The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Business

OEMs entry may disturb E-Scooter business

by TLN Team March 23, 2021March 23, 2021
written by TLN Team March 23, 2021March 23, 2021
OEMs entry may disturb E-Scooter business

With the entry of mainstream Original Equipment Manufacturers (OEMs) in the e-scooter business which was so far dealing mainly with the start-ups, the electric two-wheelers are ready for disruption and could change the competitive land-scapes of the scooter segment, as per a report.

In line with this, the e-three wheeler (e-3W ) segment is also nearing an inflation point as it is almost at par with the CNG-run three-wheelers on a total cost of ownership basis, brokerage firm Motilal Oswal Financial Services said in its report.

Observing that higher cost of ownership due to regulatory factors, rising fuel prices, reduction in Li-ion battery prices, and subsidies being offered under thenCentral Government’s FAME-2 scheme as well as by the state governments are factors resulting in narrowing of the price gap
between an internal combustion engine (ICE) driven two wheeler and an electric two-
wheeler (e-2W ), the report said “it is believed that e-2Ws are ready for disruption, particularly urban-focused scooters are at risk of faster electrification.”

This has the potential to change the competitive land-scape of the Rs 340 billion scooter segment, with market size as large as round 5.6 million units.

The 2W industry witnessed considerable price inflation due to regulatory changes. The cost to the customer has risen by around 25 per cent till January 2021 from April 2018 levels. At the same
time, the cost of a Lithiumion battery continues to fall, with an estimated decline of around 24
per cent during same period.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Increase bed counts to avoid panic situation: Mayor Dayashankar Tiwari
next post
Ashrita Mahila Mandal Nagpur organises DIY beauty hack competition

You may also like

MOIL registers record May production registers growth of 43% yoy

June 1, 2023

15-year lock-in period relaxed for women property buyers...

June 1, 2023

Explore the beauty of marble with Asian Marbles:...

May 21, 2023

Vidarbha on the way for sustainable and Profitable...

May 15, 2023

Ex-ICAI Nagpur chairman Saket Bagadiya nominated for ICAI...

May 13, 2023

NVCC form new membership committee

May 10, 2023

VIA Session “Interaction on Certification and Marketing of Natural...

May 6, 2023

Cooperation Minister advises NDDB to make India “dairy to the world” with...

April 28, 2023

Session on Edit log – A Statutory Compliance...

April 27, 2023

VIA & LITAA : Virtual Seminar on “...

April 26, 2023

Trending News

  • Ahmednagar to be renamed Ahilyanagar

    May 31, 2023
  • Cricketer Deepak Chahar’s dance goes viral after CSK win

    May 30, 2023
  • Filmmaker Vignesh Shivan clicks selfies with Dhoni and Jadeja’s wives at IPL

    May 30, 2023
  • Chennai lifts up IPL trophy, becomes champion for 5th time

    May 30, 2023
  • Sachin Tendulkar to be Named as Smile Ambassador for Maharashtra’s Swachh Mukh Abhiyan

    May 30, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

March 2021
M T W T F S S
« Feb   Apr »
1234567
891011121314
15161718192021
22232425262728
293031  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.