ELECTRIC SCOOTER (CARGO & PASSENGER)
[CODE NO.4403]
Electric scooter is a type of a scooter that contains an electric battery which provides power to it. The electricity is provided by these electric batteries. An electric scooter is basically a two wheeled vehicle on which one or two person can easily travel. These electric scooters come in different styles, colors and quality. Now-a-days most of the electric scooters are powered with the help of a rechargeable battery. These rechargeable batteries make the duration of the electric scooters longer. Some of the early models of these electric scooters had nickel-metal hydride batteries in it. But now all the latest electric scooters have a lithium ion battery in it. These batteries last much longer than the previous ones. But with these batteries, there are also alternative batteries that can be used like sodium silicate battery, lead acid battery etc. Lithium ion battery turned out to be a good rechargeable battery for an electric scooter.
The best thing about these electric scooters is that they require a very little maintenance. The product is from the hassle of taking your electric scooter to a garage every month or two months. They have a longer brake pad life and thus we can say that no matter how many times you put your foot on the brakes, their quality won’t go down in a little while. This is also because a significant part of putting on the brake is also done by the electric motor instead of the mechanical fictional brakes that is why the brakes don’t go out of order this quickly.
The fuel consumption of the electric scooters is less fuel as compared to other two wheeled vehicles thus making this vehicle very much cost effective. Also there are many people out there who get really annoyed by the noise that a vehicle makes whenever it is on the go.
But all electric scooters have a very little noise which makes it really comfortable when someone rides in it. But then there is just one set back that this vehicle has to face and that is its range. Since these scooters have batteries that cannot store as much of the energy as a tank of gas. So its range is relatively less around 130 miles. But overall if we take a look at the features that these electric scooters provide, one can easily be convinced to buy this amazing noise free, less maintenance scooters.
The India electric scooter market is growing at a high rate owing to the growing awareness of carbon emissions and footprints, as well as a trend away from traditional forms of transportation for shorter distance trips.
It is intended to prepare a Feasibility Report to install an ELECTRIC SCOOTER (CARGO & PASSENGER) Production facility with a capacity of 14400 Nos/ Year as a Green Field Project.
The details of the products are as follows:
Products UOM Quantity
(Yearly)
Electric Scooter (cargo) Low Speed (25 Km/Hr.) NO. 1800
Electric Scooter (cargo) High Speed (60 Km/Hr.) NO. 3600
Electric Scooter (Passenger) Low Speed (25 Km/Hr.) NO. 1800
Electric Scooter (Passenger) High Speed (60 Km/Hr.) NO. 7200
Total NO. 14400
COST ESTIMATION
Plant Capacity 48 Nos/Day
Land & Building (10,000 sq.mt.) Rs. 9.37 Cr
Plant & Machinery Rs. 5.90 Cr
Working Capital for 1 Month Rs. 9.57 Cr
Total Capital Investment Rs. 25.50 Cr
Rate of Return 42%
Break Even Point 47%
APPENDIX – A:
01. PLANT ECONOMICS
02. LAND & BUILDING
03. PLANT AND MACHINERY
04. OTHER FIXED ASSESTS
05. FIXED CAPITAL
06. RAW MATERIAL
07. SALARY AND WAGES
08. UTILITIES AND OVERHEADS
09. TOTAL WORKING CAPITAL
10. TOTAL CAPITAL INVESTMENT
11. COST OF PRODUCTION
12. TURN OVER/ANNUM
13. BREAK EVEN POINT
14. RESOURCES FOR FINANCE
15. INSTALMENT PAYABLE IN 5 YEARS
16. DEPRECIATION CHART FOR 5 YEARS
17. PROFIT ANALYSIS FOR 5 YEARS
18. PROJECTED BALANCE SHEET FOR (5 YEARS)
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