The rough math behind creating a service touchpoint can be if a 1.5 lac rs scooter should need parts of 50k minimum (as the parts prices will be higher than COGS) and if someone spends 1.5 lac per touchpoint then they can service 3 scooters (full replacements ) a year which is illogical
EV has not taken off in India as say in China or other countries. China already has 50% share in 4W electric.
In India cycle rickshaw has taken off and little in scooters and premium 4Ws
Good work Rahul!
Maybe slow than China but then again China is a tough benchmark to match. E2W penetration up from 1% in FY21 to 6%.1% in FY25.
Thank u Raunak bhai 🙏🏽
The rough math behind creating a service touchpoint can be if a 1.5 lac rs scooter should need parts of 50k minimum (as the parts prices will be higher than COGS) and if someone spends 1.5 lac per touchpoint then they can service 3 scooters (full replacements ) a year which is illogical
Forget about fixed cost of a touchpoint etc.
For 4W it's 2.5% penetration for FY25