COVID-19 (Coronavirus) and Where to Invest Money In? - by Aman Alok, E-Vehicles Market Consultant

An article published by Aman Alok (E-vehicles Market Consultant)

The market is the worst hit by the coronavirus pandemic. Though the major concern right now shall be to control the outgrowing situation but very soon the situation betters the market needs to do some intelligent investments which are based on assured returns, if not exponential ones.

You have to stop worrying about the fall in the economy, follow a simple logic when thinking to invest in a dealership -

i) Is this market growing? Yes. 

ii) Is this brand trustworthy? Yes. 

iii) Is the brand taking a very high chunk just to give away the brand name? No. 

If this is how the answers have come, go for it! There are certain business segments like education, health care which shines like an evergreen gem in the market but the problem is that these are not of a growing nature and there is hardly any space for a new entrant. Investing in these segments will be unprecedented if looking for a return in the near future. Long-term existence and perseverance will surely earn a mark to do well but many businesses fail at an early stage.

The segment of electric vehicles is one such area of interest for the market researchers for its growing nature. The demand for electric vehicles will only increase in the coming times without a fail. The only concern for the people should be - which brand to invest in? Well, some of the brands have been doing really good in the market but we will identify Deltic and every other known brand from the petrol/diesel lot. All of such brands have entered the market at the right time and have been performing well but the amount of investment has been a pain for the common public looking to invest somewhere and start their first business. Also, the electric vehicles segment has omitted the monopoly of big brands from the market and new entrants are stealing the show with their dedication. We have to understand that e-vehicles have emerged as a new business segment altogether and the pre-existing infrastructure as an automobile company might help to some extent but of zero value beyond a level. Deltic with its market-leading numbers in e-rickshaw sales has already proven this and ready to show magic in the e-scooter segment as well.

Deltic is being taken as a case study in the battery-operated vehicle segment because of its stable backing. A unit of Delta Autocorp LLP, Deltic is led by a seasoned entrepreneur, the CEO of the company - Ankit Agarwal. An experienced businessman and technology leader in the field of sustainable energy. Also, the market has shown a certain amount of trust in this brand. 300+ e-rickshaw (toto) dealerships and e-scooter dealerships network across India proves the same.

A growing market, a stable brand, and zero-cost (nearly no money to be paid to own the brand name) model, just pay for your inventory and some deposits. This way you see why after the coronavirus pandemic e-vehicles will be a good segment to start your business in and to start a business under 20 lakh, Deltic can be a good decision. Franchise or dealership or your business to start - whatever you term it, don’t just invest without taking the above points into consideration. Remember, slow and steady wins the race.