June 11, 2019 / by Indrajeet / In Zypp / 0 Comments
How is electric scooter sharing taking the Indian market by storm?
Do you know that in 2016, India overhauled China to become the leading two-wheeler market in the world? Yes! Two-wheelers rule the Indian roads. The reasons for this are many – gearless, user-friendly, economical, and more importantly a savior in the ever-increasing traffic problem.
Beating climate change with electric vehicles
But too much of anything is bad. The increasing number of fuel-driven vehicles has led to a drastic rise in greenhouse gas emissions, such as carbon dioxide, methane, and nitrous oxide, contributing to global warming and climate change. In 2010, a NASA study even declared that automobiles were officially the largest net contributor to climate change pollution in the world!
However, increasing awareness among people and support from the government are the key factors driving the growth of electric vehicles in India. Electric vehicles use an electric battery (removable and rechargeable) instead of fuels which means no harmful emissions and no noise. Owing to all the benefits, the Indian electric scooters and motorcycles market is projected to reach 757,900 units by 2025, registering a CAGR of 42.9% during the forecast period.
We all know of carpooling and cab-sharing. These are environment-friendly and money-saving options. And recently, there is a rise in people opting for e-scooter sharing too. Many companies like Mobycy are working towards making your commute more affordable, eco-friendly, and user-friendly. The electric bike and e-scooter sharing services are booming in the Indian market because it solves the last mile commute problems without any hefty investment. Zypp, the electric scooters by Mobycy, are available on-the-go and with a few taps, you are good to go.