a project report on new product idea rimt

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    A PROJECT REPORT ON NEW PRODUCT IDEA

    " MOTORCYCLE WITH THE SAFETY OF CAR/ GEN-X"

    BY

    INITIATORS

    Insha mattoo, Navjot Kaur, Deepali sood, Rahul Kumar, , Chandar veer, Chandan sehgal, ,

    Raghav goyal.

    UNDER THE GUIDANCE OF

    PROF. NITESH JAIN.

    SUBMITTED TO

    "RIMT"

    REGIONAL INSTITUDE OF MANAGEMENT TECHNOLOGY.

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    ACKNOWLEDGEMENMT

    Our project had been an excellent experience. It gave us a practical

    view to the plans and strategies and the various fields under it.

    However; none of this would have been possible without the support of

    certain people. Our heartiest thanks to Prof: Mr. Nitesh jain. And Prof:

    Mrs. Kavita Sharma. She has been our motivator throughout the

    project and led us to direction for the successful completion of the

    project regards.

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    TABLE OF CONTENTS

    CONTENT

    ACKNOWLEDGEMENT

    SUMMARY

    CONCLUSIONS

    QUESTIONNIRE SURVEY

    BIBLIOGRAPHY

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    SUMMARY

    Nowadays, if you want to get from point A to B as soon as possible, youhave two simple options: get behind the steering wheel of a car or jumpon a motorcycle. Unfortunately, you cant make a compromise and

    choose a little bit of both. Well not really, as this will going to changesoon.

    This innovative vehicle will not only help you move easier through the

    traffic without getting wet when it rains, but it is also very efficient,being powered by electric energy.

    Technically, the GEN-X is an enclosed motorcycle, but its mostsignificant feature is its extraordinary self balance, being able to driveforward and in reverse without falling overa feature that cant be

    found at any motorcycle, but is common for any car.

    Exterior

    The Lit Motors GEN-X features a simple yet elegant design language.The body is represented by a series of fluid lines which seem to meltone in other, forming a shape that looks like it came back from the

    future.

    The body is placed between the two wheels, a layout thats similar to

    the one found at motorcycles. Up front, the body is fitted with four ovalheadlights which are combined with a big windscreen raked rearward at

    a pretty shallow angle. The windscreen continues to flow toward theback forming a panoramic roof with a sloped line.

    http://www.topspeed.com/cars/others/2014-lit-motors-c-1-ar136645/picture478723.html
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    Surprisingly, the back of the car comes without a glass area so rearwardvisibility is assured only by the lateral mirrors. The tail looks prettysimple and apart from three modern looking taillights, there isnt

    anything else worthy of being mentioned.

    For safety reasons, the vehicle received a set of circular ice-blue LEDs

    mounted in each wheel, which not only make the GEN-X more visible at

    night, but also significantly cooler to look at.

    Interior

    http://www.topspeed.com/cars/others/2014-lit-motors-c-1-ar136645/picture478726.htmlhttp://www.topspeed.com/cars/others/2014-lit-motors-c-1-ar136645/picture478740.htmlhttp://www.topspeed.com/cars/others/2014-lit-motors-c-1-ar136645/picture478726.htmlhttp://www.topspeed.com/cars/others/2014-lit-motors-c-1-ar136645/picture478740.html
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    Conclusion

    The Lit Motors GEN-X is a quantum leap forward in terms oftechnological innovations, as it opens the road of a new type of vehiclethat combines the advantages of both motorcycles and cars. Moreover,despite its compact dimensions, the cabin is pretty comfortable and isalso equipped with every feature expected to be found in a modern car.

    On top of that, the GEN-X offers decent road performance and its thefirst two wheeled vehicle in the world equipped with a gyroscopicallystabilizer that really works and is ready for mass production.

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    QUESTIONNIRE SURVEY

    Q: 1.

    8.3 % Respondent want top quality is important.

    15.3% Respondent priority is quality.

    5.4% Respondent want top quality with budget.

    Is top quality a priority or is price point more

    important?

    Top quality

    Quality

    Quality with budget

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    Q: 2

    90% Respondent like to spend on product quality & features.

    10% Respondent spend for any price.

    How much would you like to spend?

    Any price

    Depend on product quality &

    features

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    Q:3

    95% Respondent like high tech bikes.

    5.5% Respondent no need for high tech bike.

    Do you like high tech bikes?

    Yes

    No

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    Q:4

    All respondent like bike with safety and features of car.

    Would you like bike with safety and features

    of car?

    Yes

    No

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    Q:5

    70% Respondent bike comfortable.

    20% Respondent bike very comfortable.

    10% Respondent bike not comfortable.

    Is your bike comfortable?

    Comfortable

    Not comfortable

    Very comfortable

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    Q:6

    99% respondent replayed no.

    Does your bike provide anti- theft security?

    Yes

    No

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    Q:7

    95% respondent like bike which are provides mobile connectivity, GPR,navigation with display.

    5% respondent no need for that.

    Does you like if your bike provides you

    mobile connectivity, GPR & Navigation with

    display?

    Yes

    No

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    Q:8

    All most respondent want bike gives entertainment in music.

    Would you like if your bike gives you

    entertainment s in music?

    Yes

    No

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    Q:9 What changes you want in your bike?

    A: Suggestion of respondent :

    (a) Anti theft security.

    (b) Mileage, Looks.

    (c) Safety, Entertainment.

    (d) Anti - fire.

    (e) More safety measures should be introduced.

    (f) Bike should be more spacious.

    (g) Updating requirement.

    (h) Safety features.

    (i) Nothing.

    (j) Fulfil all customer requirements.

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    Q:10 Reviews about our product?

    A: Feedback:

    (a) Its good.

    (b) Product is as per market and current traffic scenario need. Changing

    a bike into a automated car with enhanced features will surely a boost

    for this product. security & fuel concern must be taken care off for

    better product market.

    (c) Really nice product. Really improved.

    (d) Its nice but price is very much high.

    (e) Excellent.

    (f) Seems to be very good and spacious product providing all facilities of

    a car, as it is two wheeler. If price is comfortable along with features

    that's good for future purposes.

    (g) Good Attempt.

    (h) Ready to buy at any price, It is a new concept of bike and quite

    impressive because it is gearless.

    (i) Creative idea, must be feasible.

    (j) Good proposal if made in reality.

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    BIBLIOGRAPHY

    www.litmotor.com

    www.topspeed.com

    www.technologyevaluation.com

    www.studymode.com

    www.schneiderpr.com