00:00Hello guys, today we are going to see if EV Scooters and Bikes are profitable or not
00:09We are going to answer some of the questions that you have asked
00:15First, is the EV Scooter business profitable or not?
00:19Yes, if you are in the rental business, EV Scooters and Bikes are definitely profitable
00:26There are a few factors to consider
00:31First, you need to have a proper initial investment
00:36Second, you need to have a significant role
00:40Purchasing, setting up, infrastructure, servicing wise, everything has to be a proper plan
00:46If you have all these, there is no problem
00:50But, in some places, there will be a drop
00:58In some places, you need to be very careful
01:03Majorly, if the driver is driving in a traffic area
01:07If you have a potential area in an urban center
01:11Definitely, this is a potential business
01:14But, the most important thing to be careful about is
01:17Stealing, Price Management, Vandalism, Seasonal Fluctuation
01:26Seasonal Fluctuation is good during tourist season
01:32So, if you are taking all these factors as a risk factor
01:39This business will go to its peak
01:43Do you need a License to drive an EV Bike?
01:52If you are driving an EV Bike
01:55Let it be a Scooter or a Bike
02:00Whichever motor produces more than 250 watts
02:06You need a License for such vehicles
02:11If you don't have a License for Indian Roads
02:17Driving on Public Roads is a big issue
02:21If you are driving an Indian Motorcycle
02:24You need a License for this
02:28If you have a License, you can drive an EV Bike
02:31If it is a Scooter or a Bike, you need a License
02:36This is one question
02:38The next question is
02:40Can an EV Bike go up to 200 Km Range?
02:45There are 4 models
02:48Ola Roadster
02:50Ola Roadster Pro
02:52Kamkai Ranger
02:55Kabira Mobility K3000
02:58KM3000
03:00Ola Roadster is priced at Rs. 1,10,000
03:04Range ranges from 151 to 248 Km
03:09Kamkai Ranger is priced at Rs. 1,85,000
03:15Range ranges from 200 to 250 Km
03:20All these are priced at Rs. 1,80,000
03:23Ola Roadster Pro
03:25All these are priced at Rs. 1,99,000
03:34IDC Range is
03:38316 Km to 571 Km
03:48Kabira Mobility K3000
03:51Price is Rs. 1,62,000
03:55Range is 178 Km to 201 Km
04:01All these are priced at Rs. 200 Km
04:09All these are priced below Rs. 2,00,000
04:17There is an Ultraviolet Mach 2
04:21Price range is Rs. 3.5 Lakhs
04:27Ultraviolet Mach 2 is priced at Rs. 253 Lakhs
04:34Electric Bike Showroom
04:39Price ranges from Rs. 20 Lakhs to 30 Lakhs
04:46If you have proper place, showroom, infrastructure, water supply and electricity
04:53You can start with Rs. 20 Lakhs
04:58It depends on the manufacturer
05:03If you follow the easy follow guide
05:08If you have a proper place, service station and all
05:14EV Dealership Profit
05:18EV Dealership Profit
05:23In India, 10% to 15% profit comes from scooters and other vehicles
05:30It is a balance between competitive pricing and healthy returns
05:35Whatever you do, you get a 10% to 15% margin
05:43How Profitable Scooter Rentals
05:48How Profitable Scooter Rentals
05:52Profit Margin is 20% to 30%
05:57There are many mobility companies
06:02Joyride Operators, Highlights, etc
06:08Profit Margin on EV Bikes
06:13Every manufacturer has different strategies
06:19When you sell e-bikes,
06:24When you sell e-bikes,
06:29You will get a 42% profit from physical products
06:34You will get a 42% profit from physical products
06:39If you sell vehicles, you will get a 10% to 15% margin
06:44This is the margin
06:49All manufacturers have a good margin in service
06:54If you want an EV dealership,
06:59If you want an EV dealership,
07:04You can easily get a good EV dealership with a good infrastructure
07:09You can easily get a good EV dealership with a good infrastructure
07:14How much profit you get from an EV dealership
07:19How much profit you get from an EV dealership
07:24You can get a good profit from an EV dealership
07:29You can get a good profit from an EV dealership
07:34It depends on your market strategy and sales
07:39It depends on your market strategy and sales
07:44You can typically get a profit of 4 lakhs
07:49You can typically get a profit of 4 lakhs
07:54Thank you for watching
07:59Thank you for watching
08:04Thank you for watching
08:09Thank you for watching
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