Assalam-o-Alaikum!
Today i am very excited to share my views and knowledge in this informative community. Most of the world's petroleum products are slowly disappearing and only a few countries are producing these products. Due to decrease in reserves and monopoly of these selective countries, the prices are increasing day by day. Therefore, transportation-intensive technology is being shifted to electricity due to depletion of petroleum reserves. Especially developing countries are facing extreme economic difficulties. Even the daily expenses of the middle class citizens of these countries cannot be met. Among the technology used for transportation, the middle-class residents in such countries have a motorcycle, whose expenses for petrol etc are also becoming very difficult to meet due to the increase in the prices of petroleum products.
Four Wheelers Posh Sign
In transportation related technology, 4 wheeler was shifted to electric technology, which was limited to the posh class due to its high cost and which did not reach the middle class. This technology has made 4 wheelers, especially cars, more and more luxurious due to which it has come to be recognized as a kind of posh product and its benefits are also limited to this particular Middle Class segment. So now 2 wheeler has also moved to electric technology. Like other countries, 2 wheeler electrical technology is becoming popular in Pakistan as well.
Two Wheelers Necessity
This technology is also considerably less expensive than the petroleum products technology, so it is becoming a necessity of the middle class people. If it is compared with the technology of petroleum products, the following information comes before us. The use of electric motorcycles in Pakistan has increased in the last 2/3 years. For this reason, companies belonging to this sector in Pakistan are setting up plants by sharing with Chinese companies.
If Electric Powered motorbikes are compared with the Petrol-Powered, the following information comes before us.
- Easy Maintenance
- Environment Friendly
- Easy to Ride
- Petrol consumption Free
- Rapid Acceleration
- Echo Friendly
Industry in Pakistan
This industry has not yet become so reliable in Pakistan because one of the many misfortunes of Pakistani society is that people here are not quick to get rid of conventional habits. The middle class here has little inclination towards modern technology due to which they depend on conventional things. Followings are also other factors which are becoming hurdles for growth of this particular industry.
- Related plants and factories are not operating in remote areas.
- Their spare parts are not easily available in local market.
- Adequate marketing has not been done
- Related Industry is not being backed by Government sector
- Loan Schemes are not launched
By removing the above-mentioned communal deficiencies, this industry can reduce the expenses and increase the income of the middle class.
Hi @awais5, we're sorry to say we're skipping this post as you don't belong to any clubs as you're new to Steemit (less than a month), Hope you've engaged more in power -ups and that you belong to a club status and from there we can start supporting you.
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