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World is in crisis now due to lot of environmental issues, temperatures are rising in various parts of the world. Major contributors of this menace are Energy and automotive sectors. Since last 100 years the situation is accumulating and now we must do something for controlling the global warming.
Hence nowadays Going Green is the trend for many companies. Many automotive leaders are investing on R&D in Electric Vehicle sector and developed electric car prototypes. Still these vehicles are yet to be commercialized.
Electric bike concept is buzzing around in India for last 5 years. Currently in India there are more than 50 electric bike companies (Ref:EVHUB.IN web portal) distributed around India and operating locally. These companies includes both organized and unorganized sector. Post economy slump, electric bikes market is booming in India but rate of growth is less significant. There are various reasons effecting the e-bike market in India and are as follow
Costumers inertia to change from convectional automobiles.
Lack of knowledge on Electric Vehicles concept, working.
No common platform to represent Electric Vehicles companies.
Read full press release at http://www.evhub.biz/news/introduction-to-evhubin
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