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Sunday, October 28, 2018

Will SUN Mobility assist India’s eRickshaws Heroes/Heroines?




Can SUN Mobility motivate its end users to accept Digital Payments??

SUN Mobility ‘Quick Interchange Stations’ to accept only Digital Payments

Government of India under the leadership of Shri Narendra Modi is aggressively pushing for Electric Vehicles.

          One segment has already taken the lead in the switchover to eVehicles without waiting for any Government support. This segment is on the roads 24*7  to  cater to the vast numbers requiring last mile connectivity.

          The last-mile connectivity is to their homes from the nearest Transport Hub i.e Metro Stations, Railway Stations, Shopping Malls, Educational Institutions, Bus Depots, Religious Places, Local Fairs, and Shopping Hubs.

          Rickshaws are still a very popular mode of transport in Bharat and India too. They play a very important role in bridging the last-mile connectivity issues.

          Indian Rickshaw drivers are willing to switch over from conventional petrol/diesel vehicles to Electronic Rickshaws, in spite of challenges in charging the electric batteries.

           ‘E-rickshaw’ boom in Kolkata rides on ‘jugaad’

          Rickshaws also enable the tourists to soak into the local milieu and explore the bylanes of tourist spots safely and quickly.

          E-rickshaws in Jaipur: Freedom on three wheels

          Women rickshaw drivers at the vanguard - go ladies go!

          Indian decision makers at all levels are still slow in lending a helping hand to folks sweating out to reduce the pollution by adopting eVehicles.  

          A focussed policy for easy financing and easy licensing to these Rickshaw Drivers will

01)  Reduce noise pollution
02) Reduce environmental pollution
03) Reduce maintenance   costs  of both public and private vehicles
04) Increase job opportunities
05) Increase earning capacity
06) Increase the happiness quotient
07) Increase footfalls at tourist spots

          SUN Mobility business model is to provide pre-charged Electric Batteries to Electric Vehicles in India.
         
SUN Mobility’s business model separates the battery from the vehicle making EVs financially viable for the first time.

SUN Mobility modular Smart Batteries™ are smaller, lighter, and swiftly swappable confronting long-charging time.

All SUN Mobility Smart Batteries will be connected to the Quick Interchange Station Network.

This will enable SUN Mobility to track its batteries performance all the time without any manual interface.

The end result is to create a convenient refuelling infrastructure, faster and cheaper than existing petrol and diesel pumps for ICE vehicles.

The only mode of payment at the SUN Mobility QIS’s is Digital. Physical Cash is not accepted.

This digital payment mode can be leveraged by SUN Mobility to :

A)   Introduce a Open-Loop Card/Semi-closed Loop Card
B)    eAuto and eRick  drivers can accept digital fares from their customers to this card.
C)    The payments at the QIS can be made through this card
D)   Tie-up with Finance companies can be done for eAuto and eRick drivers to own Safe eVehicles.
E)    Auto deduction of Daily instalment from the eAuto / eRick Driver’s Card to the Finance Company can be set up.
F)    Finance companies can track the performance of the eAuto/eRick through the SUN Mobility Network. Any aberrations can be dealt immediately before the Loan turns into NPA

    
          Quote

A total of 635,698 three-wheel vehicles were sold during the fiscal year that ended in March – a 24 percent increase from a year earlier, according to the Society of Indian Automobile Manufacturers. By comparison, about 3.3 million passenger cars were sold, mostly all powered by gasoline or diesel.

          One hindrance to the potential growth of EVs is the lack of charging and battery-swapping stations nationwide. India had about 425 publicly available charging points at the end of last year. By 2022, government and private efforts are expected to boost that to an estimated 2,800 charging points, according to BNEF.

Instead of waiting, some companies are starting to build their own infrastructure. SmartE partnered with Delhi Metro Rail Corp. to provide charging near 10 stations, with plans to expand throughout the 214-station system by the end of 2020.

Another hindrance is the lack of bank financing for traditional rickshaw drivers, who typically earn low incomes, said Shishir Agrawal, managing director of Shigan eVoltz Ltd., the parent company of manufacturer GreenRick.

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Looking forward to a Less Pollution future for our countrymen/women

Further Reading

01)  How Reva founder Chetan Maini is trying to redefine the future of urban transport

02) E-Rickshaw Revolution Sees India Leave China In The Dust

03) There are more e-rickshaws in India than battery-powered passenger cars in China



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