Electric Auto / Rickshaw Fleet

About This Business

Start an electric auto-rickshaw or e-rickshaw fleet business catering to urban last-mile connectivity demand and growing preference for clean transportation. E-rickshaws are rapidly replacing traditional cycle rickshaws across India, and electric three-wheelers are booming in cargo delivery for e-commerce and food delivery platforms. Central demand incentives for electric three wheelers now come under PM E-DRIVE (to 31 March 2028) and are much smaller than the old FAME II amounts, so check the current rate on the PM E-DRIVE portal, and state EV policies in Delhi, Maharashtra, Gujarat and Karnataka still improve the economics. Revenue comes from fleet leasing to drivers (typically 300 to 500 rupees per day per vehicle), own-driving operations, or partnerships with ride-hailing platforms like Ola Electric and Rapido. A fleet of 10 to 15 vehicles can generate steady monthly income of 1.5 to 3 lakh rupees with proper management.

Skills Required

Steps to Start

1. 1Check the current PM E-DRIVE three wheeler incentive and state EV incentives
2. 2Purchase 5-10 electric autos from approved manufacturers (Mahindra, Piaggio, YC Electric)
3. 3Claim the PM E-DRIVE incentive through the manufacturer or dealer at purchase
4. 4Get commercial vehicle permits and driver licenses
5. 5Deploy fleet by leasing to drivers or operating through ride-hailing platforms

Registrations Needed

Related Government Schemes

Related Bank Loans

Official Links