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

NARENDRA MODI’S GOVERNMENT WILL ADDRESS ALL GST ISSUES...

May 15, 2022

Udyamita Yatra to reach city on May 24

May 13, 2022

Swiggy shuts down Supr Daily, suspend Swiggy Genie

May 11, 2022

VIA LEW conducted seminar on “Role of Technology...

May 11, 2022

Rupee touches all-time low of Rs 77.42 against...

May 10, 2022

Coal India is the third largest corporate spender...

May 8, 2022

Parag Agrawal’s wife linked with Musk’s $44 bn...

May 8, 2022

Valediction Ceremony of the 74th Batch of Indian...

April 28, 2022

GST notices should be resolved leniently: NVCC

April 28, 2022

Multi-country outbreak of Salmonella linked to Kinder chocolate...

April 28, 2022

Trending News

  • Know how to block spam calls on iPhone

    May 16, 2022
  • India reeling under 50°Celsius is a matter of concern

    May 16, 2022
  • Rohit Sharma, K L Rahul to be rested for T20 series

    May 15, 2022
  • Australian Cricket Star Andrew Symonds Dies In Car Crash

    May 15, 2022
  • Rainfall in 15 States till 18th May: IMD Alert

    May 14, 2022

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
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.