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Wednesday, January 25, 2012

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Accura Bikes Private Limited (ABPL) manufactures and sells electric bikes, a product which has shown tremendous sales growth in India. The bikes are pollution-free and noise-free.

Electric bikes in India:
  1. According to an AC Nielsen market study, the share of electric bike sales was forecasted to increase to 500,000 units by the end of 2009, nearly four times the 130,000 electric bikes sold in 2007.
  2. Globally, sales of electric bikes have grown by 20 percent since 2005, a trend that is expected to continue.
  3. Electric bikes are a pollution-free and economical means of transport. They serve as a viable, environmentally-friendly alternative to conventional bikes and scooters in India and other developing countries.
Accura Bikes: Making a difference
  1. Each Accura Bike will save on average 1.015 tons of CO2 every year.
  2. The company currently sells the vehicles through a dealer network that covers 14 states within India, and will reach 17 states in the next year.
  3. The Yadi bike is Accura’s flagship model, and their best-selling product. It can run for more than 800 kilometres for the cost equivalent to one liter of petrol, and has a range of about 70 kilometers on a single charge. It produces no noise or pollution, requires no maintenance and no registration, and is comfortable to ride and easy to charge.
Environmental and social impacts:
  1. The company has a buyback provision in order to ensure that used batteries are recycled and do not pollute the environment.
  2. E-bikes are also extremely cost-effective, due to their low operating costs, making them ideal for low-income consumers in developing countries.

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