Growth of Electric bikes - a potential business opportunity

Electric bikes are constantly growing in India these days. Entrepreneurs are optimistic in this business, despite the low sales trends. In India, there are more than 40 e-bike companies ( EbikeHome ( Currently 44 E-bike companies in India - check it @ EVHUB.BIZ ) ) (Welcome to EVHUB.BIZ) ) manufacturing electric bikes. Almost all companies importing electric bike parts in completely knocked down (CKD) kits from countries like China, Taiwan and assembling in India and selling in India.

Being keen about product quality & market capture, Indian companies are currently concentrating on

  1.  The dispatch of quality CKD kits at vendor end to reduce the inline quality issues. 
    
  2.  Investing in R&D and indigenizing the e-bike components and developing them in India. This helps the manufacturers have a better control over quality. Some companies developing e-bike dealers & service equipment manufactures.
    
  3.   Good after sales service. The whole e-bike technology is new, the more the company cares its costumers more goodwill it gains.
    

E-bike business in a nascent stage, there are many business opportunities are seen for coming years. Taking E-bike manufacturing into consideration, there are companies like Hero electric, Ampere Vehicles pvt ltd, Ultra Motors ltd, Lectrix Motors Ltd, TI and many more establishing themselves into this business. Hence, no company yet captured this business. This simply means that still there is a scope for a newbie to come and stand in the business of manufacturing electric bikes.

read more @ Growth of Electric bikes - a potential business opportunity (Welcome to EVHUB.BIZ)

One of the reasons I decided to go forward with the F-14 EV concept.

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