Industry Overview
Electric Three Wheelers have emerged as a preferred mode of local transportation due to their low maintenance cost, low operating expenses, eco-friendly operation, absence of noise pollution, ease of driving, and their role as a source of livelihood. These battery-operated vehicles provide an affordable transport solution for drivers and passengers while requiring comparatively lower investment and operational costs.
Electric Three Wheelers generally consist of three wheels with a differential mechanism at the rear wheels and a mild steel tubular chassis. The vehicles commonly use brushless DC motors and a 48V DC electrical system, providing a driving range of approximately 90–100 km per full charge. Passenger variants are designed for the driver plus four passengers, while cargo variants are used for transporting lightweight goods.
The development of electric vehicles has historical roots dating back to the 19th century, with early electric cars appearing before modern battery technologies enabled wider adoption. Renewed interest in electric mobility developed due to environmental concerns, pollution control requirements, and the need for sustainable transportation solutions.
Electric Three Wheelers are now widely used for last-mile connectivity in India and other developing regions. Their low running cost, easy maintenance, zero-emission operation, and income-generation potential have created significant opportunities for users. Modern manufacturing facilities incorporate standardized components, fabrication systems, assembly fixtures, testing equipment, and quality control practices to support efficient production.
Cost Estimation
| Particulars | Value |
|---|---|
| Plant Capacity | 50 Nos/Day |
| Land & Building (10,000 sq.mt.) | Rs. 7.25 Cr |
| Plant & Machinery | Rs. 1.75 Cr |
| Working Capital for 1 Month | Rs. 36.94 Cr |
| Total Capital Investment | Rs. 46.34 Cr |
| Rate of Return | 33% |
| Break Even Point | 39% |
Content Index
- INTRODUCTION
- THERE ARE TWO TYPES OF E-RICKSHAW:
- ELECTRIC THREE WHEELER (PASSENGER)
- L5 VEHICLE
- MARKET OVERVIEW OF ELECTRIC VEHICLE IN INDIA
- TECHNICAL SPECIFICATION OF E-RICKSHAW
- GLOBAL ELECTRIC VEHICLE MARKET
- ELECTRIC THREE WHEELER MARKET SEGMENTATION
- ELECTRIC THREE WHEELER BATTERY TYPE OUTLOOK (REVENUE, USD MILLION, 2018 - 2030)
- ELECTRIC THREE WHEELER POWER OUTLOOK (REVENUE, USD MILLION, 2018 - 2030)
- ELECTRIC THREE WHEELER END-USE OUTLOOK (REVENUE, USD MILLION, 2018 - 2030)
- ELECTRIC THREE WHEELER REGION OUTLOOK (REVENUE, USD MILLION, 2018 - 2030)
- KEY PLAYERS OF ELECTRIC THREE WHEELER
- APPROVAL REQUIREMENT FOR VEHICLE OF CATERORY L2-L5
- CMVR REQUIREMENTS FOR TYPE APPROVAL OF 2-3W COMBI MODULE VEHICLES (CLAUSE 4.2)
- ELECTRIC VEHICLE MANUFACTURE PROFILE
- SPECIFICATION OF L5 CATEGORY ELECTRIC VEHICLE
- MAHINDRA ELECTRIC MOBILITY SPECIFICATION
- BATTERY OPERATED THREE WHEELER
- B.I.S. SPECIFICATION
- PRESENT MANUFACTURE OF L5 ELECTRIC VEHICLE
- SPECIFICATION OF E-AUTO L5
- ADVANTAGES OF E-ELECTRIC THREE WHEELER
- CONSTRUCTION OF E-THREE WHEELER
- MAJOR PARTS AND COMPONENTS
- SEQUENCES IN L5 ELECTRIC VEHICLE
- ASSEMBLING AND FITTINF IN L5 ELECTRIC VEHICLE
- FABRICATION PROCESS IN DETAILS
- PROCESS FLOW
- QUALITY CONTROL
- SUPPLIERS OF RAW MATERIALS
- SUPPLIERS OF PLANT AND MACHINERY
- UTILITIES PER MONTH (ESTIMATED)
- PRINCIPLES OF PLANT LAYOUT
- PLANT LOCATION FACTORS
- EXPLANATION OF TERMS USED IN THE PROJECT REPORT
- PROJECT IMPLEMENTATION SCHEDULES
- HEALTH SAFETY AND ENVIRONMENT
Appendix
- APPENDIX – A:
- 01. PLANT ECONOMICS
- 02. LAND & BUILDING
- 03. PLANT AND MACHINERY
- 04. OTHER FIXED ASSESTS
- 05. FIXED CAPITAL
- 06. RAW MATERIAL
- 07. SALARY AND WAGES
- 08. UTILITIES AND OVERHEADS
- 09. TOTAL WORKING CAPITAL
- 10. TOTAL CAPITAL INVESTMENT
- 11. COST OF PRODUCTION
- 12. TURN OVER/ANNUM
- 13. BREAK EVEN POINT
- 14. RESOURCES FOR FINANCE
- 15. INSTALMENT PAYABLE IN 5 YEARS
- 16. DEPRECIATION CHART FOR 5 YEARS
- 17. PROFIT ANALYSIS FOR 5 YEARS
- 18. PROJECTED BALANCE SHEET FOR (5 YEARS)
Frequently Asked Questions
Why Choose Us
- More than 45 years of experience
- Managed by expert industrial consultants
- ISO 9001-2015 Certified
- Registered under MSME, UAM No: DL01E0012000
How We Work
- 24/5 Research Support Get your queries resolved from an industry expert. Ask before you purchase.
- Custom Research Service Speak to our consultants to design an exclusive study for your needs.
- Quality Assurance All reports are prepared by qualified consultants & verified by experts.
- Information Security Your personal & confidential information is always safe and secure.
Detailed Project Report (DPR) includes Present Market Position and Expected Future Demand, Technology, Manufacturing Process, Investment Opportunity, Plant Economics and Project Financials. comprehensive analysis from industry covering detailed reporting and evaluates the position of the industry by providing insights to the SWOT analysis of the industry.
Each report include Plant Capacity, requirement of Land & Building, Plant & Machinery, Flow Sheet Diagram, Raw Materials detail with suppliers list, Total Capital Investment along with detailed calculation on Rate of Return, Break-Even Analysis and Profitability Analysis. The report also provides a birds eye view of the global industry with details on projected market size and then progresses to evaluate the industry in detail.
We can prepare detailed project report on any industry as per your requirement.
We can also modify the project capacity and project cost as per your requirement. If you are planning to start a business, contact us today.
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Key highlights
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge over major competitors
- An array of graphics, BEP analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth with an impact-analysis
- A clear understanding of the competitive landscape and key product segments
- Ask for FREE project related details with our consultant/industry expert.
- Share your specific research requirements for customized project report.
- Request for due diligence and consumer centric studies.
- Still haven't found what you're looking for? Speak to our Custom Research Team.
EIRI Board is a single destination for all the industry, company and country reports. We feature a large repository of latest industry reports, leading and niche company profiles, and market statistics prepared by highly qualified consultants and verified by a panel of experts.
Note: We can also prepare project report on any subject based on your requirement and country. If you need, we can modify the project capacity and project cost based on your requirement.
Our reports provide an expansive market analysis of the sector by covering areas like growth drivers, trends prevailing in the industry as well as comprehensive SWOT analysis of the sector.
Our Clients
- Our research reports comprehensively cover Indian markets (can be modified as per your country), present investigation, standpoint and gauge for a time of five years*.
- The market conjectures are produced on the premise of optional research and are cross-accepted through associations with the business players.
- We use dependable wellsprings of data and databases, and data from such sources is handled by us and incorporated into the report.
- Our project reports include detailed analysis that helps get the industry's Present Market Position and Expected Future Demand.
- Offer real analysis driving variables for the business and the most recent business sector patterns in the industry.
- This report comprehends the present status of the business by clarifying a complete SWOT examination and investigation of the interest-supply circumstance.
- Report gives analysis and in-depth financial comparison of real players/competitors.
- The report gives estimates of key parameters which forecast business execution.
