How to Start Ola Electric Bike Dealership and Investment Cost?

General
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Hey, Investor are you still in the mess of finding the best option for investing money? So Ola Electric Bike Dealership is a great investment opportunity. As you know, the Indian Government is promoting Electric vehicles and many people shifted their petrol/diesel vehicles to electric vehicles. This means in the future roads will be filled with Electric cars and bikes. I know guys, you have heard about the OLA Electric company which became the first EV company in India to launch Electric Scooter. On August 15, 2021, OLA Electric Mobility Private Ltd. introduced its electric scooter to the Indian market. It will be completed in the Netherlands and Tamil Nadu, India, which is home to their principal manufacturing facility.

Moreover, this Indian company called Ola Electric Mobility makes electric two-wheelers. The company’s main office is in Bengaluru, Karnataka, India. A division of Ola Cabs, which offers taxi services and bookings, is Ola Electric. In 2017, Ankit Bhati and Bhavish Aggarwal launched this business. Now this company giving a very beneficial and golden opportunity to Indian businessmen. Yes, we are talking about the Ola Electric Bike Dealership program where you can start your own business with Ola company. If you are interested in starting a business in the EV field so why do you here just apply for this dealership program?

This is how you can easily apply for the Ola Electric Bike Dealership/Franchise business model by following the given mentioned steps only:-

  • To get this Ola Electric Bike Dealership first you need to make contact with the Ola Electric Bike Team or OLA headquarters. For this, you have to navigate the official website of the https://www.olacabs.com/contact.

  • Now you need to enter the required details in the application form and submit it to the Ola Electric Dealership.

  • After submitting this application form to the team, now you need to wait for your approval.

  • If your application is fit for the Dealership program they will provide you with an agreement letter. Before signing the agreement letter you must carefully read the terms and conditions.

  • Make sure dear investor you must research and market study before you establish your future OLA dealership.

  • Then you can start the OLA’s support and training model to launch your dealership.

  • Finally, you are all set to launch your own Ola Bike showroom and make good income sources.

I hope guys, this information will be very beneficial for you and you can easily get into the OLA Dealership program in 2024. For more information regarding this Dealership’s opportunity like Investment Cost, Profit Margin, and Documents so you can simply check out the reply section.

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OLA Dealership Investment Cost

To start this outstanding dealership program you have to arrange a big amount of investment. This OLA Dealership can be run by the investment of Fees, Showroom, Land Requirement, Infrastructure, and much more. So we are breaking down the investment cost in the below-mentioned area:-

  • Dealership fee:- 50,000

  • Spaces for service, godown, showroom, etc:- 5 to 8 Lakhs

  • Infrastructure and interiors:- 10 Lakhs

  • Inventory of about 50 EVs:- 50 Lakhs

  • EV Spares and components:- 5 Lakhs

  • Required Working Capital:- 15 to 20 Lakhs

  • Other expenses:- 3 to 5 Lakhs

  • Total OLA electric scooter dealership cost in India:- 80 to 90 Lakhs

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Profit Margins of OLA electric scooter dealership

The OLA electric franchise dealership generates enormous profits. The market for e-scooters is expanding as more people convert to them. Every significant Indian automaker has announced plans to introduce electric vehicles (EVs) shortly, and they are heavily investing in infrastructure, EV dealerships, charging stations, and increasing manufacturing capacity. The profit margin per sale of an OLA scooter is an astounding 25 to 30% of the price of an electric two-wheeler.

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Important Documents for the Ola Bike Dealership

During the application process for OLA Bike Dealership/Franchise, you need to attach the required documents with the application form. In the below section we have provided the documents list:-

  • Aspirant dealer’s Voting or Aadhar Card

  • Residential proof

  • PAN Card

  • a commercial area.

  • Photographs in Passport Size

  • Registered Mobile Number

  • Applicant’s Email ID

  • Documents to prove the renting or owning of the required spaces in