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Ibex Shuttle Service: Group Members
Ibex Shuttle Service: Group Members
Ibex Shuttle Service: Group Members
Wasim Naveed
Roshni
Um e Farwa
Uzma
Amna Baig
Problem
Traditional Public Transport:
oThey are very congested.
oNo ventilation and fans in summer.
oNo heating inside during winters.
oCreates air pollution.
oNoise pollution.
oExpensive.
oLess space.
oUncomfortable seats.
oNo external (city) view.
oNot neat and clean (fuel smell).
oNo guarantee of safety of people.
Solution
What we are?
IBEX SHUTTLE!
What we’ll do?
REMOVE HUSTLES!
Solution
These fuel savings become additional disposable income that will be spent mostly in the local
economy, creating additional jobs .
Improves air quality. With no tailpipe, pure electric cars produce no carbon dioxide emissions when driving. This
reduces air pollution considerably.
Electrification of the transport sector can also bring benefits in terms of increased energy efficiency
and reduced local pollution.
Financial Projections
• Per person charges (40/-).
• Total capacity of vehicle=16.
• No of vehicle=2
• Total trips in one day=24.
• Per day revenue= 30,720PKR.
• Monthly revenue= 921,600PKR.
• Yearly revenue= 11,059,200PKR
Costs
One time cost:
Vehicle price= PKR 25Lac.
Passenger stops= PKR 5Lac.
No of vehicle= 2
Total onetime cost=60 lac PKR
Monthly cost:
Driver’s salary= PKR 25000.
Electricity and maintenance cost= PKR 20000.
Yearly expenses = PKR 540,000
Income: Yearly revenue - Yearly expenses = 10 million PKR
SWOT Analysis
• Strengths:
Eco-friendly
Cheaper
Creates job opportunities
Safe and comfortable
Neat and clean service
SWOT Analysis
•Weaknesses:
Speed is slightly lower as compared to other vehicles.
•Opportunities:
Increasing travelling need.
Willingness towards more pleasant rides.
Rising petrol prices.
•Threats:
More personal vehicles.
Government subsidized transportation.
THANK YOU