ELECTRIC BIKE AND ELECTRIC SCOOTER
[CODE NO.4144]
Electric two-wheelers, as indicates itself, is electricity-powered two-wheelers. A battery pack and a motor are installed to store and transform the electricity. A user control is usually attached to the handle bar to brake and adjust the speed.
“Battery operated Vehicle (Two-Wheeler)” means a vehicle adapted for use upon roads and powered exclusively by an electric motor whose traction energy is supplied exclusively by traction battery installed in the vehicle.
"Provided that a two wheeled battery-operated vehicle shall not be deemed to be a motor vehicle if all the following conditions are verified and authorized by any testing agency specified in rule 126 namely:-
a) Vehicle is equipped with an electric motor having thirty-minute power less than 0.25 kW;
b) Maximum speed of the vehicle is less than 25 krn/hr;
c) Vehicle is fitted with suitable brakes and retro-reflective devices, i.e. one white reflector in the front and one red reflector at the rear;
d) Unladen weight (excluding battery weight) of the vehicle is not more than 60 kg.
e) in case of pedal assisted vehicle equipped with an auxiliary electric motor, in addition to above, the thirty-minute power of the motor is less than 0.25 kW, whose output is progressively reduced and finally cut off as the vehicle reaches a speed of 25 km/hr, or sooner, if the cyclist stops pedaling".
ADVANTAGES
1. Noise less operation.
2. Cheapest way to travel.
3. Comfort and safety are high.
4. Light weight.
5. Have cool pickup.
6. Have big storage (depends upon model but they have comparatively bigger storage then that of petrol ones)
7. No license.
8. No registration (only if your speed is limited till 35kmph)
9. No cost service on vehicle. Cause it is just oiling brakes and cleaning vehicle.
10. No helmet required (for low-speed ones)
11. Best for age range of 16–60 yrs people.
DISADVANTAGES
Charging battery takes minimum 8hr of time. Compared to petrol ones this is just freaking out time cause petrol ones are refilled in seconds.
Fun turns to problems when you go out of battery! I have pushed my e-bike upto 50km till now cause I used to travel 60 total in my scooty and one day I couldn't charge it so I pushed it but thanks to the drivers many of them helped me by pushing my vehicle kilometers!
Expensive! They cost equal to best petrol scooty.
Eg: my e bike costs equal to the cost of Honda Dio latest model.
Low speed yea they have low speed compared to petrol vehicles!
Battery requires high care like there are rules that you have to wait for half hour before charging it if you have come from long distance applies for shorter distance also the battery should not be overcharged the battery should be kept with care no water to be put at all.
You cannot take it out during rain, you can actually but it will reduce the battery life. You must remember it is features because people will literally kill you by asking it is features and Price anywhere! Till now I have met 46+ people who have asked me about it some asked at highway some at market some at mall some even phoned me Huh….
COST ESTIMATION
Plant Capacity 360 Nos./Day
Land & Building (48,000 sq.mt.) Rs. 9.47 Cr
Plant & Machinery Rs. 4.54 Cr
Working Capital for 2 Months Rs. 130.85 Cr
Total Capital Investment Rs. 145.50 Cr
Rate of Return 43%
Break Even Point 28%
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)
Fill in your details to receive a sample industrial project report and explore how our consultancy can help you plan your business professionally.
Speak with our experts and get personalized guidance for your manufacturing business idea, project planning, machinery selection, and investment strategy.