{"id":28889,"date":"2023-07-30T16:21:33","date_gmt":"2023-07-30T16:21:33","guid":{"rendered":"https:\/\/smallbusinesshub.in\/?p=28889"},"modified":"2023-08-19T07:12:04","modified_gmt":"2023-08-19T07:12:04","slug":"tvs-electric-scooter-dealership","status":"publish","type":"post","link":"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/","title":{"rendered":"How to start TVS Electric Scooter Dealership in India?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-Electric-Scooter-Dealership-india-1024x536.jpg\" alt=\"TVS Electric Scooter Dealership\" class=\"wp-image-28929\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-Electric-Scooter-Dealership-india-1024x536.jpg 1024w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-Electric-Scooter-Dealership-india-300x157.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-Electric-Scooter-Dealership-india-768x402.jpg 768w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-Electric-Scooter-Dealership-india.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Due to low running costs and tax benefits while purchasing, the demand for electric scooters, in India is increasing rapidly.<\/p>\n\n\n\n<p>You can make use of this opportunity by starting an electric scooter dealership, partnering with top EV brands like TVS.<\/p>\n\n\n\n<p>This article will provide complete details related to the TVS electric scooter dealership, including dealership cost, profit potential, and contact information.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >In this Post<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#Why_choose_TVS_Electric\" title=\"Why choose TVS Electric?\">Why choose TVS Electric?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#Licenses_and_Registrations_required\" title=\"Licenses and Registrations required\">Licenses and Registrations required<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#Space_required_for_the_dealership\" title=\"Space required for the dealership\">Space required for the dealership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#TVS_Electric_Scooter_Dealership_Cost\" title=\"TVS Electric Scooter Dealership Cost\">TVS Electric Scooter Dealership Cost<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#Profit_margin_in_TVS_electric_scooter_dealership\" title=\"Profit margin in TVS electric scooter dealership\">Profit margin in TVS electric scooter dealership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#How_to_get_TVS_electric_scooter_dealership\" title=\"How to get TVS electric scooter dealership?\">How to get TVS electric scooter dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/#FAQ_about_Dealership\" title=\"FAQ about Dealership\">FAQ about Dealership<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_choose_TVS_Electric\"><\/span>Why choose TVS Electric?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Established in 1978, TVS Motor Company is India&#8217;s 3rd largest two-wheeler manufacturer.<\/p>\n\n\n\n<p>TVS has four manufacturing plants with an annual production capacity of 5 million two-wheelers. These plants are located in Karnataka, Tamil Nadu, and Himachal Pradesh in India, and Karawang in Indonesia. <\/p>\n\n\n\n<p>Apart from India, TVS also has a presence in the Middle East, Africa, Southeast Asia, the Indian subcontinent, and Latin &amp; Central America.<\/p>\n\n\n\n<p>TVS launched its first electric scooter, the TVS iQube, in January 2020. This scooter has a range of 100 km per charge and a maximum speed of 78 km\/hour.<\/p>\n\n\n\n<p>TVS electric scooters have dealers in more than 100 Indian cities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Licenses_and_Registrations_required\"><\/span>Licenses and Registrations required<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>These are the licenses and documents required to start a TVS electric scooter dealership.<\/p>\n\n\n\n<p>\u2705 Business Registration \u2013 Sole proprietorship\/LLP\/Pvt Limited<br>\u2705 Shop &amp; Establishment Registration (from the state government)<br>\u2705 GST certificate<br>\u2705 Good CIBIL score ( Credit History )<br>\u2705 Valid land documents \/ Lease agreements<br>\u2705 Business Insurance (if required)<\/p>\n\n\n\n<p>If you lack capital, then you can approach banks for business loans with a proper business plan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Space_required_for_the_dealership\"><\/span>Space required for the dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You require a minimum of a 1500 square feet showroom and a 1000 square feet workshop to start a TVS electric scooter dealership. So the overall commercial space required is 2500 square feet.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TVS_Electric_Scooter_Dealership_Cost\"><\/span>TVS Electric Scooter Dealership Cost<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"188\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-electric-scooter-dealership-cost.jpg\" alt=\"TVS electric scooter dealership cost\" class=\"wp-image-28920\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-electric-scooter-dealership-cost.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/07\/TVS-electric-scooter-dealership-cost-300x94.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>To start a TVS electric scooter dealership, you need approximately 65 lakhs to 75 lakh investment, considering a 1500 square feet showroom and 1000 square feet workshop.<\/p>\n\n\n\n<p>Here is the break-down of the investment,<\/p>\n\n\n\n<p>\u27a4 Minimum working capital required -&gt;\u200a 50 lakhs ( to run the business)<br>\u27a4 Showroom interior \u200a-\u200a&gt;  4 to 5 lakhs<br>\u27a4 Machines and equipment for the service centre \u200a-&gt; \u200a2 to 4 lakhs<br>\u27a4 Miscellaneous expenses \u200a-&gt; \u200a1.5 lakh rupees<br>\u27a4 Showroom\/Warehouse lease amount -\u200a(extra)<\/p>\n\n\n\n<p>The monthly expenses are Showroom\/warehouse rent, staff and labour salary, inventory purchase, utility bills, etc.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#eb0707\" class=\"has-inline-color\"><em><span style=\"text-decoration: underline;\">Related:<\/span> <\/em>   <\/mark><\/strong><\/p>\n\n\n\n<ol>\n<li><a href=\"https:\/\/smallbusinesshub.in\/hero-electric-dealership\/\" data-type=\"post\" data-id=\"27856\">Hero Electric Scooter Dealership? | Complete Guide<\/a><\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profit_margin_in_TVS_electric_scooter_dealership\"><\/span>Profit margin in TVS electric scooter dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Apart from vehicle sales, Ev dealers also make profits from other sources.<\/p>\n\n\n\n<p>The approximate total profit of the TVS electric scooter dealership is as follows,<\/p>\n\n\n\n<p>\u27a4 TVS EV Sales Margin -&gt; up to 8% to 12% ( of Ex-Showroom Price )<br>\u27a4 Commission from insurance &#8211; 15% to 20% ( of OD amount )<br>\u27a4 Commission from loan &#8211; about 3% to 4% ( of the loan amount )<br>\u27a4 Commission from Accessories sale &#8211; 15% to 20%<br>\u27a4 Commission from spare parts sale &#8211; 15% to 20%<br>\u27a4 The margin on service &#8211; 25 to 30% (labour charges, engine oil, etc.)<\/p>\n\n\n\n<p>The after-sales service of electrical vehicles is very low compared to traditional internal combustion engine (ICE) vehicles. So a good margin is essential in vehicle sales.<\/p>\n\n\n\n<p>After 3 to 4 years you can expect some revenue from spare parts sales, especially if the battery needs replacement.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_TVS_electric_scooter_dealership\"><\/span>How to get TVS electric scooter dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You can contact TVS on their phone at  <a href=\"tel:04344-276780\">04344-276780<\/a>  OR   <a href=\"tel:+91-44-28332115\">+91-44-28332115<\/a>. You can also contact them at their official <a href=\"http:\/\/Tvsmotor.com\" target=\"_blank\" rel=\"noopener\">website<\/a>, to get contact details.<\/p>\n\n\n\n<p>Also, visit them at &#8211;<\/p>\n\n\n\n<p>Post Box No. 4, Harita, Hosur, Tamilnadu &#8211; 635 109<\/p>\n\n\n\n<p>Make sure there is no other TVS electric scooter dealer in a 6-7 kilometre radius of your planned showroom. If there is any TVS EV dealer nearby, then the chances of you getting a dealership are very less.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ_about_Dealership\"><\/span>FAQ about Dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1603778916370\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">How much investment is required for the TVS EV scooter dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You require a minimum of 65 lakhs to 75 lakhs investment to start a dealership.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603778958967\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">Shop space required for TVS EV dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>The minimum space required is 2500 square feet ( for the showroom and workshop).<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603778978971\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">Profit margin in TVS EV scooter dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can expect a profit margin of up to 8% to 12% on ex-showroom prices.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603779001892\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">TVS Motors contact number?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can call TVS Motor on <a href=\"tel:04344-276780\">04344-276780<\/a> OR <a href=\"tel:+91-44-28332115\">+91-44-28332115<\/a><\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p>I hope this article has resolved many of your doubts related to the TVS electric scooter dealership. If you have any suggestions feel free to mention them in the comment box below. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to low running costs and tax benefits while purchasing, the demand for electric scooters, in India is increasing rapidly. You can make use of this opportunity by starting an electric scooter dealership, partnering with top EV brands like TVS. This article will provide complete details related to the TVS electric scooter dealership, including dealership&hellip;&nbsp;<a href=\"https:\/\/smallbusinesshub.in\/tvs-electric-scooter-dealership\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How to start TVS Electric Scooter Dealership in India?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":28929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"[\"title\",\"meta\",\"content\",\"tags\",\"post-navigation\",\"comments\"]","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","footnotes":""},"categories":[15],"tags":[],"_links":{"self":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/28889"}],"collection":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/comments?post=28889"}],"version-history":[{"count":17,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/28889\/revisions"}],"predecessor-version":[{"id":28955,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/28889\/revisions\/28955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media\/28929"}],"wp:attachment":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media?parent=28889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/categories?post=28889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/tags?post=28889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}