E-cycles are slowly coming in fashion, though Petrol bikes and scooters have been popular in India for a while now and have been running quite successfully still.
The survey by Economic Times shows that two-wheelers consume 61.42% of India’s total petrol sales. Petrol consumption by two-wheelers exceeds 70% of total sales in Odisha, Bihar and Rajasthan . The report has said the skyrocketing petrol prices would dampen the demand for motorcycles. Two-wheelers alone consume more than 61.4% of the country’s 16 million tonne of gasoline sales, and 30% of this comes from villages.
Electric bicycles are slowly coming back. The hotbed for revival of battery powered bicycles is Coimbatore, the engineering hub of Tamil Nadu, which is famous for electric motors and wet grinders.
Eco Fibers is a Coimbatore-based start-up. It is building a concept electric bicycle that can travel between 30 and 100 kilometers on a single charge. The start-up is now raising funds through crowd sourcing to deliver its bicycle, named SPERO that can also be pedaled by health conscious riders.
A Trikke is a personal vehicle with a flexible frame on 3 wheels. Extremely stabilizing it in all conditions, on turns, or uneven surfaces. It’s not a scooter. It’s not a bicycle. It does not require petrol. The Trikke is a chain-less, pedal-less, personal vehicle with a three-wheel frame. The rider of the Trikke can use it as an alternative to other personal electric vehicles.
Only Hero Cycles enjoys a 40% share of the Indian market. The HMC group of companies under Pankaj Munjal recorded a turnover of Rs 2,496 crore in 2016-17 with profit before tax of Rs 114 Cr.
Similarly to the rust belt cities, residents of Christchurch, New Zealand took to cycling as a more efficient mode of transport when roads and routes were blocked. On top, and the Danish capital itself takes Copenhagenize’s first place, with Amsterdam and Utrecht running in close second and third. But UK government is limiting the chances for British cities to become the most cycle-friendly in the world. Once there was 9 million bicycles in Beijing
One Danish study reveals that for every kilometre cycled, society enjoys a 23 cent (16p) profit, while driving the same distance produces a net loss of 16 cents (10p).
The largest segment of the bicycle industry in India (17 million bicycles a year), is the Roadster. Accounting for some 55-60% (9-10 million units) of sales. This segment may well be not seeing growth. It is also losing out to motorised two-wheelers, which, unlike cheap cycles (Rs 3,500-5,000), can be bought on EMIs.
There is, however, an unlikely lifeline that has been keeping the segment alive. State governments like to give away cycles under various schemes and the Roadster remains the popular brand.
Now that the government is pushing the cycle industry , why can’t it spread awareness with some incentives for electric cycles ?