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Tata Capital > Blog > Loan for Vehicle > 5 Things You Need to Know Before Investing in Electric Scooters in India

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5 Things You Need to Know Before Investing in Electric Scooters in India

5 Things You Need to Know Before Investing in Electric Scooters in India

Owning an e-scooter is very different from owning a traditional bike. And the differences don’t stop at fuel alone. So, if you’re planning on making an investment in e-scooters, here are a few things to consider beforehand.

India doesn’t have a developed charging infrastructure

Fuel at petrol stations may be expensive. However, e-charging stations are harder to find. Additionally, e-scooters need to be juiced up frequently and charging a long time. So, just having a charging point at home doesn’t cut it, especially if you’re buying your e-scooter to cover occasional long-distance travels as well.

Buying an e-scooter with longer battery life or one equipped with fast charging capabilities can help, but they can cost a lot of money. Thankfully, you can get a loan to cover purchasing costs on flexible terms. And all you need to do is select an appropriate EMI plan using a bike loan EMI calculator.

Additional Read: Hero Electric: Best Electric Bikes & Scooters in India

City commutes can be challenging

If you live in an Indian city, you know commuting can be challenging. Along with narrow roads and long highways, cities also have traffic. So, you choose an e-scooter that makes commuting easy.

E-scooters these days come with comfortable ergonomics and various driving modes to make your driving experience smoother. In fact, you can even switch between driving modes and alter the performance of your e-scooter as you wish.

Weather can affect the range of an e-scooter

E-scooters typically can cover only a certain distance in a single charge. This is the range of the scooter, and it changes with the weight, slope and even temperature. In other words, the weather can alter the performance of your e-scooter. So, consider the real-world range of an e-scooter before buying one and buy one with a higher range.

Sure, this will cost a few extra bucks, but you can get a bike loan to cover purchasing costs if you’re short on funds. Most lenders even offer loans at affordable bike loan interest rates these days.

E-scooters come with all the latest technology available in conventional bikes

Conventional bikes undoubtedly see a faster innovation rate. But e-scooters aren’t far behind. Today, you can buy e-scooters equipped with the latest features, including the best-in-class display, navigation capabilities, charging ports, and internet connectivity.

The only caveat? The price may be on the steeper end. Thankfully, a two-wheeler loan that can easily cover these costs.

Additional Read: Ola Electric Scooter: Key Features, Mileage, Prices in India

You can finance an e-scooter without dipping into your savings

You may have an e-scooter in mind and might have saved sufficient funds to purchase them too. But did you know you are better off purchasing an e-scooter with a bike loan? That’s right. A bike loan not only helps you pay the cost of your vehicle upfront, but it does so without stressing out your finance in the process. The best part? Bike loans are pretty easy to secure, thanks to a fuss-free, simple online application process.

Get a loan with Tata Capital and enjoy attractive bike loan rates and flexi-repayment plans. Connect today!

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