Budget 2021: The way ahead for e-bikes

PUBLISHED:

See more TechGraph stories in your search results.
Google Add TechGraph on Google

The rise of electric vehicles is inevitable around the world and India alike, further enabled by governments around the world.

The Indian population largely moves on two-wheelers, with approximately one-third of all households owning one. Two-wheelers also account for as much as 75% of India’s vehicular emissions, unfortunately putting the majority of the onus of emission reduction squarely on the shoulders of those riders.

- Advertisement -

It is for this reason that the Indian government unveiled its EV subsidy programs, FAME (Faster Adoption and Manufacturing of Electric Vehicle). This has helped in driving the adoption of electric-scooters on Indian roads. However, the rate of adoption is still low primarily due to the heavy upfront cost and the lack of charging infrastructure.

This is where electric bicycles, aka e-bikes, play a crucial role. With their ease of use and maintenance, low upfront cost, high energy efficiency, and portable design, e-bikes have rapidly been seen as the most viable option for intra-city mobility. Delivery personnel, for eg., have seen an effective rise in delivery fulfilments when using e-bikes as opposed to the traditional scooter and motorcycle. E-bikes have become a very eco-friendly alternative to the large two-wheeler using population.

Innovations in e-bikes are increasing rapidly. Bulky lead-acid batteries have made way for much more compact & lighter nickel-cadmium and lithium-ion batteries. Innovations have also given rise to newer trends including folding e-bikes and IoT enabled smart e-bikes with app connectivity. 

With such development, e-bikes have become a highly sustainable and effective solution to the air pollution and traffic congestion woes of India. However, the cost of an e-bike is out of reach from most of the country’s two-wheeler riders. The government’s focus on EVs has still been restricted to only motorized vehicles and hence, is inadvertently missing out on the massive opportunity at hand.

From the perspective of e-mobility, the government should extend the benefits and subsidies under FAME II to electric bicycles as well. Since e-bikes operate at a much lower speed bracket, they are not extended the benefits of the FAME II program. 

This would help manufacturers to make their e-bikes much more accessible to the end consumers. Apart from being eco-friendly, e-bikes also solve the issue of traffic congestion and range anxiety (an issue that plagues the EV industry) since they can be pedaled even without a battery charge.

Also, schemes such as public bicycle sharing systems across cities to promote the use of e-bicycles. The government must also consider offering incentives to people who chose to cycle to work. In countries like the United Kingdom, tax reliefs are offered to people according to miles cycled.

Under the government initiative of skill India, more workers should be trained for electric vehicle manufacturing. There is a lack of reserves of materials like nickel, cobalt which forced the manufactures to be dependent on imports. 

- Advertisement -

The government must initiate policies to promote the use of e-bikes with fiscal incentives for greener mobility. Incentives should be passed on directly to customers to encourage them to ride and purchase e-bikes. If we want to move towards pollution-free spaces and bring down energy usage, then electric bikes are the way to go.

Stay ahead of the curve, every day.

A daily briefing covering news, interviews, and the trends driving the world forward. Curated for readers who want news, not noise.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Ankit Kumar
Ankit Kumar
Ankit Kumar is a CEO of GoZero Mobility

Latest Stories

TECNO to launch CAMON 50 Ultra Smartphone in India

Smartphone maker TECNO has announced the launch of the...

Why does Enterprise need an AI exit strategy before adapting?

From being experimental to being a necessity for any...

How Technology-Led Skilling Is Strengthening India’s Healthcare Services Economy

India’s medical services segment is entering a transformative phase,...

Organic BSC Volume Bot: What Timing Variation Actually Changes

Timing is one of the easiest automation details to...

The AI Studio Economy: SimplifyGenAI’s Gurleen Khurana on Redefining Creative Production

Speaking with TechGraph, Gurleen Khurana explains how generative AI is transforming brand storytelling, creative production, and the rise of integrated AI studios.

StationPC PA100 Pro: The Next-Gen Portable NAS Storage Solution for On-the-Go Professionals

The next-generation PocketCloud (model: PA100 Pro) portable NAS from...

The Borderless Startup: FinStackk CGO Nithin Reddy on Simplifying Financial Operations for Global Founders

Speaking with TechGraph, Nithin Reddy, Co-founder & Chief Growth...

Related Articles

Choosing a White Label Crypto Wallet Company for Business Growth

Discover what businesses should consider when selecting a white label crypto wallet company, from self-hosted solutions to customization and security.

Beyond Tourism: What Is Driving the Real Estate Boom in Goa?

Goa’s real estate market is drawing attention for more than its tourism economy. As infrastructure improves and buyer preferences evolve, the state is witnessing changes that extend beyond seasonal demand.

The Rise of Connected Commerce: Why Real-Time Inventory Visibility Is Becoming a Competitive Advantage

The digital commerce landscape is evolving at an unprecedented pace. As brands expand across...

Sol Volume Bot: Choosing a ChartUp Solana Volume Package

Choosing a ChartUp package should begin with the engineering question, not the largest available...

The AI Studio Economy: SimplifyGenAI’s Gurleen Khurana on Redefining Creative Production

Speaking with TechGraph, Gurleen Khurana explains how generative AI is transforming brand storytelling, creative production, and the rise of integrated AI studios.

StationPC PA100 Pro: The Next-Gen Portable NAS Storage Solution for On-the-Go Professionals

The next-generation PocketCloud (model: PA100 Pro) portable NAS from StationPC has officially been unveiled,...

TECNO to launch CAMON 50 Ultra Smartphone in India

Smartphone maker TECNO has announced the launch of the CAMON 50 Ultra under its premium CAMON series in India on July 17. Designed to attract...

The Borderless Startup: FinStackk CGO Nithin Reddy on Simplifying Financial Operations for Global Founders

Speaking with TechGraph, Nithin Reddy, Co-founder & Chief Growth Officer at FinStackk, discussed how...

The New Collateral in Lending Isn’t an Asset; It’s a Citizen’s Consent

Old habits die hard, and few habits in Indian finance have died harder than...

CasinoBonusesFinder UK: how filters, Telegram alerts and real bonus matching work in practice

Anyone who has spent serious time on casino bonus hunting knows the drill. You...