Electric trikes, or e-trikes, are becoming increasingly popular worldwide due to their environmental benefits, affordability, and versatility. Whether for personal transport or cargo delivery, electric trikes offer an eco-friendly alternative to traditional vehicles. If you’re considering purchasing one, you might be wondering: How much is an electric trike? In this blog, we compare the prices of passenger and cargo electric trikes from various international and local manufacturers, and take a closer look at QSD’s electric trikes and what sets them apart in terms of cost, performance, and quality.

Price Range for Passenger Electric Trikes

Passenger electric trikes are designed for personal or small group transport. They are ideal for short-distance travel, particularly in cities with heavy traffic or limited parking space. The price of these vehicles can vary significantly depending on the brand, motor power, battery capacity, and additional features.

Budget Models (Up to $5,000)

• Basic passenger e-trikes typically fall into the budget category. These models are often simpler in design and offer basic performance.
• Price Range: $1,500–$4,500
• Brands: Some local manufacturers and international brands like BPM Imports and eTuk USA offer models in this range. These e-trikes are typically equipped with 500W–1,000W motors and are designed for short-distance travel, offering a speed of 25–30 km/h (15-19 mph).

Mid-Range Models ($5,000–$10,000)

• Mid-range passenger e-trikes offer improved motor power, longer battery life, and additional comfort features. They are popular for tourism, small businesses, and daily urban commuting.
• Price Range: $5,000–$10,000
• Brands: Models such as eTuk Limo and Piaggio Ape come in this price bracket. They often feature 3kW–5kW motors and can achieve top speeds of 40–45 km/h (25-28 mph), providing better performance and comfort for longer rides. These trikes also include features such as enclosed cabins, adjustable seating, and better suspension systems for a smoother ride.

Premium Models (Above $10,000)

• Premium electric trikes are designed for long-lasting durability, advanced features, and high-speed capabilities. They are often used for professional services, such as passenger transport, or as high-end leisure vehicles.
• Price Range: $10,000 and above
• Brands: The Arcimoto FUV (Fun Utility Vehicle) is a well-known premium electric trike that costs around $20,000. It offers a top speed of 75 km/h (47 mph), advanced safety features, and a long battery range of up to 100 miles per charge. These high-end models are designed for more rugged use and offer excellent performance and comfort.

Price Range for Cargo Electric Trikes

Cargo electric trikes are designed to carry goods instead of passengers. These models are ideal for last-mile delivery in urban areas or for small businesses transporting products over short distances. The price of cargo e-trikes depends on their payload capacity, motor power, and build quality.

Budget Models (Up to $5,000)

• Basic cargo e-trikes can handle small deliveries with lighter loads. These vehicles are typically equipped with 500W–1,000W motors and can carry up to 300–500 kg.
• Price Range: $2,000–$5,000
• Brands: Brands like Bajaj Maxima and GMW offer models in this price range. They are ideal for small businesses needing affordable, last-mile delivery solutions, especially in congested urban environments. These trikes have a top speed of 25–30 km/h and a range of around 50–80 km per charge.

Mid-Range Models ($5,000–$10,000)

• Mid-range cargo e-trikes have more powerful motors (1,500W–3,000W) and larger cargo capacity, typically able to carry 500–800 kg. These models are designed for daily commercial use, such as food delivery, light goods transport, and small freight businesses.
• Price Range: $5,000–$10,000
• Brands: Models like Mahindra Treo Zor and Piaggio Ape E-Xtra are part of this range. These e-trikes are built for durability and feature advanced braking systems, longer battery life, and better suspension for heavier loads. They also offer speeds of 40–45 km/h.

Premium Models (Above $10,000)

• Premium cargo e-trikes are designed for heavy-duty commercial applications, with large cargo space and powerful motors. They can carry 1,000–2,000 kg and are often used for more intensive delivery operations.
• Price Range: $10,000 and above
• Brands: Companies like Euler Motors and QSD offer premium models in this segment. QSD’s heavy-duty cargo trikes, for instance, can carry up to 2 tons with 4,000W motors, and their price typically starts at $10,000+ depending on the configuration. These vehicles are ideal for businesses that require reliable and efficient transport for larger payloads, often featuring swappable batteries and solar charging options for added convenience.

How QSD Stands Out in the Market

QSD (Xianghe Qiangsheng Electric Vehicle Co., Ltd.) has established itself as a leading manufacturer of electric trikes worldwide, including in key markets across Africa, Asia, and Europe. Known for their affordable pricing and high-performance features, QSD’s e-trikes offer a unique combination of durability, efficiency, and cutting-edge technology.

QSD Electric Trikes – Price and Performance

• QSD Passenger E-Trikes: QSD’s passenger e-trikes typically feature 3kW–5kW motors, achieving speeds of 35–45 km/h (22-28 mph). These models are priced competitively in the mid-range market and are ideal for small businesses or urban commuters looking for efficient, zero-emissions transportation.
• QSD Cargo E-Trikes: With a focus on cargo transport, QSD’s electric cargo trikes can carry up to 2 tons with powerful 4kW motors. These vehicles are priced starting from $10,000 and are suitable for last-mile delivery operations, making them an excellent choice for businesses in urban areas. They offer high payload capacity, advanced battery systems, and longer driving ranges, setting them apart from competitors.

Key Features of QSD E-Trikes:

• Affordability: QSD e-trikes offer a perfect balance of price and quality. With affordable pricing that starts from as low as $5,000 for passenger models, QSD makes e-trikes accessible to a wide range of customers, including individuals and small businesses.
• Quality and Durability: QSD has over 15 years of experience in manufacturing electric three-wheelers. Their vehicles are engineered to withstand heavy use, featuring strong chassis, high-quality batteries, and efficient motors.
• Global Presence: QSD has expanded globally, with its vehicles being exported to over 20 countries, including India, Bangladesh, Southeast Asia, and Africa. Their strong international presence and experience make them a trusted brand worldwide.

Government Incentives and Subsidies

In many countries, governments offer incentives and subsidies to encourage the use of electric vehicles, including electric trikes. These programs help reduce the initial cost of the vehicles and make them more affordable for consumers and businesses.

• India: The FAME India Scheme (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) provides subsidies for electric vehicles, including electric rickshaws and cargo trikes. Under this scheme, businesses can receive incentives of up to ₹30,000 for electric three-wheelers, making e-trikes more affordable​.
• Bangladesh: Similar to India, Bangladesh offers subsidies for electric three-wheelers to promote clean energy. These programs reduce the price of e-trikes by as much as 20–30% for registered businesses** In countries like South Africa, Kenya, and Nigeria, government incentives and tax reductions for electric vehicles are gradually being introduced. Although electric trikes are not yet fully incentivized in many parts of Africa, local governments are beginning to show interest in clean transport solutions .