Transition & Conversion of Three-Wheel Rickshaws from Gasoline to Electric Vehicle, in Karachi
Assignment Name:
Transition & Conversion of Three-Wheel Rickshaws from Gasoline to Electric Vehicle, in Karachi
Country:
Pakistan
Location within Country:
Karachi
Name of Client:
Government of Sindh
Completion Date:
Ongoing
Name of Associated Consultants, if any:
None
Narrative Description of Project:
Karachi is the largest city and economic hub of Pakistan. The population of the city is nearing 25 million inhabitants. The city has about 3.5 million 3 Wheel Rickshaws running on gasoline. The government wishes to perform industry transition by converting these into fully electric ones. The project will be implemented under Public Private Partnership (PPP) through an investor(s). Several BRT Projects are under development in Karachi under various funding agencies, one of the aims is to use these converted EV for last mile connectivity of passengers using the BRT Network.
Description of Actual Services Provided by Our Staff within the Assignment:
Assessment of Existing Gasoline 3 Wheel Rickshaws
Assessment of Existing 3 Wheel Rickshaw Industry
Understanding of Existing Business & Operational Model (Cost, daily income, daily running requirements, popular routes etc.)
Understanding of Governmental Framework for Operations
Operational Planning
Traffic research
Identifying highly used by Rickshaws users
Estimating demand & other operational requirements
Exploring possibility of using EV Rickshaws as last mile connectivity for BRT Passengers
EV Requirements for Conversion
Functional requirements
Technical Specifications of EV
Assessment of Power Requirements
Assessment of motor, battery, spare parts, and repair & maintenance requirements in terms of suitability & availability
Identifying sources & cost of import for motors, batteries & other equipment
Assessment of Power for Charging Infrastructure requirements. Including possibility of solar charging
Development of Business Model
Exploring possibilities for adopting to more lucrative business model
Assistance in Development of Financial Model, Transaction Structure & Review of Legal Framework
Providing Requisite Assumptions for Developing a Financial Model
Assisting Financial Team in Determining PP Transaction Structure
Assisting in identifying changes needed for adopting conversion from gasoline & EV
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