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The rapid growth of E-Rickshaws in Delhi has brought attention to their income potential and the financing ecosystem surrounding them. This report aims to investigate and uncover key insights into the income generation of E-Rickshaw drivers and the various financing models employed in the industry. The study analyzes data collected from a sample of 69 For lithium-ion battery E - Rickshaw and 69 for Led acid battery E-Rickshaw drivers in Delhi, focusing on factors such as battery type, trip length, daily distance covered, financing options, down payments, loan repayment periods, and missed EMI payments. The analysis reveals significant findings regarding the performance and earnings of E-Rickshaws powered by different battery types. Lead Acid Battery (Paani Wali Battery) and Lithium-Ion Battery (Sukha Battery) are compared based on factors such as average trip length, distance covered on a daily basis, average trip length reported by drivers, and average earnings per trip. Additionally, the study explores the financing ecosystem by examining the prevalence of financing versus outright purchases, down payments made, monthly EMIs, loan repayment periods, and instances of missed EMI payments. The analysis was conducted using software such as SPSS. The results suggest that E-Rickshaws equipped with lithium-ion batteries tend to have longer average trip lengths and cover greater distances on a daily basis compared to those with lead-acid batteries. However, there is no significant difference in the average earnings per trip between the two battery types. Moreover, the financing analysis indicates a trend towards outright purchase rather than financing. While some drivers opt for financing, the study finds that the down payment amounts, monthly EMIs, and loan repayment periods vary significantly between the two battery types. Furthermore, the majority of drivers report no instances of missed EMI payments. So, this project provides valuable insights into the income generation potential and financing ecosystem of E-Rickshaws in Delhi. The findings can assist policymakers, industry stakeholders, and E-Rickshaw drivers in making informed decisions regarding battery choices, income generation strategies, and financing options, thereby unlocking the full potential of this emerging mode of transportation.
Keywords: E-rickshaw, Environment-Friendly vehicle, transport policy, Battery Operated Vehicle.
