Professional Documents
Culture Documents
Quiet Ride
2 FRV Prevail does not have a loud combustion engine.
This makes for a very quiet riding experience
The Utopia
More Reliability
4 Electric Vehicles tend to be more reliable as
they have fewer parts likely to spoil.
PREVAIL
Prevail is introduced to create a greener
value in the market by making products
that can help to lead environmental
benefits for the betterment of human
beings and nature.
Prevail is a high-tech
solution for short-distance travels. The
main product idea is to add a stress-free
riding experience without sacrificing
design, ease of use, and price. Hence value
proposition is a great design and fair price.
CONCEPT & IDEATION
2019
MANUFACTURING/LAUNCH
Birth of Prevail
2021
Why Now?
Category Growth Projection
The sales volume of the Indian electric two-wheeler industry is expected to
massively increase from 152.0 thousand units in 2019 to 1,080.5 thousand units in
2025, at a 57.9% CAGR between 2020 and 2025
Government Support
The Indian government is taking initiatives such as FAME-II, offering
subsidies and tax exemptions to buyers to promote electric two-wheelers
in the country.
Age Group
Prevail will be highly focused on an Age segment of 21 to 35 years old people
Income Level
We will target people with an income level of INR 25000 to INR 150000 per month
Target Market
Who are the customers we will cater to?
152 THOUSAND UNITS
SOLD IN 2019
NAVIGATION BLUETOOTH
THROUGH LED CONNECTIVITY
PANEL
MOBILE ACCEPT OR
CHARGING REJECT CALLS
Through existing and new Channel
Partners in India via Retail Outlets
Business or
Revenue Model
Weaknesses
1) Pricing to cater to overall customer segments is a challenge
SWOT Analysis 2) Riding range is comparatively lower than conventional two wheelers
3) Maximum riding speed remains around 80 kmh as an average
Opportunities
1) One of the first movers in this industry
2) Expanding Internationally
3) Pre-existing customer base
Threats
1) New entrants in the market if any further delay in the launch
2) Rise in the prices of E-batteries
What's Next?
Once PREVAIL is launched in the Indian Market, we plan to
introduce Home Charging Points by the name of Prevail
Spots that can be easily assembled at home.
2022
Launch Prevail in Bhutan,
Future Roadmap Nepal and Sri lanka
Contact
Us
9711-441-842
info@prevailelectric.in
www.prevailelectric.in