The Indian commercial vehicle market is witnessing a massive shift toward sustainable mobility, and electric three-wheelers are leading the charge. If you are an operator looking for an affordable, high-performing passenger vehicle to scale your last-mile connectivity business, the Speedways Electric Riko Tricycle deserves your attention.
Designed specifically to tackle crowded city lanes and uneven semi-urban roads, this electric passenger tricycle blends durability with low operating costs. Here is an in-depth review of the Speedways Electric Riko Tricycle, covering its price, mileage, battery capacity, and key features.
Affordability is one of the biggest strengths of the Riko Tricycle. It offers an excellent entry point for individual operators and fleet owners alike.
Ex-Showroom Price: Starts from ₹1.50 Lakh* (Prices may vary slightly based on state subsidies, local taxes, and dealerships).
Financing Options: With an affordable starting price, many commercial vehicle financiers offer easy EMI schemes starting around ₹2,800 per month, making it highly accessible.
For any electric vehicle passenger vehicle, performance boils down to how far it can go on a single charge and how quickly it can get back on the road. The Speedways Electric Riko Tricycle delivers highly practical results for daily operations.
Driving Range: It offers a reliable range of 80 to 90 km per charge, which is ideal for fixed-route city commutes and e-rickshaw operations.
Battery Capacity: Equipped with a robust Speedways EV 120 Ah (48V) battery pack paired with a 60A controller.
Charging Time: The vehicle takes approximately 4 to 5 hours to fully charge using its standard 48V 12A charger, allowing operators to easily power it up overnight.
Here is a quick look at the core specifications that define the performance of the Speedways Electric Riko Tricycle:
| Parameter | Specification |
| Motor Type | High-efficiency 1250W BLDC Motor |
| Maximum Power | 1 hp |
| Top Speed | 24 km/h |
| Seating Capacity | Driver + 4 Passengers (4+1) |
| Gross Vehicle Weight (GVW) | 1000 kg |
| Ground Clearance | 270 mm |
| Wheelbase | 1915 mm |
| Gradeability | 15% (Easily climbs flyovers and minor slopes) |
| Transmission | Automatic (1 Forward + 1 Reverse) |
The vehicle is built on a heavy-duty, anti-rust steel chassis designed to withstand daily wear and tear. Its fully built chassis-with-cabin design provides structural rigidity, making it safe for daily commercial passenger transport.
With a Driver + 4 passenger seating configuration, it ensures ample legroom and cushioned seating. To absorb the shocks of Indian potholes, Speedways has equipped this tricycle with dependable leaf spring suspensions at both the front and rear ends.
Featuring a standard handlebar-type steering wheel and a tight turning radius of 3100 mm, navigating through dense traffic is a breeze. Braking duties are handled by reliable drum brakes on both front and rear wheels.
Operating with zero tailpipe emissions, this EV passenger vehicle helps reduce urban air pollution. More importantly, the running cost per kilometer is a fraction of traditional diesel or CNG auto-rickshaws, resulting in higher daily profit margins for drivers.
Highly competitive and affordable price tag of ₹1.50 lakh.
Low-maintenance layout with minimal moving parts.
Excellent ground clearance (270 mm) to avoid underbody damage.
Sturdy anti-rusty body frame for enhanced longevity.
The top speed is capped at 24 km/h (standard for low-speed L3M category vehicles), restricting it from highway use.
Lacks advanced features like digital infotainment or smartphone connectivity.
The Speedways Electric Riko Tricycle stands out as a highly economical, dependable, and eco-friendly electric rickshaw choice in India. While it keeps things simple on the technology front, it excels where it matters most: affordability, solid structural durability, and optimal battery efficiency.
If your primary goal is to maximize daily earnings with minimal running costs in urban or semi-urban routes, the Speedways Riko Tricycle is an excellent investment for your transport business.
