Why EV Service Centres are making huge losses?

Why EV Service Centres are making huge losses?

The Untold Struggle of India's EV Service Centers In the bustling landscape of India's electric vehicle (EV) market, a silent crisis is unfolding.

There are ZERO profitable EV service centers in the country. But we're here to rewrite that narrative.

The Current Predicament:

- Massive Closures: An alarming 80% of EV dealerships are teetering on the brink of closure, with many pleading for their security deposits back from brands.

- Misplaced Blame: Battery fires, often the fault of manufacturers, are wrongly attributed to dealers and customers.

- Slim Margins: Revenue from spare parts and servicing is meager, with battery replacements being the only lifeline.

- Dealer Solidarity: Some seasoned dealers are rallying to support their peers with battery and technical know-how.

- Water Damage Woes: Water-damaged batteries are a universal headache.

- Outsourcing Repairs: Most dealers outsource lithium battery repairs, lacking in-house expertise.

- Sales Over Service: Manufacturers prioritize vehicle sales over after-sales service, leaving dealers in the lurch.

- Financial Stranglehold: Limited financing and insurance options further choke dealer profitability. This grim scenario paints a picture of an industry in dire need of a revolution.

Our Game-Changing Solution: Introducing EV DOCTOR™ - a revolutionary tool for battery diagnostics that's as crucial for EVs as health check-ups are for humans.

Originally priced at 30,000 INR plus GST, we've slashed the entry barrier with our new 'Pay as You Grow' model:

- Affordable Start: Now, just 10,000 INR upfront for the device.

- Scalable Growth: Pay only 50 INR per test as your customer base expands.

How Dealers Can Thrive:

- Battery Testing: Charge customers 200-500 INR per test report.

- EV Servicing: Earn around 300 INR per service.

- Battery Repairs: Profit margins vary but are substantial.

Potential Earnings:

- Acquire EV DOCTOR™ for just 9,999 INR.

- Charge 200 INR per battery checkup.

- Net 150 INR plus repair profits per test.

With just 2,000 tests annually, dealers can pocket up to 3 lakh rupees. Imagine the possibilities with more!

Join the EV Revolution: This isn't just about survival; it's about thriving.

Boost your EV business and elevate customer service with our innovative approach.

Ready to transform your EV service center?

Contact us at info@batteryok.in to get started.

#India #ElectricVehicles #Servicing #BatteryOk #Batteries Let's power up India's EV future together!

Electric vehicle (EV) service centers face profitability challenges due to the low maintenance requirements of EVs and their relatively low market penetration. Currently, operating a service center exclusively for EVs may not be a viable option. However, co-locating EV service centers with existing businesses can be a practical solution.

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alok kumar yadav

"Experienced Area Service Manager | Expert in Operational Efficiency, Team Leadership, and Customer Satisfaction"

4mo

The EV service center are struggling with parts,inventry, skilled labour,and most common issue unmatchable promisses making during the sell of the vehicle. There is huge gap in parts supply as if you require 10 then they only provide 1 ......

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Great article Shubham Mishra! The issues of rising operational costs, lack of technicians, and inadequate infrastructure are indeed critical factors contributing to the losses in the EV servicing sector. Addressing these aspects can significantly improve the profitability and efficiency of EV service centers.

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