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Research Project On Electric Bike
Research Project On Electric Bike
Research Project On Electric Bike
INTRODUCTION
Purpose and need of electric-bike?
Global steel production is continuing its growth and the production in 2006 crossed 1.2
billion ton mark. In spite of some control measures adopted by Chinese Government the
crude steel registered an impressive growth and has crossed 450 million tons. India is also
witnessing a huge growth in steel production and it is expected that steel industry will
continue to grow by more than 12% per annum.
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OBJECTIVE OF STUDY
To find out the awareness of consumer about the electric bike in Raipur city.
To find out the market share of different manufacturing Companies dealing in electric
bike.
RESEARCH METHODOLOGY
The success of any event heavily depends upon the way chosen for its execution. This
includes ensures of some basic question to the specific focus on constraints as well. In
other words they can call the methodology as the backbone of any research. It also
includes research or study method. Thus when they talk of methodology they not only talk
of methodology they not talk of methods but also consider the logic behind the methods
they use in the context of their study objective and explain way use are using them so that
study results are capable of being evaluated logically.
Statement Of Problem:
The purpose is to study the perception of buyer and user towards Electric-bike
in Raipur city.
Population:
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Population refers to the total of items about which information is desire. The attributes that
are the object of study are referred to as characteristics and the units possessing them are
called as elementary units. The aggregate of such units is generally described as
population. Thus, all the units in any field of inquiry constitute universe and all elementary
units constitute population.
The population can be finite and in finite the population is said to be finite if it is consist of
a fixed number of elements so that it is possible to enumerate it in its totality. An infinite
population is which it is theoretically impossible to observe all the elements.
The population is specific group of people, firms, conditions, activities etc. which forms the
pivotal of research for developing and using a sample, it become primary duty of a
researcher to define the population from which to draw the sample.
Sample:
The sample is the representative unit of population. The researcher has taken the
consumer as sample for this research. Since in this research the researcher has collected
the sample according to his own convenience. So the sample is stratified proportionate
sample and the sample size of the research is 30.
This refers to number of items to be selected from the universe to constitute a sample. The
size of the sample should neither be excessively large, nor too small. It should be
optimum. An optimum sample size is one, which fulfills the requirement of efficiency,
representativeness, reliability, and flexibility.
Sampling Method
In this research the stratified proportionate Sampling Method has been used. In this
method the population is divided into several sub-populations that are individually more
homogenous than the total population(the different sub population are called “strata”) and
then we select items from each stratum to constitute a sample. In other words, under this
sampling the organizers of the inquiry purposively choose the particulars unit of the
universe for constituting a sample on the basis that the small mass that they so select out
of a huge one will be typical or representative of the whole.
Here the total population i.e. the total number of consumer in raipur region is 300 it is
divided in the following four stratas
1. Working women………. = 90
2. Working men………….. = 30
3. College going girls……. = 130
4. College going boys…… = 50
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And for strata with N = 130 we have p = 130/300
Hence n = 0.43 * 30 =13
Sample Plan:
Sample Unit 4
Sample Size 30
Data Collection:
The task of data collection begins after a research problem has defined. Researcher
should keep in mind two types of data, primary data and secondary data. The primary data
are those, which are collected afresh and for the first time, and thus happen to be original
in character. The secondary data, on the other hand, are those which have already been
collected by someone else and which have already been passed through the statistical
process.
Both, primary data and secondary data were used in accomplishment of objective of the
research.
2.7 Questionnaire:
2.9 Delimitation:
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2. The generalization of finding is subject to the accuracy of data provided by the
respondents.
LITERATURE REVIEW
company’s vision of electric-bike.
COMPANY’S VISION
Vision:
A world class engineering major, catering to manufacturing and metallurgical sector along
with leadership in electric vehicles.
Core Values:
• Business ethics
• Customer Focus
• Professional pride
• Mutual Respect
• Speed and innovation
• Excellence in manufacturing
• Total quality
Corporate Mission:
Develop and provide reliable metallurgical equipment, products and services at competitive
prices,
integrating best manufacturing practices and providing innovative and eco friendly
technologies and
products for the benefit of the society.
Corporate Objectives:
� Customer Focus:
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o To develop a special relationship with customers to ensure not only customer delight but
customer success.
o To expand the relationship with existing customers by offering additional services in
engineering, energy conservation strategies, environment protection technologies and best
operating practices.
o To expand the customer base by providing them with newer products.
o To use customer feedback for design improvement and new product development.
� Dynamic Corporation:
o To develop an agile and effective organization which adopts and adapts to the
changes in business environment by continuously assessing the opportunities and
encashing them and evaluating the threats to mitigate them.
o To develop a learning organization having technology based competitive edge in
current businesses and future initiatives.
21st Annual Report for the year ending March 31,2007
� Performance:
o To continuously improve the performance with emphasis on cycle time reduction and
cost control in order to sustain long term competitiveness.
o To improve on project execution time and cost to ensure long term viability.
o To operate and maintain the manufacturing facilities at par with the best-run
engineering and metallurgical companies in the world with respect to productivity,
equipment availability, operational reliability and product quality.
o To achieve quality by embedding the best practices in all systems and processes.
� Financial Soundness:
o To continuously strive to reduce cost of capital through prudent deployment of
funds.
o To develop sound commercial policies which ensure reasonable returns and
remuneration
� Environment Protection:
o To contribute to reduction in global warming and pollution by encouraging and
developing environmental friendly technologies and products.
o To become a lead player in developing electric and hybrid electric vehicles which not
only lead to cleaner cities but also will reduce consumption of liquid fuel which is
largely imported by the country.
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� Research & Development:
o To continue efforts in developing cost effective, reliable and efficient technologies for
Indian and overseas customers.
o To pass on the benefit of Research & Development to the customers.
o To carry out research in development of alternate fuels and technologies
Y0-BYKE runs on Battery and is the most economical two-wheeler in the world.
Cheapest to buy, cheapest to run and cheapest to maintain! I have extensively tested model
Y0-SMART and I am very happy with it and highly satisfied. I have driven it double seat
(120 kg), and it climbed a 20 degree slope double seat. On the steep slope, the speed
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dropped to FIVE km per hour, but Y0-SMART climbed the full slope on its own. For a Y0-
bike that costs less than the cheapest petrol scooter, having Self-start, almost zero
maintenance cost and almost zero running cost, and totally zero fear, this performance is
FANTASTIC. This top model Y0-SMART costing 29,000/- is the best and most socially
acceptable model. It has some lockable space under the seat to keep your stuff. It is very
comfortable. People won’t even know that it is an E-bike or Y0-BYKE. There is no self-
start button. Just insert the key and turn it, and twist the accelerator. The bike will move
absolutely silently. You won't even know.
I have also extensively tested Y0-TUFF, the cheapest model costing 17,500/-. It has a
beautiful, comfortable seat, excellent brakes, excellent headlight beam, shock absorbers in
front and ideal for school kids and such people whose day-to-day life is governed by
bicycles. There is a large carrier at the back, but no clasp. Company is going to provide
clasp soon. Since this model has pedals like bicycle, in case the charge in the battery is over
you can easily pedal it like an ordinary bicycle. The pedaling effort is almost same as that
in an ordinary bicycle and is very easy. I have actually manually pedaled it non-stop (single
seat) over a distance of SIX km, and the effort required was exactly same as required in an
ordinary bicycle.
I have also actually pedaled LUNA moped and TVS50 moped, and found that
pedaling effort required in Y0-TUFF is TWENTY TIMES LESS than the effort required in
LUNA and TVS50 moped. This is because of three main reasons: <1>The arm-length of
the pedals is same as ordinary bicycle, thus giving same mechanical advantage & velocity
ratio as ordinary bicycle. <2>The seating geometry on Y0-TUFF is very ergonomic for
pedaling. <3>The weight of YO-TUFF is much less than LUNA or TVS50.
In one full charge I have actually covered over 80 km on Y0-Smart. If you want to
calculate cost of charging, then it comes to less than FIVE paise per km (Rs.3.75 divided
by 80 km), which is much cheaper than any petrol driven motorcycle. Even if your petrol
motorcycle is giving 80 km per liter of petrol which costs Rs.55/- per liter, your running
cost comes to almost 70 paise per km. Thus Y0-BYKE running cost is FOURTEEN TIMES
CHEAPER than the cheapest petrol motorcycle. Y0-BYKE is much cheaper than even bus
fare.
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front dicky of Y0-Smart scooterY0-Smart dials
Petrol driven motorcycles and scooters need regular change of engine oil every
2000 km, which costs @ Rs.200/- per litre. In Y0-BYKEs, there is no such cost, which is
further money saved. The petrol bikes also need regular maintenance like servicing, chain-
sprocket lubrication, spark plug cleaning and replacement, carburetor cleaning and many
other things which cost money. Y0-BYKEs need no such maintenance because there is
nothing to be serviced, there is no chain-sprocket, no spark plug, no carburetor, nothing!
Apart from wheels and pedals, the only moving part in Y0-BYKEs is the electric motor,
which is completely encased in metal and is located inside the rear hub.
There are SIX models of Y0-BYKE, ranging in price from Rs.17,500/- to Rs.29,000/-. The
cheapest model is named Y0-TUFF and price is Rs.17,500/-. It has the same frame like a
standard gents bicycle as well as large wheels and pedals like in bicycle. Y0-TUFF Tires
are 26 inch diameter and 1.75 inch thick, same like standard full size gents bicycle. Y0-tuff
is not suitable for females wearing long flowing dress or Saree. Two other large wheeled
Y0-BYKE models which have pedals and use the same Y0-Tuff battery, and suitable for
females wearing long dress, are Y0-TREND costing 19,500/-, and Y0-TEEN costing
20,400/-. Both Y0-TREND and Y0-TEEN have slightly smaller diameter wheels and have
lower seat height suitable for females. All these three models use a composite single battery
which is 41 cm tall, 17 cm wide and 11 cm thick. It is locked on the bike (there is a key to
open this lock), and can be unlocked and carried into the house for charging. Its weight is
13 kg. It is convenient to carry and has a convenient handle for carrying it. The battery can
be unlocked & removed from the bike by lifting the rider seat.
These three large wheeled models can carry 75 kg weight. Top speed is 25 km per hour,
and can run 50 km before charging is required.
Battery voltage is 36 Volts, and battery life is 20,000/- km. There is a fourth large wheeled
model with pedals named Y0-TRUST (also suitable for females) which uses TWO batteries
which can travel 75 km on a single charge and costs Rs.21,500/-.
There are TWO more models with small wheels like Scooty, named Y0-SPIN and Y0-
SMART. Both these models work at 48 Volts. Y0-SPIN costs Rs.26,000/-, range per charge
is 55 km and battery life is 20,000 kms.Y0-SMART costs 29,000/-, range per charge is75
kms and battery life is 25000 kms.
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Y0-BYKE number plate Y0-Smart handle
Charging the battery is very simple. The charger has two wires coming out of it. At the end
of one wire is two-pin plug which fits into any electric wall socket in your house. At the
end of the other wire is a suitable plug which fits into the socket of the Y0-BYKE. On the
charger is a small indicator light. While the battery is being charged this light is red. When
the charge is complete, this light turns green. When light goes green, just disconnect the
charger wires from both ends and keep the charger at home and start riding the Y0-BYKE.
The day I began my testing of the Y0-Smart model of Y0-BYKE was great. I got stopped
by a Cop for driving in the cycle lane on the one way part of Law College Road on which,
from Canal-Roads-Chowk up to Nal-Stop, on the right side there is a lane
reserved exclusively for cyclists, and marked by a few inches high divider. Many
motorcycles were going in that lane, which is illegal. I also went on Y0-Smart. At Nal-Stop
traffic light, Policeman was catching motorcyclists for going in bicycle lane. He was
confiscating their Licenses. I also was stopped. He asked for my License. I said I don’t
have License. Then he asked for P.U.C. I said I don’t have PUC. Then he asked for Regn.
Certificate. I said I don’t have. He then took out his official receipt book for collecting
FINE, and asked me vehicle number. I said I don’t have number. He said “Eh? How can
that be?” And walked behind the Y0-Smart and read the number, “Shree 420” (see photo).
“What nonsense” he shouted, “Come to inspector”. So he took me to inspector and
explained, “This man has no License, no PUC, no Registration Certificate, and on number
plate he has written Shree 420 see, policeman pointed at my Y0-Smart. Inspector looked at
my Y0-Smart and told policeman, “Let him go”.
Policeman was shocked and asked inspector, “Why should we let him go?” Inspector
replied, “Because he is Shree 420! This is Y0-BYKE. It does not need anything.
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It does not need even petrol. Then inspector turned to me and said, Sir, “can you please
explain about the bike to my man and educate him while I collect FINE from the
motorcyclists for doing exactly what you did. I was very happy. This is the biggest
advantage. But even bigger advantage than this is that I never have to go to petrol pump. I
don’t use petrol. Not even diesel or kerosene.
Advantage of
ELECTRIC
bike
Ten good reasons from A to B magazine...
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1. Hill Climbing
That may sound obvious, but it's the primary advantage. A good electric bike effectively
flattens hills, increasing your average speed and eliminating the 'groan' factor when a
gradient comes into view. Provided you supply a reasonable amount of effort, you can
expect to climb hills of 1 in 10 (10%) on an electric bike with ease, and clear a maximum
gradient of 1 in 7 (14%), or much more. In hilly country, the effect is nothing short of
miraculous.
2. Safety
It sounds unlikely, doesn't it? But the mathematics is compelling. Think of a steep and busy
road, with cars climbing at 30mph. If you previously slogged up the hill at 6mph, but can
tackle the same gradient at 12mph with an electric bike, you will see 33% fewer cars, and
they will pass you at 18mph rather than 24mph. Or at least, we think that's correct.
Whatever the figures, there's no doubt that an electric bike helps to keep you out of danger.
The same general principle applies to road junctions - the faster your acceleration, the
sooner you can get out of trouble. And with no need to rush the hills, you won't be tempted
to ride downhill at breakneck speed... another useful safety feature.
3. Running Costs
Purchase cost is a little more than a conventional bike, mechanical wear and tear is about
the same, and electricity is so cheap as to be largely irrelevant, but there is an extra expense
in terms of battery depreciation. Consequently, an electric bike costs more to run - typically
5 - 8 pence per mile against 4.2 pence per mile for a non-assisted bike (a).
However, electric bike running costs should really be compared with those of a moped, or a
car, when the electric bike replaces car mileage. With cars costing 50 - 80 pence per mile,
an electric bike can save a great deal of money.
4. Personal Fitness
Surely a conventional bike will keep you fitter? That, of course, depends how much - if at
all - you use it. Research (b) has found that 46% of conventional bikes are used only once
or twice a week, with a further 30% being used once a fortnight or even less. By contrast, a
recent survey of electric bicycle owners reveals that a third ride their bike at least once a
day and 81% use the bike at least once a week (c). The figures confirm our experience that
an electric bike typically gets used at least twice as often as a conventional machine.
Because riding an electric bike is a great deal more enjoyable in hilly country, into strong
winds, or when carrying heavy loads, users tend to make better use of them. The motor
provides up to half the effort, but more regular use means more exercise for the rider.
5. No Sweat!
Sweat may not be a serious issue when you're out for a leisure ride, but it's more important
if you're cycling to work. Although some employers are rather grudgingly providing
showers and other facilities for cyclists, the great majority have no intention of doing so.
An electric bike eliminates the problem at source. Oddly enough, you won't sweat on an
electric bike, even if you put in the same amount of effort as you do on an ordinary bike.
This is because you will be going faster, and the 'wind chill' effect is greater, keeping you
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cool. In hot weather, it's possible to maintain a normal schedule by transferring a bit more
load to the electric motor. In colder weather - or if you feel in need of exercise - just throttle
back, or turn the motor off.
7. Genuinely Sustainable
There's a lot of nonsense talked about sustainability in transport, but an electric bicycle can
be made genuinely sustainable. Purchase electricity from a 'green' supplier, or generate
your own with a roof-mounted windmill or solar panel array, and the vehicles' fossil fuel
consumption will be zero. Surely a conventional bike does that already?
Only if you grow the food you consume whilst riding it. Unfortunately, most modern food
production and distribution is so fuel-intensive that the consumption of a typical cyclist is
not terribly good. To see this in practise, take a look at our Climate Change pages.
8. Faster Travel
In theory a car can average a high speed, but in practise speed often falls below 10mph in
cities. The problem is congestion - motorcycles get around this to some extent, but they're
still confined to the road network. An electric bike can maintain a higher average speed
than a bicycle but take advantage of the same network of cycle facilities, giving access to
routes that cars and motorcycles cannot reach. The result is often a faster door-to-door
journey time than any other mode. And by taking advantage of the uncongested cycle
network, but eliminating hills and headwinds, electric bikes are often the most consistent
mode of travel.
to buy, at £400-£1,000, but it seems you'll get most of that back if you sell the machine on.
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DETAILS 2006-07 2005-06 2004-05
The income for Mar 05 increased from Rs.183.77 crores to Rs. 344.72 crores in Mar 06, a
jump of 88%. In the year Mar 07, the income further increased to Rs. 730.89 crores, a jump
of 112%. The jump was on account of increased sales of special steel division and
launching of Electric vehicles.
Export sales
The break of domestic and export sales for the last three years are given below:
Exports
5,151.38 4,111.03 3,386.76
Export Sales
1,761.93 0.00 0.00
Deemed Export Sales
6,913.31 4,111.03 3,386.76
Total Exports
73,088.65 34,472.10 18,376.84
Total
The exports are steadily increasing. The exports could have been much higher, but several
orders which are under execution will actually be completed in the current financial year
(2007-08) and the export figures will be reflected in the current year.
17
Stock Performance
Performance of share price of ELECTROTHERM in comparison to BSE Sensex for the year
2006 – 2007 is as under:
18
Manufactures of electric bike and their Products?
Model: YO Speed
Manufacturer: Electrotherm
Price: 36,650
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Model: myEbike Sporty
Manufacturer: Paradise Electro Auto
20
Model: e-Coupe
Manufacturer: Youth Bikes
Price: 30,000
Model: e-Trendy
Manufacturer: Youth Bikes
Price: 30,000
21
Model: Hero Maxi
Manufacturer: Hero Electric, Ultra Motors
Model: YO Spin
Manufacturer: Electrotherm
Price: 20,749
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3.1 ANALYSIS AND INTERPRETATION OF DATA
Interpretation refers to task of drawing inferences from the collected facts after an
analytical and/or experimental study. In fact, it is a search for broader meaning of
research finding the task of interpretation has to measure aspects that is (i) the effort to
establish continuity in research though linking the results of a given steady with those of
another and (ii) the establishment of some explanatory concepts.
Interpretation is essential for the simple reason that the usefulness and utility of
research finding lie in proper interpretation. Interpretation leads to the establishment of
explanatory concepts that can serve as a guide for further research studies; it opens new
avenues of intellectual adventure and stimulates the quest for more knowledge.
23
Age Profile
Interpretation – From the above table it is found that majority of respondents (80%)
are under the age group of less than 25 years.
24
Gender
Interpretation – From the above table it is found that majority of respondents (73.33%)
are female.
25
Occupation
Interpretation – It is found from the above table that majority of the respondents (56.66%)
are others (such as student).
26
Income Profile
Interpretation – It is found that majority of the respondents (43.33%) falls under the
income group of below-Rs.10,000 .
27
Size of Family
Interpretation – It is found from the above table that majority of the respondents (66.67%)
belongs to 5-8 family size.
28
How many member eligible to ride two wheeler of Family
Interpretation – It is found from the above table that majority of the respondents (63.33%)
belongs to 3-5 family member are eligible to ride two wheeler bike.
29
Important feature would you look for while purchasing a two wheeler
Interpretation – It is found from the above table that majority of the respondents (83.33%)
are consider cost and mileage.
30
Price Range of two-wheeler Bike
Interpretation – It is found from the above table that majority of the respondents (46.66%)
prefer 30001-40000 price range while purchasing a two wheeler
31
Aware about Electric bike
Interpretation - It is found from the above table that majority of respondents (97%) in
Raipur city are aware of Electric Bikes
32
Sources of Information about electric-bike
Interpretation - From the above table it is found that majority of respondents (40%)
consider TV commercials and Relatives/Friends is a main source of information.
33
Advertising influence your buying Decision
Interpretation - It is found from the above table that majority of respondents (56.66%) are
agree to influenced by the while seeing advertising .
34
Seen the ad of e-bike
Interpretation - From the above table it is found that majority of respondents (80%) in
Raipur city are aware that electric bike by seen the ad of e_bike
35
Basic features of Electric-bike, you are aware of
Interpretation - It is found from the above table that majority of respondents (63.33%) are
aware the low running cost of electric bike.
36
How would you rate of the electric bike in comparison to conventional bike
Interpretation - From the above table it is found that majority of respondents (23.33%)
rate 70 of electric bike in comparison to conventional bike.
37
-.
Factors are responsible for lower market share of E-bike compared to conventional
bike
Appearance
Appearance Respondents Percentage (%)
+5 0 0%
+4 0 0%
+3 7 23.33%
+2 10 33.33%
+1 8 26.67%
-1 3 10%
-2 2 6.67%
-3 0 0%
-4 0 0%
-5 0 0%
Total 30 100%
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Speed
39
Battery Backup
Battery backup Respondents Percentage (%)
+5 0 0%
+4 1 3.33%
+3 4 13.33%
+2 6 20%
+1 9 30%
-1 4 13.33%
-2 2 6.67%
-3 2 6.67%
-4 0 0%
-5 2 6.67%
Total 30 100%
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FACTORS Respo ndents PERCENTAGE%
POSITIVE NEGATIVE +VE -VE
Appearance 25 5 83.33% 16.67%
Speed 24 6 80% 20%
Battery Backup 20 10 66.67% 34.33%
Total 69 21 76.67% 23.33%
Interpretation - According to respondent (34.33%) Battery Backup is one of the factor for
lower market share of E_Bike becouse which is got 10 higest Negative response rather
than others factors.
HYPOTHESIS TESTING
DEFINITION OF HYPOTHESIS
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Hypothesis may be define as a proportion or a set of proportion set forth as an
explanation for the occurrence of some specified group of phenomena either
asserted merely as a provisional conjecture to guide some investigation or
accepted as highly probable in the light of establish facts.
4. It should be stated as far as possible in the most simple terms so that. the
same as easily understandably by all the concerned.
TEST OF HYPOTHESIS
1. Null hypothesis
2. Alternative hypothesis
Level of significance = 5%
TEST ADOPTED:
difference between the means of two samples in case of small sample(s) when
42
population variance is not known (in which case we use variance of the sample as
Test of hypothesis:-
i) Ho : µ = 30 Ha : µ ≠ 30
As the sample size is 30(since n=9) and the population standard deviation is not
known we shall use T-test assuming normal population and shall work out the
statistic T under
Xi -µ
t=
S.D./ √n
s.no. Xi ( Xi – X ) (Xi – X )2
1 25 6.12 37.45
2 14 -4.88 23.81
3 29 10.12 102.41
4 12 -6.88 47.33
5 17 -1.88 3.53
6 24 5.12 26.21
7 19 0.12 0.01
8 7 -11.88 141.13
9 23 4.12 16.97
170 398.85
X = ∑ (Xi )/n
X = 170/9=18.88(Approx)
= √398.85/8
= √49.85
= 7.28
Xi -µ
t =
S.D./ √n
µ = 30
18.88-30
T =
7.28./ √9
= 11.12/2.42
= 4.59.
44
The value of t at 5% level of significance with 8 degree of freedom of two –tailed
test is 2.30
As , the critical value of t is more than the calculated value . Therefore , Null
hypothesis is rejected and alternative hypothesis is accepted .
Null Hypothesis-
Alternative Hypothesis-
LIMITATIONS:
45
Any research or study always has some limitations under which this has to
be undertaken. This one too was not an exception. These limitations are poised by the
environment … some external and some inherent. This study has been conducted with
utmost consideration to the adequacy of data and quality of information, though as
mention earlier the reliance on the sources can not be minimized to zero in context of
precision. The limitation can be enlisted as hereunder:-
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FINDINGS:
Majority of respondents i.e., 96.66% are aware of Electric Bike in Raipur city.
Most of respondents i.e., 56.66% are agree to advertisements influence their buying
decision
Most of the respondents i.e., 83.33% are consider the cost and mileage while
purchasing a new bike ,so there are ample potential to electric bike in two wheeler
sectors.
Battery Backup is one of the factor which is affected the sales of electric bike
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SUGGESTION AND RECOMMENDATION.
On the basis of this study, the following suggestions have been made to make the
help in sales of electric bike more effective: -
There is need to bring more awareness of various others feature of electric bike
brings to a consumer mind by providing them vouchers and literatures in different
regional languages.
There should be free, fair, justified and honest competition amongst the various
electric bike companies.
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CONCLUSION
This research identified and evaluated the consumer perception toward various
factor about electric bike. The results of this research show that there is a
combination of positive and negative effect of that factor on consumer
perception. Here most of the respondents are consider the cost and the
mileage while purchasing a new bike , so there are ample potential to electric
bike in two wheeler sectors. But their battery is one of the factor which is
effected the sales of electric bike because its performance is not good.
49
BIBLIOGRAPHY
Book Reference
1. Kotler philip, “Marketing Management” New Delhi, Prentice hall of India, 2003
Web Reference
1. www.EVfuture.com
2. www.induselectrans.com
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Questionnaire
Dear Sir/madam,
I am a MBA Student of Rungta College of engineering and
Technology. As a part of academic curriculum I am conducting a research on
the topic “A study of various factors which influence the consumer perception
towards electric bike with the Special reference of Raipur region.”
I need your kind help and support to complete this research. The
success of this research will depend on your true and clear response. So kindly
provide me your opinion to fill these questionnaires.
I hereby declare that this information is kept confidential and will not be
misused.
Bhupendra Kumar Verma
MBA-II(sem)
1. Name :- ------------------------------------------------------
2. Age :- -------------------------------------------------------------
3. Gender:-
a) Male b) Female
5. Income per month – Put a tick ( ) mark against the right option.
a) Below 10,000 b) 10,001-20,000
C) 20,001-30,000 d) 30,001 and above
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8. What important Features would you look for while purchasing a
two –wheeler?
a)Appearance and weight b)Speed and handling
c)Cost and mileage d)Others
14. What are the basic features of e-bike, you are aware of:-
a) Low weight b) Low running cost
c) Registration not required d) Others
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16. Which factor do you think responsible for lower market share of
E-bike as compared to conventional bike?
+5 +5 +5
+4 +4 +4
+3 +3 +3
+2 +2 +2
+1 +1 +1
Appearance Speed Battery Backup
-1 -1 -1
-2 -2 -2
-3 -3 -3
-4 -4 -4
-5 -5 -5
17. Please give your valuable suggestion to help increase the sales
of E-bike?
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