How to Get Electric Bike Dealership?
Electric vehicles have quickly
become the most demanding commodity nowadays, thanks to their ease of operation
and low maintenance aspect. For now, an electric bike dealership is considered
a lucrative opportunity that is buoyed by consumer demand and government
subsidies. Learn how to get an electric scooter dealership in 2022 in this
feature.
How to get an electric bike dealership in 2022?
Nowadays, opening an electric bike dealership seems to be a profitable business venture. There are presently numerous EV franchises and dealers across the country. Understanding that such company opportunities depend on the amount of investment you are making is vital.
a. Opportunity
Dealerships for electric bikes
present a fantastic potential for local business owners. Businesses that
provide courier and last-mile delivery services can be supplied with electric
bikes to grow and reduce costs. Transport owners and NGOs working for green
ecology and environmental cause can also find electric mobility helpful for
day-to-day purposes.
Many electric bike dealers now
partner with emerging businesses offering delivery and transportation services.
Along with strong consumer demand, the B2C and B2B sectors are ideal for
electric vehicles such as e-scooters and e-bikes.
Although the majority of EV
dealers have many opportunities for strong growth, if you create a niche with
your electric bikes, then revenue growth can be easily tripled or
quadrupled.
b. Eligibility
If you want to establish an Electric Bike Dealership, you should first have a thorough understanding of the
products. You need to conduct a thorough analysis of your business operations,
market preferences, potential income streams, profit margins per unit, and
other factors.
According to experts, you need to
be meticulous in your business operations to monitor your financials and
ensuing earnings. Additionally, you must have completed your education i.e.
graduation, be at least 18 years old, have a business space of 1000–1500 square
feet, and be able to invest 10–50 lakh rupees in order to be eligible to open
an electric bike dealership. Starting at Rs. 10 lakh and more, Amo Mobility
Solutions offers Amo electric bike dealerships.
Documents needed for starting an
electric scooter dealership are listed below.
1.
ID Proof – Aadhar Card, Voter Card, Pan Card
2.
Address Proof – Electricity Bill, Ration Card
3.
Current Account and passbook
4.
Passport size photos
5.
Mobile number and email id
6.
Lease agreement document
7.
NOC
8.
Property document with title and address
c. Investment
As previously said, it will cost
at the very least Rs. 10 lakh to start an electric bike dealership. If you
choose well-known brands, your investment will rise dramatically. For EV
dealers, Amo Electric Scooters present
tremendous potential.
You can also take advantage of
other earning opportunities with the Amo e-scooter dealership's spare
parts and servicing business. Additionally, a festival and special deals are
also frequent with EV brand, Amo.
d. Space Ownership
Find a space that is close to the
main road while looking for commercial space for an electric bike or electric
scooter dealership. Although it can be in the suburbs or the center of the
city, roadside space is ideal.
Generally, any dealership for
electric two-wheelers needs at least 1000 square feet of space. Amo also
requires that potential franchisees have a minimum of 1000 square feet of
commercial space, including space for a showroom and a servicing facility.
On top of that, ensure that the
dealership space is properly fitted with water supply, electricity, and
internal wirings.
e. Process
Nowadays, it is easy to obtain a
dealership for Electric Bikes. You can grab your
laptop or mobile device and search for your preferred two-wheeler EV brand.
Once on their website, you can contact an online assistance representative or
fill out a dealership form. An account manager will contact you to continue the
process.
Amo Mobility Solutions provides a
similar dealership form on their website. You must complete the form, and an
assigned account manager will soon be there to take the matter further ahead.
f. Delivery /Dispatch
Depending on how long it takes to
verify all of the papers, the dispatch procedure may take some time. You must
release the payment via a check or an online NEFT/RTGS payment once all the
paperwork has been confirmed. Manufacturers typically need one to two weeks to
complete the dispatch procedure after receiving payment.
Once your merchandise or electric
bikes are loaded onto interstate freight vehicles, you will receive the
dealership's confirmation and a Bilti.
Which electric bike
dealership should I get in 2022?
There are numerous EV brands
presenting their newest products for sale in franchise stores and exclusive
dealerships. Identifying your investing capability is the ideal place to start.
Since e-bike products are still relatively new, one should avoid making large
investments before researching the market.
For instance, spending a sizable
sum of money on reputable brands like Hero, Ola, Simple One, Bajaj, etc. can
have disastrous results if you are unfamiliar with the operation and business
of electric vehicles. Their e-bikes are expensive, which discourages first-time
buyers, but there is also the disadvantage of lower profit margins with
well-known manufacturers.
For this reason, if you want to be
on the safe side, choose high-quality, swiftly-moving electric two-wheelers.
Amo Mobility Solutions is one such EV manufacturer that sells premium-range EVs
at a reasonable price. Both end users and dealers find this to be comfortable.
With the brand Amo, you have access to significant growth potential as well as
periodically receive amazing deals and income potential.
Wrapping Up:
The dynamic product inventory
(which caters to all types of riders) and consumer preferences are what drive
Amo Mobility Solutions. By starting an electric bike dealership with Amo
e-bikes, you can obtain a terrific deal. Their e-bikes are not only very
cost-effective and efficient, but they also work wonders thanks to their
user-friendly design and noiseless operation.
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