in India?
First in India, Bangalore based Ekovehicles & Gujarat based Electrotherm have stepped into this new form of business which was then a very new concept to Indians. Slowly they picked up sales because of electric bike advantage of no-license and no-registration. But as the technology still in nascent stage, there were a lot of service related problems faced by the costumer and due to this, the entire concept of electric bike lost the good will of costumers.
Then UK based Ultra Motors ltd and India based Hero Electric ( a Hero motor group company ) joined hands and flagged of a successful production and marketing of electric bikes along with good after sales service. Though the pair had successfully branded the electric bike concept in India, they got separated and currently launching their products individually.
Mean while Avon cycles, Lectrix Motors ltd, Ampere vehicles pvt ltd, TI cycles also launched their electric bikes and concentrating on the "know how"& "know why" aspects of electric bikes and hoping a big future for this business. Currently there are more than 45 small & large electric bike companies in India (http://www.evhub.biz/ebikehome ).
EVHUB.BIZ team has compiled news articles from various media sources to show the future trend of the electric bike market in India.
Ultra Motor India is planning to launch three scooters, including one in the high speed category, and import a high- end model to India by next year. "Electric vehicles category is becoming more and more important globally and it will substantially grow in India as well. We are planning to sell 55,000 units in India in 2009-10," Ultra Motor Chairman and CEO Joe Santana said. ( Source: UMI website )
Hero electric, the Hero Group company hopes to sell 25,000-30,000 bikes this year, up 40 per cent from last year. Its plant has an annual capacity of 120,000 units.
Electrotherm India Ltd (EIL) has posted revenues of Rs.200 million in the July-September period this year, compared to Rs.130 million in the previous quarter. During the quarter under review, the company reported a 54 percent increase in the sale of Yo-bikes.
Thanks
How electric bikes begin in India?
First in India, Bangalore based Ekovehicles & Gujarat based Electrotherm have stepped into this new form of business which was then a very new concept to Indians. Slowly they picked up sales because of electric bike advantage of no-license and no-registration. But as the technology still in nascent stage, there were a lot of service related problems faced by the costumer and due to this, the entire concept of electric bike lost the good will of costumers.
Then UK based Ultra Motors ltd and India based Hero Electric ( a Hero motor group company ) joined hands and flagged of a successful production and marketing of electric bikes along with good after sales service. Though the pair had successfully branded the electric bike concept in India, they got separated and currently launching their products individually.
Mean while Avon cycles, Lectrix Motors ltd, Ampere vehicles pvt ltd, TI cycles also launched their electric bikes and concentrating on the "know how"& "know why" aspects of electric bikes and hoping a big future for this business. Currently there are more than 45 small & large electric bike companies in India (http://www.evhub.biz/ebikehome ).
EVHUB.BIZ team has compiled news articles from various media sources to show the future trend of the electric bike market in India.
Ultra Motor India is planning to launch three scooters, including one in the high speed category, and import a high- end model to India by next year. "Electric vehicles category is becoming more and more important globally and it will substantially grow in India as well. We are planning to sell 55,000 units in India in 2009-10," Ultra Motor Chairman and CEO Joe Santana said. ( Source: UMI website )
Hero electric, the Hero Group company hopes to sell 25,000-30,000 bikes this year, up 40 per cent from last year. Its plant has an annual capacity of 120,000 units.
Electrotherm India Ltd (EIL) has posted revenues of Rs.200 million in the July-September period this year, compared to Rs.130 million in the previous quarter. During the quarter under review, the company reported a 54 percent increase in the sale of Yo-bikes.
Thanks
1 - 6 of 6 Posts
People in India are willing to ride almost anything. Ebikes will suceed there if they can keep the price competitive.
And if they have the electricity to charge the battery. Perhaps they can adapt a pedal powered generator to install on eBikes to charge the battery while riding. Er, nevermind.
Not hating, by the way, just wondering why this press release-looking block of text was haphazardly dropped on this forum.
Not hating, by the way, just wondering why this press release-looking block of text was haphazardly dropped on this forum.
It looks like the electric bikes they are referring to in this article are more what we call Mopeds here in the US as they only have pedals because they have to to skirt the laws. You would be hard pressed to pedal one very far though without the motor. This type of vehicle has its following but is not a bicycle.
The positive aspect is that they use batteries and battery technology is fueling the e-vehicle marketplace at this time. New technology driven by the cell and computer industry is feeding in to the vehicle marketplace as per this example: http://www.greencarcongress.com/2009/12/panasonic-20091225.html#more
Batteries are becoming more powerful and most importantly for the e-bike marketplace lighter all the time and the more they make the lower the cost seems to go also. For example a few years ago a 48v 12 Ah Lithium battery suitable for e-bike use was $1200 and now they can be had for under $500 with a charger. The markets in place in Asia and the EU have had alot to do with this and bringing another large market like India in to the equation will also help so that when the wave hits the states pricing should be much better than it is now and that is a good thing.
The positive aspect is that they use batteries and battery technology is fueling the e-vehicle marketplace at this time. New technology driven by the cell and computer industry is feeding in to the vehicle marketplace as per this example: http://www.greencarcongress.com/2009/12/panasonic-20091225.html#more
Batteries are becoming more powerful and most importantly for the e-bike marketplace lighter all the time and the more they make the lower the cost seems to go also. For example a few years ago a 48v 12 Ah Lithium battery suitable for e-bike use was $1200 and now they can be had for under $500 with a charger. The markets in place in Asia and the EU have had alot to do with this and bringing another large market like India in to the equation will also help so that when the wave hits the states pricing should be much better than it is now and that is a good thing.
thanks for give me your opinion
nasim
nasim
1 - 6 of 6 Posts
- This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Mountain Bike Reviews Forum
A forum community dedicated to Mountain Bike owners and enthusiasts. Come join the discussion about bike parts, components, deals, performance, modifications, classifieds, trails, troubleshooting, maintenance, and more!
Full Forum Listing
Explore Our Forums
Top Contributors this Month
View All
ilmfat
764 Replies
DIRTJUNKIE
443 Replies
Sparticus
416 Replies
Recommended Communities
