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    A

    Project Report

    On

    To Understand the Present Scenario and Scope for Battery Operated

    Vehicle.

    For

    Kinetic Motor Company Ltd.

    By

    Nagesh S. Adagale

    (Batch - 2007-09)

    Under the guidance of

    Dr. SHAILESH KASANDE

    Submitted To

    UNIVERSITY OF PUNE

    In partial fulfillment of the requirement for the award of the degree of

    Master of Business Administration (MBA)

    Through

    VISHWAKARMA INSTITUTE OF MANAGEMENT,

    PUNE-48

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    ACKNOWLEDGEMENT

    I am highly indebted to Kinetic Motor Company Ltd. Pune for giving me an

    opportunity to do the project in their company. This experience at the beginning of my

    career will be a very important step towards being a successful manager. There have been

    many hearts and brains supporting and guiding me in this project.

    I would like to thank Mr. Sachin Bhaiya (Asst manager Marketing Dept) Pune for giving

    me the necessary insight in my study and guiding me in my project. I take this

    opportunity to express my deep sense of gratitude and respect to my internal project

    guide Dr. Shailesh Kasande, without whose constant guidance, it would not have been

    possible to complete the project.

    Lastly I would like to thank my family, colleagues and friends for boosting my

    confidence and helping me throughout the project.

    Nagesh S. Adagale

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    TABLE OF CONTENTS

    Chapter .no TITLE Page. no

    1 Executive Summary 1

    2 Company Profile 3

    3 Objective and scope 10

    4 Research Methodology 13

    5 Data Analysis and Interpretation 18

    6 Findings 29

    7 Recommendations 31

    8 Conclusion 34

    9 Limitations 36

    10 Questionnaire 38

    11 Bibliography 42

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    Chapter 1

    Executive summary

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    Executive Summery:

    The project is to understand the present scenario of the battery operated vehicle which is

    available in the market and the scope for the Battery Operated Vehicle. As the company

    Kinetic Motor Company Ltd is entering into manufacturing of Battery Operated Vehicle.

    With this primary objective, I conducted the market research under the guidance of

    respected sir, Mr. Sachin Bhaiya(Marketing Dept) in Pune City. While doing the project

    I came to know about customer behavior and the strategies that company use while

    launching a new product. The Consumer Response and experience to Electric Bike were

    taken into account to analyze the scope for the new battery operated vehicle. The data

    collected during the project was both primary and secondary in nature. The primary data

    was collected by direct interaction with the costumers with help of a Questionnaire.

    The analysis was carried out on the basis of the information obtained from questionnaire.

    The secondary data was collected from sources like the internet, reference books,

    company magazines etc.

    After completing the research we come to the conclusion that there is more space for

    Electric bike in this market. Some of the existing products are been launched in the

    market without proper research & development which require complete gap between

    customers expectations & the returns on the investment made by the customers.Theproduct in the market had wide scope of improvement.

    Hence we understood the views, perceptions & the satisfaction level of the Customers of

    the present E-bike Owners in Pune city.

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    Chapter 2

    Company Profile

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    Company Profile:KINETIC ENGINEERING LTD

    The Kinetic as a company and as a group.

    The Kinetic Group of companies is a leading player in the automotive industry in India.

    Kinetic Group, founded in 1974, has sold over 6 million vehicles in India. It has a history

    of innovation and pioneering and has introduced several new concepts that have

    revolutionized the two wheeler industry. Kinetic brought the concept of personalized

    transport to India with the launch of the moped Luna in 1974. In 1984, it brought to the

    Indian customers the first-ever gearless scooter which has come to symbolize comfort,

    convenience and universal appeal. It has also brought to India new technologies such as

    four valve engines, electric start on scooters and motorcycles, v- twin engines, USD forks

    etc. It is the only company to offer top-end world class bikes Comet and Aquila to Indian

    bike enthusiasts. The group has an international technical collaborations with Hyosung

    Motors of Korea It has three state of the art manufacturing facilities at Koregaon Bhima,

    Ahmednagar and Pithampur; and a nationwide network of nearly 450 dealers and over

    1,000 service centers.

    The company exports vehicles to developed countries like USA, Canada, Latin

    America, Europe, Africa, Middle East and South Asia and has won several excellence

    awards for exports on state and national level. Current popular brand names include

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    Luna, Nova 135, Zing, Velocity, Boss, Aquila, Comet. The company is preparing to

    launch some very exciting Italian designs over the next two years.

    Founder Late Shri. H.K. Firodia

    Year of Establishment 1974

    Industry Two-wheelers

    Business Group Kinetic Group

    Listings & its codes NSE

    Kinetic Engineering Ltd: KINETICENG

    Kinetic Motor Company Limited: KINETICMOTKinetic Motor Company Ltd.: KINHONDA

    BSE

    Kinetic Engineering Ltd.: 500240

    Kinetic Motor Company Ltd.: 505190Kinetic Trust Ltd.: 531274

    Contact Details D-1 Block, Plot No. 18/2, MIDCChinchwad, Pune 411 019

    Tel.: +(91)-(20)-27474301to 5

    Fax: +(91)-(20)-27475842 to 3E-mail: [email protected]

    Chairman : Mr. Arun Firodia

    Mr. Arun Firodia is the founder and Chairman of the Kinetic Group of companies and

    one of the most respected industrialists in India. He is widely acknowledged as a

    visionary technocrat with strong patriotic values. His wide-ranging initiatives have

    formed an exemplary and diverse lifetime body of work.

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    Sulajja Firodia Motwani is the Joint Managing Director of Kinetic Engineering Ltd. She

    is also a Director of Kinetic Motor Company Limited and Kinetic Marketing Services

    Limited. She is responsible for the group's overall business strategy, sales and marketing,

    and business development activities.

    Products Brands

    Motorcycles Premium Motorcycles

    Comet Aquila

    Sporty Motorcycles

    GF Laser GF 170 CityCommuter Motorcycles

    Stryker

    GF 125

    Velocity

    Boss 115

    Boss EX

    Scooters

    Family Scooters

    Blaze

    4s Nova 135

    Kinetic SYM Flyte

    Zoom

    Nova EX

    Nova

    Scooterettes

    Kine Zing 80

    Utility Vehicles Load carrying Vehicles

    V2 King

    Economical and Fun

    Luna

    http://www.surfindia.com/automobile/kinetic-comet.htmlhttp://www.surfindia.com/automobile/kinetic-blaze.htmlhttp://www.surfindia.com/automobile/kinetic-4s.htmlhttp://www.surfindia.com/automobile/kinetic-sym-flyte.htmlhttp://www.surfindia.com/automobile/kinetic-zoom.htmlhttp://www.surfindia.com/automobile/kinetic-nova.htmlhttp://www.surfindia.com/automobile/kinetic-blaze.htmlhttp://www.surfindia.com/automobile/kinetic-4s.htmlhttp://www.surfindia.com/automobile/kinetic-sym-flyte.htmlhttp://www.surfindia.com/automobile/kinetic-zoom.htmlhttp://www.surfindia.com/automobile/kinetic-nova.htmlhttp://www.surfindia.com/automobile/kinetic-comet.html
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    Kinetic, in addition to two-wheeler range, develops customized products for certain

    countries. Some of the customized products are mentioned below:

    Electric scooter

    Go kart

    Children's bikes

    Modified scooters for the disabled

    Delivery vehicles

    Police vehicles

    Emergency medical assistance vehicles

    The following are the achievements of Kinetic:

    1. Presently, Kinetic vehicles are sold in more than 40 countries including North

    America, Europe, Australia, Central America, South America, Africa, Middle

    East and Asia.

    2. More than 150, 000 vehicles are exported. 25,000 vehicles exported to USA.

    3. Kinetic is the winner of 14 Exports Excellence awards on state and national level

    including the prestigious national trophy for top export performance.

    4. Have assembly lines in many countries in Africa, Asia and Latin America.

    5. Kinetic is the first Indian company to attempt an affordable "People's car" that

    would provide comfortable transport to the India's middle class. The car, titled

    City Car with a 500cc engine was developed in collaboration with a French

    company AXIOM right up to prototype and showcased at the Delhi Auto Expo

    where it received a very good response. Unfortunately the Central Government

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    did not grant decision on reduction in excise duty (Kinetic had sought duty

    lowering from 40% to 16%) which made the car cost prohibitive

    6. Kinetic is a household brand name in India, with over 6 million vehicles sold over

    30 years

    7. Kinetic was the first to launch many path-breaking initiatives such as:

    8. personalize transport through Luna

    o gearless scooter

    o electric start on two wheelers

    o 4 stroke 125cc motorcycle

    o 4 valve engines

    o digital gear indicators on motorcycles

    o side stand indicators

    o celebrity endorsements - Sachin Tendulkar, Azharuddin, Smita Patil and

    Shabana Azmi have endorsed the Kinetic Luna

    9. Kinetic exports around the world and has won several exports excellence awards

    at state and national level. Kinetic Luna was the first Indian two wheeler to be

    exported to the US. With over 25,000 exported over several years, it is a well

    known brand in the US and many other countries in the world. An American

    photojournalist chose the Luna as his mode of transport for a cross country moped

    expedition.

    10. Kinetic is the first Indian company to buy out the majority stake holding by a

    MNC Joint Venture partner (it bought out Honda Motor's controlling stake in the

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    joint venture Kinetic Honda in 1998, creating history and setting precedent for

    others)

    11. Kinetic is the first Indian automotive company to buy out product range and

    production lines from an European two wheeler company (In 2004, Kinetic

    acquired rights and production lines to seven bestselling scooters from Italian

    manufacturer Italjet

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    Chapter 3

    Objective of the study

    Objective of the Project:

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    Primary Objective:-

    i. To understand the views, perceptions of the Customers of the E-bike Owners

    in Pune city.

    ii. This research work has been done in order to analyze the attitude, response

    and acceptance level of the customer towards manufacturing of E-bike.

    iii. Awareness, source of information

    iv. The understand the views of the customer with respect to sales and Service

    Experience of Product performance.

    Secondary Objective:-

    The secondary objective of this project is to understand requirement of the customer

    regarding the electric bike the factors are as follow

    Mileage

    Speed

    Battery charging

    Battery life

    All these factors are taken into consideration to know the requirement of the customer

    and are they satisfied with the existing performance of their E-bike.

    Scope of the Project:

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    As the company has decided to launch new battery operated vehicle in the market

    they require in depth knowledge of present scenario of the existing market and the

    present performance of E-bike. It will help the company to understand need & heed

    of the customer .They will improve the product by reducing the problems which the

    customers are facing

    Scope of this project is as follow,

    i. To get information regarding the current market for the E-bike.

    ii. To get the detail about product position in the mind of the consumer.

    iii. To get the detail about the competitors position in the market.

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    Chapter 4

    Research

    Methodology

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    Research Methodology:

    The methodology is basically the set of rules, procedures, tools, and techniques used by

    the researcher for realization of research objective. The process of designing research

    study involves many interrelated decisions. The most significant decision is the choice of

    research approach. This determines how the information will obtain.

    My research is more of Descriptive Research. It is Qualitative as well as quantitative type

    of Research.

    Research Process:-

    For assessing the customer response following market research process followed

    Step 1: Define the objective:

    First step is defining the objective i.e. Market Research of E-bike in Pune for Kinetic

    motor Company Ltd.

    Step 2: Develop research plan:

    The second step was to develop the most efficient plan for gathering the needed

    information.

    i) Data sources: Both primary & secondary data are taken into consideration. Primary

    data are data gathered from customer experience of their e-bike, secondary data is

    collected from website and Research project.

    ii) Research approach: I have mainly collected the primary data through survey & few

    observations.The in-depth interviews were conducted qualitative approach to get the

    depth of the objective by meeting existing customers of all the present market drivers in

    this Segment of the vehicle.

    iii) Research instrument: Questionnaire is used to collect most of the Primary data.

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    Step 3: Designing the Questionnaire

    A questionnaire for the customer was designed which aimed at sourcing out the

    information fulfilling the objectives of the project.

    Step 4: Sample Design

    After doing on the research approach and instruments, the marketing researcher must

    design a sampling plan. This calls for three decisions:

    Sample plan: After deciding on the research instruments I decided sampling plan.

    Sampling unit: Who is to be surveyed? The marketing researcher must define the target

    population that will be sampled. Once the sampling unit is determined, a sampling frame

    must be developed so that everyone in the target population has an equal or known

    chance of being sampled. Project was concentrated on Customers such as student

    younger people, women and small businesses agencies as a sampling unit

    Sample size: How many people should be surveyed? Large samples give more reliable

    results than small samples. Samples of less than 1% of a population can often provide

    good reliability, with a credible sampling procedure. The sample size of the project was

    40 peoples.

    Sampling procedure: How should the respondent be chosen? To obtain a representative

    sample, a probability sample of the population should be drawn.

    Contact methods: Once the sampling plan has been determined, the marketing researcher

    must decide how the subject should be contacted: mail, telephone, personal.

    Contacted: For some interviews customers were been interviewed at the venue Hotel

    Ashish Plaza near M.G road, Pune and some interviews were conducted the places

    suggested by the customers according their convenience.

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    Step 5: Collect the information:

    Data collection phase of the marketing research generally was the most Time consuming

    period. In case of survey few problems arise likewise some respondents may not give all

    the detail information and might not be available and must be contacted or replaced.

    Others refused to co-operate and finally some respondents will be biased or dishonest to

    share Information

    Step 6: Analyze the information:

    The collected information needs to be analyzed thoroughly to extract the findings that

    would be useful to the company.

    Step 7: Present the findings:

    And the last step is present the findings that are relevant to the objectives.

    Method of data collection:

    1) Secondary Data collection

    The data was collected through Internet, magazines and journals. Secondary data can be

    collected quickly and inexpensively, compared to primary data. Secondary data is already

    available and can be obtained much faster and at a fraction of the cost of collecting them

    again. Secondary data can be used as the source of information to solve the problem they

    must be relevant, accurate, and sufficient.

    The major sources of secondary data are;

    Auto Magazines

    News Paper

    Internet, Company websites

    Observation advertisement.

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    2) Primary Data collection:

    The major source for collecting primary data is by taking response from the customer.

    Some interviews were been interviewed at the venue and some were conducted the

    places.The customers were mostly who are having small businesses, trader, students.And most of the time these vehicles are been used by the younger people. Almost all the

    vehicle owners are having all kinds of two wheelers vehicles & have purchased this

    vehicle as a second vehicle for sundry work.

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    Chapter 5

    Data Analysis

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    Data Analysis:

    The extensive data collected through the questionnaires was evaluated to arrive at the

    market size, market potential of the electric bike.

    Following are the aspects by which there has been need of eco-friendly & economic

    vehicle electric bike which will cater the need of the people.

    i. The inflation in petrol price.

    ii. The increase in cost of ownership of two wheelers on petrol.

    iii. The frequent strike of petrol pumps owners.

    iv. The growing pollution problem.

    v. The noise pollution.

    vi. Traffic problems due to growing no of vehicles & bad road conditions.

    Current Features Available:

    The vehicles which are driving the market are some how successful in catering the need

    of the customer because of the following features.

    1. The vehicle available is running electricity.

    2. It is easy to use.

    3. Eco-friendly.

    4. No- requirement of petrol with that no pollution problem.

    5. No noise pollution.

    6. Light weight, so easily controllable.

    7. Low cost of ownership since there are no consumables been used in this.

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    8. Battery charging is convenient at convenient places like home, work place. Long

    term benefits is the vehicle cost get recovered within 2 year as compared to the

    cost of petrol vehicles.

    9. Low speed perceived as life saving & less fatal in case of accidents

    10. No need to have license, adds to tension free driving.

    Prime Expectations When Purchased:

    The customer when purchased the battery operated vehicle has some prime

    expectation for the vehicle these factors are given as below:

    1. The economy of fuel.

    2. Vehicles available are giving mileage in range of 50-80 km/charging, Cost

    comes to Rs.8/charging

    3. Low running cost

    4. The vehicle is easy to control.

    5. The vehicle capacity to carry at least 80-100 Kg weight.

    6. The vehicle gives uniform speed level at each level of the Battery

    7. The vehicle giving speed of 30km/hr

    8. The vehicle runs on all kinds of road conditions such as inclined, declined and

    rough roads.

    9. Full charging of battery in 6-8 hours.

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    The responses taken from the customer are on the factors such as what mileage they are

    receiving from their e-bike, what is the speed, what is the pickup, what is the running

    cost, what are the major problems they are having with their e-bike.

    The details of each customer according to the model as given and the interpretation from

    these data is systematically elaborated as follow

    1. Hero Electric Bike

    i. Mileage- It is gives mileage of 40-50/charging the satisfaction level is

    moderate

    ii. Pickup-It is good, but poor with pillion rider

    iii. Speed-The speed of this vehicle is not as good as expected

    iv. Running cost-The running cost of the vehicle is high as there are frequent

    repairing problems

    v. Having frequent repairs, benefits are less

    Major Problems:

    a. Controlling assembly burns frequently

    b. While charging there is serious problem of fuse off

    c. The liners give problems.

    d. Brake wire breaks frequently

    e. Brake wiring is complicated

    INTERPRETATION:

    The interpretation from the above information, some improvements and changes are

    needed these factors are elaborated as follow:

    i. Wire controls should not be complicated currently wires are very complicated.

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    ii. Controller should be stronger; loading capacity should be more,

    iii. Pick up has to be improved; spare parts should have less cost,

    iv. Stand is not good it hurts the leg, spacing should be more

    v. Charging should be quicker.

    vi. Headlight focus should be more.

    2. Yo- Bike

    i. Mileage-It is very good in mileage its average is ranging 50-70km/charging

    ii. Pickup-It is good but there should be improvement.

    iii. Speed-It is good as the company has given 30 & it is giving ranging from25-

    30.

    iv. Running cost-It is very less its nice.

    v. Benefits compared to cost is good

    Major Problems of Yo bike are :

    a. Wheel size has to improve it should be bigger.

    b. Tyres burst frequently & tyre comes out which should not happen.

    c. Battery vibrates more while driving.

    d. The stand is weak

    e. It is having fiber body, it can get damaged easily

    f. Headlight bulb is very weak at focus

    g. There is no space for leg,

    h. Speed setting is not proper.

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    INTERPRETATION:

    The interpretation from the above information, some improvements and changes are

    needed these factors are elaborated as follow:

    i. Electronic speedometer should be available,

    ii. Brakes should be soft and urgent

    iii. Tyre width should be more, so puncture will not happen,

    iv. Foot guard has to be provided

    v. Battery should be below seat

    vi. Charging time should be less,

    vii. Head light should have more power,

    viii. Tyres should be like Activa or Scooty, it should be tube less.

    3. ACE E-Trendy Electric Scooter- I

    i. Mileage-Its is having good mileage

    ii. Pickup- Its good.

    iii. Speed-Its good

    iv. Running cost-It is less

    v. Benefits compared to cost.-Its good

    vi. Tyres are very small, gets punchered easily

    vii. Horn is weak.

    viii. Suspension is poor

    ix. Brakes are weak.

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    INTERPRETATION:

    The interpretation from the above information, some improvements and changes are

    needed these factors are elaborated as follow:

    i. Starting pick up has to be improve

    ii. Tubeless tyre have to be provided to such vehicle

    iii. Suspension should be good

    iv. Horn voice should be louder

    v. Brake performance should be improved

    vi. Charging capacity has to be minimum 70 Km/charging

    vii. Foot guard has to be provided

    4. Matrix

    i. Mileage-It is average, there is no speedometer available, cannot understand

    ii. Pickup-Pick up is average when it is single but with load it is very bad

    iii. Speed-It is good but it should be more

    iv. Running cost-It is less.Only few repair problems

    v. Benefits compared to cost.-Average

    Major Problems of Matrix are:

    a. Fuse gets off

    b. It takes more time to charge battery, it takes 12 hrs.

    c. Seat should be more weight,

    d. Stand should be somewhat lower and strong,

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    INTERPRETATION:

    The interpretation from the above information which the customer had given, some

    improvements and changes are needed these factors are elaborated as follow:

    i. Shock absorber should be good.

    ii. There is irritating noise coming out at the time of application of the brakes

    iii. Stand should be somewhat lower and strong.

    iv. Mirror should be at greater height, and of more length.

    v. Head Light should be powerful.

    vi. Electronic Speedometer should be there.

    vii. Foot guard has to be provided

    viii. Ground level of the vehicle should be improved by 2 feet

    Brand Association with New Product.

    1. In this research when asked about the entry of new vehicle having speed of 40

    km/hr every one was facing the need gap of that & was ready to accept that

    vehicle provided it comes with the least problems mentioned by them.

    2. Registration was welcomed by all.

    3. Regarding License there was mixed opinion, there should be discipline while

    driving where as few said it makes way for traffic police to get bribe from then

    unnecessarily in spite of low speed & Eco-Friendly nature of the Vehicle.

    4. The customers were eager to know the name of the manufacturer who is coming

    with this kind of vehicle.

    5. But when asked to give their opinion on that, Bajaj & Kinetic were the favorite

    companies for them to have this kind of vehicle.

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    6. According to them these companies will change the market of this segment

    vehicle & if enter then it will be good to have a better branded product instead of

    the new entrants.

    Ranking of Models on basis of Look & style:-

    The customer had given points out of 10 to each vehicle according to the look and style

    this is systematically plotted on the graph

    5

    8

    6

    7

    0

    1

    2

    3

    4

    5

    6

    7

    8

    9

    YO Bike Hero Ultra Matrix Ace trend

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    Source of Information:

    The customer had given points out of 10 to each source as there are various modes to get

    information regarding the Battery operated vehicle this is systematically plotted on the

    pie chart as follow

    Source of InformationMedia

    24%

    Event

    16%

    Print Media

    21%

    Reference

    19%

    Radio

    20%

    Media

    Event

    Print Media

    Reference

    Radio

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    Maintenance cost chart:

    The customer was asked to given points out of 10 to their vehicle according to the high

    maintenance cost. This is systematically plotted on the chart. This chart shows

    maintenance cost for each model.

    6

    4

    7

    8

    0

    1

    2

    3

    4

    5

    6

    7

    8

    9

    Yo Bike Hero Matrix Ace

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    Improvement Required :

    The customer was asked to given points out of 10 to their vehicle. The points given by

    the customer were to improve the vehicle by reducing its problems.

    The problems were regarding Brakes, harness, stands, tyres, head lights, battery

    problems and speed of their vehicle.

    Improvement required chart:

    6

    4

    7

    8

    0

    1

    2

    3

    4

    5

    6

    7

    8

    9

    Yo Bike Hero Ace Matrix

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    Chapter 6

    Findings

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    Findings:

    From the research and the response taken from the customer we found that there is a lot

    of improvement to be done. Some of the model is launched without any proper research.

    The overall improvement of these 4 bikes is given as below:

    1. There should be more pick up in the current available vehicles.

    2. They should have more speed at least 40Km/Hr

    3. The battery should get charged in less time.

    4. The battery should last long for more hours.

    5. There should not be variations in speed as battery starts getting used.

    6. The tyres should be strong to lessen the number punctures.

    7. The body of the vehicle should be of good material so that it does not get

    damaged early.

    8. There should be more space provided for footrest for both rider as well pillion

    rider.

    9. The electrical & electronic fittings should not be complicated

    10. There should be speedometer so that one can understand the speed & the average

    of the vehicle.

    11. The battery meter should be digital so that exact knowledge will be available

    about the spending of power.

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    Chapter 7

    Recommendations

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    Recommendations:

    1. More R& D should be done on Battery areas such as how early it should get

    charged.

    2. The Battery lasting time should get increased.

    3. Battery performance while using the vehicle should not be hindered in any way.

    4. Having mixed opinion on the speed. Though current customers are satisfied with

    that but there is scope for improvement.

    5. The important factor which has been noticed & has its own importance is of

    registration of the vehicle There is strong recommendation by almost all the

    customers that it registration should be mandatory because in case of theft there is

    no identity to identify the vehicle, since the numbers which have been provided to

    the customers are by the dealers it self so there so there is wide scope for

    manipulation in that process.

    6. It has been noticed that there are is need gap in the contract between the customer

    & the company there is scope to legal terms with respect to warranty claims In

    this case the company has offered the warranty in kilometers but the vehicle does

    not have the facility to figure out the no. of kilometers traveled.

    7. With respect to marketing & service support, the companies are entering slowly in

    the market, neither they are doing strong marketing & nor the products are strong

    enough to have a strong word of mouth.

    8. There should be strong network of Dealers & service stations.

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    Chapter 8

    Conclusions

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    Conclusion:

    1. The products are been launched in the market with out proper research &

    development resulting wide need gap between customers expectations & the

    returns on the investment made by the customers.

    2. The companies entered in this market have wide scope of improvement with

    respect to all areas of product cycle.

    3. Though the customers are getting benefited by saving petrol cost but still there

    are many questions on the durability of the product.Because the vehicles are

    not having that much strong features which will provide the guarantee to

    customers with respect to durability of the products.

    4. The batteries which get charge in 15 to 20 minutes are highly accepted if the

    charge for the charging is low somewhere they are ready to pay 5 to 6 Rs per

    unit.

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    Chapter 9

    Limitations

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    Limitations of the project:

    The research was limited to Pune city only. Larger potential markets outside Pune were

    untapped. Hence we need to explore untapped market.

    1. The study covers the part of Pune region only and due to the limited sample size,

    the facts revealed in the study may not generalize.

    2. The analysis is based on what public opinion at the time of Research. The study

    may not produce the same findings if done at a later stage of time.

    3. While filling the questionnaires public could not provide 100% accurate

    information because of their personal limitations.

    4. Time constraints as limited time for the Research.

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    Chapter 10

    Questionnaire

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    Questionnaire:

    1. Can you introduce yourself?

    Name

    Age

    Gender

    Address

    Occupation

    2. Do you have vehicle?

    a. Yes b. No

    3. Which model of vehicle do you have?

    a. Yo bike b. Matrix c. Ace trend d. Hero ultra.

    4. Did you compare your vehicle with any other vehicle?

    a. Yes b. No.

    5. Which was the most influencing mode of information?

    a. Media b. Print media c. Events d. Reference

    6. Where do you charge it?

    a. Home b. Shop c. Parking d. Other..

    7. How long do you have to charge your vehicle?

    a. 5-6hrs b. 6-7hrs c. 7-8hrs d. 8-9hrs e. Above 9hrs

    8. Generally after charging it once how many kilometers does it runs?

    a. 40-50Kms b. 50-60Kms c. 60-70Kms d.70-80Kms e. Above 80kms

    9. Do any of you have to carry the battery upstairs because you live in the 2 nd floor or

    3rd floor?

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    a. Yes b. No.

    10. Do you face any problem with your vehicle?

    a. Yes b. No.

    11. Is there any scope to improve your present vehicle?

    a. Yes b. No.

    12. If yes, please specify improvements needed your present vehicle?

    a..

    b..

    c..

    d

    13. Do you generally carry any thing on this vehicle?

    a. Yes b. No

    14. Approximately can you tell me the weight you generally carry on this vehicle?

    a. 10-20kgs b. 20-30kgs c. 30-40kgs d. 40-50kgs e.Above50kgs

    15. In scale of 10 how many points do you give for problems occurred to your bike?

    Ans.

    16. In scale of 10 how many points do you give for the service center of your bike?

    Ans.

    17 .In scale of 10 how many points do you give for look and style to following bike?

    a. Yo bike

    b. Matrix

    c. Ace trend

    d. Hero ultra.

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    18. In scale of 10 how many points do you give for the source of information you

    get?

    a. Media

    b. Print media

    c. Events .

    d. Reference .

    19. In scale of 10 how many points do you give to the maintenance cost of your

    vehicle?

    Ans. .

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    Chapter 11

    Bibliography

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    Bibliography:

    Book:

    1) Research Methodology

    Methods and Techniques

    C.R.Kothari

    2) Marketing Management

    Philip Kotler

    Internet:

    www.evfuture.com

    www.kinetic2wheelers.com

    www.automobileindia.com

    www.google.com

    http://www.evfuture.com/http://www.automobileindia.com/http://www.google.com/http://www.evfuture.com/http://www.automobileindia.com/http://www.google.com/