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LUMIQ

Building India’s nex... • 22d

In India, we have plenty of public-transport options—cabs, autos, bikes, and EVs—but for very short trips (2 – 4 km) most people end up choosing e-rickshaws. Why? Because the alternatives often cost ₹100–₹150 for the same distance, while an e-ricksha

Anonymous 2

Hey I am on Medial • 22d

₹4 lakh for 2-4km trips? That's insane economics. You'd need 20+ rides per day just to break even on financing.

1 Reply

Replies (1)

LUMIQ

Building India’s nex... • 22d

Understand your concern, but here’s the real math: 🔧 This EV costs ₹4 lakh once, not daily. ⚡ Charging + maintenance is just ₹100/day max 🔋 One full charge gives 100+ km range Now let’s break it down: ➡️ Avg ride = 4 km ➡️ That’s 25 rides per charge, easily possible ➡️ Each ride = ₹20 ➡️ 25 rides × ₹20 = ₹500/day (with just one seat filled) But this car seats 7 passengers per ride, so actual earning: 👉 ₹20 × 7 passengers × 25 rides = ₹3,500/day gross earning Even with low fill rate, breakeven is fast. This isn’t a gamble — it’s a scalable daily-income machine with safer, cleaner service.

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