India is home to about 1.5 million battery-powered, three-wheeled rickshaws, a fleet bigger than the total number of electric passenger cars sold in China since 2011. As many as 11,000 new e-rickshaws hit the streets every month, and annual sales are expected to increase by 9 per cent by 2021. Three-wheeled vehicles make up a $1.5 billion market.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2PlQBoc
