Final Project Ideas
Final Project Ideas
Final Project Ideas
INTRODUCTION
MARKETING
Hero electric currently has a 400,000 plus customer base in India and operates
700 plus dealerships in the country. Hero electric enjoys a Shopping 36% market
share in the Indian two-wheeler EV market.
Hero electric is a SA 8000 certified organization that is environmentally
conscious,socially responsible and professionally ethical in its business operations.
In the year 1956, the foundation of brand HERO was laid by Late Mr. Dayan
and Munjal with a vision of providing mobility to millions in India. In the following
years, the brand expanded itself enormously in varied fields like Bicycles,
Motorcycles, Healthcare, among others and became the most renowned & trusted
name in India and others parts of the world.
After the family businesses were realigned, Kross Bikes, Hero Exports, and
Mediva came under the umbrella of Hero EcoTech, the business congregates headed
by Mr. Vijay Munjal.
Hero electric is India’s first and largest manufacturer of hero electric 2-
wheelers with hundreds of thousands happy customers and growing.
Hero electric Vehicles Private Limited is an unlisted private company
incorporated on 31 July, 2010. It is classified as a private limited company and is
located in New Delhi, Delhi. Its authorized share capital is INR 52.57 cry and the total
paid-up capital is INR 48.42 cr.
Hero electric Vehicles’ operating revenues range is INR 100 cry - 500 cry for
the financial year ending on 31 March, 2021. It's EBITDA has decreased by -68.74 %
over the previous year. At the same time, its book net worth has decreased by -68.58
%. Other performance and liquidity ratios are available here.
1
We are quality seekers and a quality conscious entity. Every product
manufactured by us is closely inspected, rigorously tested by quality engineers and
put through 46 stringent quality checks before it reaches our customers.
Description:
The company manufactures and markets hero electric scooters and bicycles
and also engages in export of auto parts
Manufacturer:
The current status of Hero electric Vehicles Private Limited is - Active.
The last reported AGM (Annual General Meeting) of Hero electric Vehicles
Private Limited, per our records, was held on 30 November, 2021. Also, as per our
records, its last balance sheet was prepared for the period ending on 31 March, 2021.
Hero electric Vehicles Private Limited has seven directors - Vijay Munjal,
Gaurav Munjal, and others. The Corporate Identification Number (CIN) of Hero
electric Vehicles Private Limited is U34200DL2010PTC206520. The registered office
of Hero electric Vehicles Private Limited is at 50, Okhla Industrial Estate, Phase III,
New Delhi, and Delhi.
CUSTOMER SATISFACTION
Customer satisfaction suffices the customer. Customer visualizes, perceives
and will have some expectations before making any purchase. If the product meets
customer’s expectations then he is satisfied. Customer will be satisfied when the
product meets the basic needs set and therefore utility of a product is nothing but
consumer’s estimation of products over all capacity to satisfy his needs. Customer
satisfaction is a function of perceived performances and expectations.
2
Dissonance – reducing buying behavior
The customer might experience post purchase dissonance by noticing
disquieting features of product or by hearing favorable things about other product. If
performance of product does not satisfy perceived expectations, the customer is
dissatisfied, where he develops dissonance.
3
Consumer Motives
Consumer has a motive for purchasing a particular product. Motive is a strong
feeling, urge, instinct, desire or emotion that makes the buyer to make a decision to
buy. Buying motives thus are defined as ‘those influences or considerations which
provide the impulse to buy, induce action or determine choice in the purchase of
goods or service. These motives are generally controlled by economic, social,
psychological influences etc.
4
SCOPE OF THE STUDY
The study aims at finding the customer satisfaction towards e-bikes with
respect to Erode city. The study also aims to find out the customer’s perception
towards hero electric scooter. The study by ascertaining the factors that motivate end
users to purchase hero electric scooter is expected to enable respective companies to
improve their services, sales promotions etc. The study also aims at analyzing the
level of customer satisfaction with respect to the e-bikes and their dealers. Customer’s
expectations are also gauged to help the companies regarding after sales service.
RESEARCH DESIGN:-
The research was of descriptive design aim to procure a clear, complete and
accurate description of the situation.
SAMPLING TECHNIQUES:-
We have adopted non probability sampling technique. In this we have selected
convenience sampling method to collect the primary data. In this method the
respondents are chosen in accordance with the investigators convenience .The total
sample size is 120.
The survey was conducted in Erode district.
5
METHODS OF DATA COLLECTION:-INTERVIEW SCHEDULE DESIGN:-
A good care was taken by the researcher to design the schedule. All the
objectives were taken in to consideration while designing the handout. More of the
closed and few ended questions were asked for the survey.
SOURCE OF DATA
Data in the study are of two types
a. Primary data
b. Secondary data
1. Primary Data:-
Primary data were collected through survey from the consumers using the
questionnaire. Questionnaire helps to understand the performance of the consumers.
Only limited number of data iscollected from the consumers through primary data.
2. Secondary Data:-
Secondary data needed for conducting this research work were collected from
brochures of thecompany and, books and various journals.
STATISTICAL TOOLS:-
The data collected from the consumers during survey are analyzed using
various tools. The tools applied for this study is
Percentage method
6
PERCENTAGE METHOD:-
The percentage method was extensively used for finding various details. It is used for
making comparison between two or more series of date.
No. of respondents
Percentage Respondents = X 100
Total no. of respondents
7
CHAPTER SCHEME
CHAPTER: 1 INTRODUCTION AND DESIGN OF THE STUDY
The chapter deals with Introduction of the study, Statement of the Problem,
Scope of the study, Objective of the study, Research methodology and Limitation of
the Study.
8
CHAPTER II
REVIEW OF LITERATURE
(Janardan Prasad Kesari, 2019) In his article Developing an aggressive plan for
EV adoption in India and assuring a well-executed implementation is a difficult task
for the government, but it is critical. India’s geography and diversity will bring
challenges that would necessitate smart answers. With the acquisition of four-wheeled
cars for government offices, three-wheeled vehicles, and buses for public
transportation, public procurement is likely to be a major driver of EV growth. The
initial expansion of two- and four-wheeled electric cars is likely to be boosted by
investments from fleet operators such as Ola and Uber, as well as operators of food
distribution services. However, it may take 5-6 years for private EVs to attain
popularity and acceptance
(Akhtar R. & Duasa, J. B. (2015) In his article the major goal of this study is to see
how ECNs and ICNs measure attitudes and how they connect to environmentally
responsible EV PIN. ICNs were found to be negatively associated to green PIN in this
investigation. This suggests that, given their preferences, knowledge of alternatives,
and financial constraints, people are more likely to choose solutions that maximise
utility . When they make the decision to purchase a vehicle, they examine the
vehicle’s fuel efficiency, fuel consumption, and comfort within their limited budget.
They may think about the convenience of recycling or charging batteries for the EV.
As a result, when car makers construct their electric vehicles, they should take this
conclusion into account.
9
Vijaygopal R. (2018) In his article research based on the posited influences of a
specific stereotype of EV owners possibly held by people without experience with
EVs, and the latter’s self-image congruence regarding EV ownership, this research
developed an integrated model of potential determinants of consumer attitude toward
electric vehicles. Both product user SIC and stereotype negativity were proposed as
determinants of both product user SIC and stereotype negativity, as well as exerting
direct impacts on consumer attitude. The association between attitude and willingness
to purchase, as well as interrelationships among the variables, were investigated.
Before and after study participants played a game in which they took the position of
an electric vehicle driver, the model was estimated.
Ardeshiri.A ,& Rashidi, T (2019) In his article the degree to which a new
technology is seen to be superior to an existing technology that is being replaced has a
big impact on people’s decisions about when, how, and how much to adopt it. Studies
on consumer preferences towards EV can be divided into economic and psychological
studies. Discrete choice modeling is the most commonly used methodology in
economic studies which is supported by the theory of utility maximization. The
history of using electric motors for propulsion in electric vehicles (EVs) started with
the history of batteries in early 18th century.
10
[Tamil Arasan, and G Sivakumar 2022] In his article the replacement of internal
combustion engines (ICE) with electric engines will significantly reduce pollution
while also providing a financial benefit to consumers. Many countries have adopted
this technology and are benefiting the environment as a result. The study observed the
advantages and disadvantages of EV implementation in India. Government initiatives,
batteries, industries, and the environment have all been taken into account. Cost of
electric vehicles, efficiency of electric vehicles in India, and demand for electric
vehicles were all taken into account. In India, the usage of electric vehicles is largely
intended to reduce greenhouse gas emissions and oil costs. The government should 13
make the most of the opportunities offered and identify appropriate solutions to the
issues.
(Pritam K. Gujarathi, 2018) In his article The Indian scenario is unique in that the
present market share of electric and plug-in hybrid vehicles is under 0.1 percent.
Almost all cars today rely on fossil fuels for propulsion. These damage the
atmosphere and contribute to global warming by emitting greenhouse gases. The
disparity between petroleum production and demand in the United States is
increasing. India imports almost 70% of the oil it needs each year. As a result, there is
a pressing need to look at the elements and obstacles that could lead to more
sustainable and cleaner alternatives.
(Hoyer,2008) In his article Electric car technology has been around for over a
century. Electric driving, on the other hand, has been put on hold due to the
availability and convenience of use of combustion engines. Various (pushing and
pulling) elements are currently rekindling interest in electric automobiles. On the one
hand, a limited supply of oil and growing awareness of the environmental impact of
traditional combustion engine vehicles push people toward cleaner electric vehicles.
In terms of pulling power, recent advancements in battery technology and electric
motors have made the electric vehicle a viable competitor to traditional automobiles
11
(Bodin, 2015) In his article advances in consumer electric vehicle adoption: by
Rezvani, Jansson, and Bodin, 2015 They provide an overview of EV adoption
research, but they only focus on individual specific psychological aspects that
influence people’s desire to embrace electric vehicles, and they only choose a few
typical studies. Our review adds to it in two ways: first, we look at a broader variety
of factors that influence electric car adoption than just psychological dimensions; and
second, we compile all accessible academic Electric vehicle preference studies to give
a comprehensive picture of current research.
(Ramesh kuamar 2020) In his article the early market for electric vehicles is still
growing, but a number of obstacles are preventing mainstream adoption. These
challenges include the new technology’s higher cost, its greater inconveniency in
terms of range and charge periods, and customer awareness of the technology’s
availability and feasibility. This final criterion, often known as “customer awareness,”
is critical.
12
CHAPTER – III
COMPANY RPOFILE
COMPANY PROFILE:
Hero Electric is a pioneer and market leader in the Indian Hero electric Two-
Wheeler industry. We have been the front runner for Hero electric Mobility in India
for over a decade. We believe in offering an ecological 2-wheeler solution to our
consumers, which above all else, gives our customers excellent value for money. Hero
electric ’s Endeavour to make the country greener with ‘Zero Pollution’ transportation
through its wide range of Hero electric Vehicles, is supported by our Mission of “No
Emission”.
INTRODUCTION
The feeling of freedom and being one with the Nature comes only from riding
a two- wheeler. Indians prefer the two wheelers because of their small manageable
size, low pricing and maintenance, and availability of loans on liberal terms. Indian
streets are full of people of all age group riding two-wheelers. The populace sees
motorized two wheelers as a symbol of status. Majority of Indians, especially the
youngsters prefer motorbikes rather than cars. Capturing a large share in the two-
wheeler industry, bikes and scooters cover a major segment. Bikes are considered to
be the favorite among youth, as they help in easy commutation. Large variety of two
wheelers is available in the market, known for their latest technology and enhanced
mileage. Indian bikes, scooters and mopeds represent style and class for both men and
women in India.
India is the second largest producer and manufacturer of two-wheelers in the
world. It stands next to Japan and China in terms of the number of two-wheelers
produced and domestic sales. Indian two-wheeler industry has got spectacular growth
in the last few years. The face of auto industry that was redefined with the invention
of fuel-efficient technology is all set to see dawn of anew era in two-wheeler industry.
It's not petrol or diesel or any other fuel, but it is hero electricity.
13
That has initiated a revolution in two-wheeler industry in India. Indian two-
wheeler industry has embraced the new concept of Hero electric scooter and Scooters
that are very popular mode of personal transport in the developed countries like
America, Japan and China. With the rising cost of fuel at International level,
increasing levels of pollution and congestion in transport system especially in urban
areas, higher running and maintenance cost of vehicle, the hero electric ally charged
bikes or scooters have very bright future in area of personal transportation.
During the last few decades, environmental impact of the petroleum-based
transportation infrastructure, along with the peak oil prices, has led to renewed
interest in hero electric transportation infrastructure. Hero electric vehicles differ from
fossil fuel-powered vehicles in that the hero electric ity they consume can be
generated from a wide range of sources, including fossil fuels, nuclear power, and
renewable sources such as tidal power, solar power, and wind power or any
combination of those. Global warming is becoming the major concern all around the
world.
There are several policies, promise and pledges with the ever-increasing
emission of greenhouse gases. There is an increased fear of environment pollution at
every step with modern technology and innovation. Transportation and
communication have under gone paradigm shift along with this. We are also
experiencing the negative effects of industrialization in the form of global warming.
Under these circumstances there are so many vehicles emitting impure carbon
particles and carbon-dioxide pollution into the air.
With increased number of fossil fuel dependent vehicles, there is a greater
level depletion of fuel resource. It is here that automobile company’s felt need to
innovate motor pad vehicle that will get charged through hero electricity and will not
be depending on fossil fuels. So many automobile manufacturing companies invested
in research and development to bring forth Hero electric scooterthat will help people
to save the fuel.
14
CHAPTER IV
DATA ANALYSIS AND INTERPRETATION
15
TABLE: 4.1
AGE OF THE RESPONDENT
TOTAL 80 100
Source: Primary Data
INTERPERTATION:
The above table shows that 22.5 % of the respondents are belongs to below 20
years and 37.5% of the respondents belongs to 21 to 30 years and 12.5% of the
respondents belongs to between31 - 40 years and 26.25 % of the respondent belong
to above 40 years.
16
CHART: 4.1
AGE OF THE RESPONDENT
37.5
40
35 27.5
30 22.5
25
PERCENTAGE
20 12.5
15
10
0
Below 20 years Between 21-30 Between 31-40 Above 40 years
years years
AGE
17
TABLE: 4.2
GENDER
MALE 26 32.5
FEMALE 54 67.5
TOTAL 80 100
Source: primary data
INTERPERTATION:
The above table shows that 32.5% of the respondents are belong to male and
67.5% of therespondents belong to female.
18
CHART: 4.2
GENDER
80
67.5
70
60
50
PERCENTAGE
40
32.5
30
20
10
0
MALE FEMALE
GENDER
19
TABLE: 4.3
EDUCATIONAL QUALIFICATION
No Education 16 20
UG 32 40
PG 10 12.5
TOTAL 80 100
Source: Primary Data
INTERPERTATION:
The above table shows that 20 % of the respondents are belong to no education
and 40 % of therespondents belong to UG and 12.5% of the respondents belong to PG
and 27. % of the respondent belongs to school level.
20
CHART: 4.3
EDUCATIONAL QUALIFICATION
PG 13
EDUCATIONAL QUALIFICATION
UG 40
School Level 27
No Education 20
0 5 10 15 20 25 30 35 40 45
PERCENTAGE
21
TABLE: 4. 4
MARITAL STATUS
Married 56 70
Unmarried 24 30
TOTAL 80 100
Source: Primary Data
INTERPERTATION:
The above table shows that 70 % of the respondents are belong to married and
30% of therespondents belong to unmarried.
22
CHART: 4.4
MARITAL STATUS
80
70
70
60
50
40
30
30
PERCENTAGE
20
10
0
Married Unmarried
MARITAL STATUS
23
TABLE: 4.5
AREA
Rural 38 47.5
Urban 42 52.5
TOTAL 80 100
Source: Primary Data
INTERPERTATION:
The above table shows that 47.5% of the respondents are belong to rural and
52.5 % of therespondents belong to urban.
24
CHART: 4.5
AREA
53
52
51
50
49
48
PERCENTAGE
52.5
47
47.5
46
45
Rural Urban
AREA
25
TABLE: 4.6
OCCUPATION
NO OF
OCCUPATION PERCENTAGE
RESPONDENT
Professional 10 12.5
Business 6 7.5
Employee 16 20
Others 10 12.5
TOTAL 80 100
Source: Primary Data
INTERPERTATION:
The above table shows that 20 % of the respondents are belongs to employees
and 1.5% of the respondents belongs to professionals and 12.5% of the respondents
belongs to others and 47.5% of the respondent belong to homemakers 7.5% of the
respondents belongs to business.
26
CHART: 4.6
OCCUPATION
50 47.5
45
40
35
30
25
20
20
15 12.5 12.5
PERCENTAGE
10 7.5
0
Professional Business Employee Home maker Others
OCCUPATION
27
TABLE: 4.7
MONTHLY INCOME
10000-20000 23 28.75
20000-40000 35 43.75
40000-50000 16 20
TOTAL 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 28.75% of the respondents are earning 10000-
20000, 43.75% of the respondents earning 20000-40000, 20% of the respondents
earning 40000-50000, 7.7% of the respondent are earning above 50000.
28
CHART: 4.7
MONTHLY INCOME
50
45 43.75
40
35
30 28.75
25
20 20
PERCENTAGE
15
10
7.5
5
0
MONTHLY INCOME
29
TABLE: 4.8
AWARENESS ABOUT HERO ELECTRIC SCOOTER
Advertisement 19 23.75
Friends 21 26.25
Others 11 13.75
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 36.25 % of the respondents are aware by
newspaper, 23.75% of the respondents are aware by advertisement, 26.25% of the
respondents are aware by friends, 13.75% of the respondents are aware others,
30
CHART: 4.8
AWARENESS ABOUT HERO ELECTRIC SCOOTER
40 36.25
35
30 26.25
23.75
25
20
13.75
PERCENTAGE
15
10
0
News Advertisement Friends Others
paper/magazines
31
TABLE: 4.9
TEST DRIVE THE HERO ELECTRIC SCOOTER
Yes 56 70
No 24 30
Total 80 100
Source: Primary Data
INTERPRETATION
The above table reveals that 70% of respondents have test drive their hero
electric scooter,30% of respondents did not test drive their hero electric scooter.
It is found that majority of (70%) the respondents are test driven the hero
electric scooter.
32
CHART: 4.9
TEST DRIVE THE HERO ELECTRIC SCOOTER
30
No
TEST DRIVE
70
Yes
0 10 20 30 40 50 60 70
PERCENTAGE
33
TABLE: 4.10
FEEL TO TEST DRIVE
Good 21 26.25
Neutral 13 16.25
Poor 19 23.75
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 33.75 % of the respondents are feels Very good,
26.25% of the respondents feels good, 16.25% of the respondents feels neutral,
23.75% of therespondents feels Poor,
34
CHART: 4.10
FEEL TO TEST DRIVE
33.75
35
30
26.25
23.75
25
20
16.25
15
PERCENTAGE
10
0
Very good Good Neutral Poor
FEEL OF TEST DRIVE
35
TABLE: 4.11
SOURCE OF FINANCE
Own Fund 24 30
EMI 27 33.75
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 30 % of the respondents are purchased by own
fund, 36.25% of the respondents are purchased by bank loan, and 33.75% of the
respondents are purchased by EMI,
36
CHART: 4.11
SOURCE OF FINANCE
40 36.25
33.75
35
30
30
25
20
PERCENTAGE
15
10
0
Own Fund Bank loan EMI
SOURCE OF FINANCE
37
TABLE: 4.12
REASONS FOR PREFERRING A HERO ELECTRIC SCOOTER
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 36.25% of the respondents says better customer
service, 13.75% of the respondents says promotional offers, 26.25% of the
respondents says credit facility and 24.75% of the respondents says after sales service,
38
CHART: 4.12
REASONS FOR PREFERRING A HERO ELECTRIC SCOOTER
36.25
Better customer service
0 5 10 15 20 25 30 35 40
PERCENTAGE
39
TABLE: 4.13
YOUR OPINION ABOUT THE PRICE OF THE HERO ELECTRIC
SCOOTER
Very Cheaper 28 35
Cheaper 26 32.5
Costly 18 22.5
Very Costly 8 10
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 35 % of the respondents says very cheaper, 32.5%
of the respondents says cheaper, 22.5% of the respondents says costly, 10% of the
respondents says very costly.
40
CHART: 4.13
YOUR OPINION ABOUT THE PRICE OF THE HERO ELECTRIC
SCOOTER
40
35
35
32.5
30
25
22.5
20
15
PERCENTAGE
10
10
0
Very Cheaper Cheaper Costly Very Costly
PRICE OF ESCOOTER
41
TABLE: 4.14
APPROXIMATELY HOW MUCH YOU CAN DRIVE A DAY IF YOU FULLY
CHARGEDTHE BATTERY
10-20km 21 26.25
20-40km 13 16.25
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 33.75% of the respondents are drive less than
10km, 26.25% of the respondents drive 10-20km, 16.25% of the respondents drive
20-40km, 23.75% of the respondents drive above 40km,
It is found that majority of (33.75%) the respondents are drive less than 10km.
42
CHART: 4.14
APPROXIMATELY HOW MUCH YOU CAN DRIVE A DAY IF YOU FULLY
CHARGEDTHE BATTERY
40
33.75
35
30 26.25
23.75
25
20 16.25
15
PERCENTAGE
10
0
Less than 10km 10-20km 20-40km Above 40km
CAPACITY OF BATTERY
43
TABLE: 4.15
MILAGE DOES YOUR HERO ELECTRIC SCOOTER OFFERS
30-40km 18 22.5
40-50km 16 20
above 50km 16 20
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 37.5 % of the respondents says less than 30km,
22.5% of the respondents says 30-40km, 20% of the respondents says 40-50km, 20%
of the respondents says above 50km.
It is found that majority of (37.5%) the respondents say less than 30km.
44
CHART: 4.15
MILAGE DOES YOUR HERO ELECTRIC SCOOTER OFFERS
40 37.5
35
30
25 22.5
20 20
20
PERCENTAGE
15
10
0
Less than 30km 30-40km 40-50km above 50km
MILEAGE OF E SCOOTER
45
TABLE: 4.16
HERO ELECTRIC SCOOTER BATTERY LIFE
3 years above 16 20
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 37.5% of the respondents are using less than 1
year, 42.5% of therespondents are using 1-3years, 20% of the respondents are using
above 3 years.
46
CHART: 4.16
HERO ELECTRIC SCOOTER BATTERY LIFE
45 42.5
40 37.5
35
30
25
20
PERCENTAGE
20
15
10
0
Less than 1 year 1-3 years 3 years above
BATTERY LIFE
47
TABLE: 4.17
OPINION ABOUT E VECHICLES
HIGHLY NO OF
FACTORS SATISFIED MODERATE DISSATISFIED
SATISFIED RESPONDENTS
Reduce global
31 33 12 4 80
warming
Better mileage 28 44 6 2 80
Reduce
maintenance 8 48 20 4 80
cost
48
CHART: 4.17
OPINION ABOUT E VECHICLES
80
70
60
50
NO OF RESPONDENTS
40
Reduce global warming
30
Saving fuel cost
20
Better mileage
10 Reduce maintenance cost
SATISFACTION LEVEL
49
TABLE: 4.18
YOUR OPINION TOWARDS SPEED OF HERO ELECTRIC SCOOTER
COMPARINGTO CONVENTIONAL SCOOTER
Satisfied 18 22.5
Neutral 16 20
Dissatisfied 16 20
Highly Dissatisfied 8 10
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 27.5% of the respondents are highly satisfied,
22.5% of the respondents are satisfied, 20% of the respondents are neutral, 20% of the
respondents are dissatisfied and 10% of the respondents are highly dissatisfied.
50
CHART: 4.18
YOUR OPINION TOWARDS SPEED OF HERO ELECTRIC SCOOTER
COMPARINGTO CONVENTIONAL SCOOTER
Highly Dissatisfied 10
Dissatisfied 20
SPEND ON HERO E SCOTER
Neutral 20
Satisfied 22.5
0 5 10 15 20 25 30
PERCETAGE
51
TABLE: 4.19
FACE ANY DIFFICULTIES WHILE DRIVING HERO ELECTRIC
SCOOTER
Yes 54 67.5
No 26 32.5
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 67.5 % of the respondents says they are facing
difficulties while driving, 32.55% of the respondents says they do not facing
difficulties while driving.
It is found that majority of (67.5%) the respondents says they are facing
difficulties whiledriving.
52
CHART: 4.19
FACE ANY DIFFICULTIES WHILE DRIVING HERO ELECTRIC
SCOOTER
80
70
60
50 67.5
40
30
20
PERCENTAGE
32.5
10
0
Yes No
DIFFICULTIES IN BUYINNG E SCOOOTER
53
TABLE: 4.20
WOULD YOU LIKE TO SUGGEST HERO ELECTICSCOOTER TO YOUR
FRIENDS
Yes 60 75
No 20 25
Total 80 100
Source: Primary Data
INTERPRETATION
The above table shows that 75% of the respondents are like to suggest to
others, 25% of therespondents are does not like to suggest others.
It is found that majority of (75%) the respondents are like to suggest to others.
54
CHART: 4.20
WOULD YOU LIKE TO SUGGEST ELECTICSCOOTER TO YOUR
FRIENDS
70
60 62
50
40
38
30
PERCENTAGE
20
10
0
Yes No
SUGGEST E SCOOTER TO OTHERS
55
CHAPTER V
FINDINGS, SUGGESTIONS AND CONCLUSION
5.1 FINDINGS
Hence majority of (37.5%) of the respondent are in the age group of 21 to 30
years.
Hence majority of (67.5%) of the respondent are belongs to female.
Hence majority of (40%) of the respondent are belongs to UG.
Hence majority of (70%) of the respondent are belongs to Married.
Hence majority of (52.5%) of the respondent are belongs to Urban.
Hence majority of (47.5%) of the respondent are Homemakers.
Hence majority of (43.75%) of the respondent are Getting 20000-40000.
It is found that majority of (36.25%) the respondents are aware by newspapers
/ magazines.
It is found that majority of (33.75%) the respondents are test driven the hero
electric scooter.
It is found that majority of (36.25%) the respondents are purchased by bank
loan.
It is found that majority of (36.25%) the respondents says better customer
service.
It is found that majority of (35%) the respondents say very cheaper.
It is found that majority of (33.75%) the respondents are drive less than 10km.
It is found that majority of (37.5) the respondents say less than 30km.
It is found that majority of (42.5%) the respondents are using 1-3years.
It is found that majority of (27.%) the respondents are highly satisfied.
It is found that majority of (67.5%) the respondents says they are facing
difficulties whiledriving.
It is found that majority of (75%) the respondents are like to suggest to others.
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5.2 SUGGESTION
More advertisement is needed for the vehicle as many people are not
aware of hero electricbike.
E-bikes are used only for short distance because of low battery
capacity, so manufacturersshould concentrate on research and development
to increase the capacity of e-bike.
Another major problem in hero electric scooter is the need for frequent
charging of thebatteries, to overcome this problem charging centers should
be opened at various places.
5.3 CONCLUSION
The concept of hero electric scooter has entered into Erode in the past 4-5
years and the same is gaining momentum, as there are around 10 dealers currently for
hero electric scooter in the city. As an eco-friendly product it is more suitable for
city as it can reduce the emission of harmful gases and thereby it can reduce the
atmospheric pollution. Due to frequent increase in the fuel prices, the hero electric
ally charged vehicles seem to be the cheapest one compared to the traditional vehicles.
E- Bikes are more suitable for rural areas where the numbers of petrol bunks are not
adequate, so that the rural people can charge the vehicle with the help of hero
electricity.
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BIBLOGRAPHY
BOOK REFERENCE
James, Swain, J. Swiderski, John Hicks, Denis Teoman, and Ralph Buehler.
"Pedestrians and E-Scooters:
An Initial Look at E-Scooter Parking and Perceptions by Riders and Non-
Riders."
Blomberg, Stig Nikolaj Fasmer, Oscar Carl Moeller Rosenkrantz, Freddy
Lippert, and Helle CollatzChristensen.
Rahman, Rafa, Brett A. Shannon, and James R. Ficke. "Knee Scooter–Related
Injuries: A Survey ofFoot and Ankle Orthopedic Surgeons
Malla, Riya. "Factors Affecting Brand Preference of Scooters among Women
Consumers in Kathmandu Valley." Gebhardt, Laura, Christian Wolf, and
Robert Seiffert.
WEBSITE
http://dx.doi.org/10.3390/su11205591
http://dx.doi.org/10.3126/jbssr.v1i2.20924.
http://dx.doi.org/10.1177/2473011420914561
http://dx.doi.org/10.1136/bmjopen-2019-033988.
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A STUDY ON CUSTOMER SATISFACTION TOWARDS HERO ELECTRIC
SCOOTER IN ERODE TOWN
ANNEXURE
QUESTIONNAIRE
Name :
1. Age
a) 18-25 b) 26-36 c) 36-45
d) above 45
2. Gender
a) Male b) Female
3. Marital status
a) Single b) Married
4. Monthly Income
a) 10000-20000 b)20000-40000 c)40000-50000
d) above 50000
5. Education qualification
a) SSLC b)HSC c)Graduate
d) Postgraduate e)other
6. Locality
a) Rural b) Semi-urban c) Urban
7. Occupation
a) Student b)Businessman c)Government Service
d) PrivateService
8. How did you come to know about hero electric scooter?
a) Newspaper /magazines b) advertisement c) friends
d) others
9. Did you have test drive the hero electric scooter?
a) Yes b) No
10. If yes, how do you feel to drive?
a) Very good b) Good c) Normal d)Poor
11. What is your source of finance?
a) Own Fund b) bank loan c) EMI
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12. Reasons for preferring a hero electric scooter?
a) Better customer service b) Promotional offers c) Credit Facility
d) After sales service
13. What is your opinion about the price of the hero electric s cotter?
a) Cheaper b) Reasonable c) Costly
d) very costly
14. Approximately how much you can drive a day if you fully charged the battery?
a) Less than 10km b) 10-20km c) 20-40km
d) above 40km
15. How much mileage does your hero electric scooter offers?
a) Less than 30km b) 30-40km c)40-50km
d) above 50km
16. How many years did your hero electric scooter battery life?
a) Less than 1 year b) 1-3 years c) 3 years above.
17. What is your opinion about Hero electric vehicles?
Strongly Strongly
Particulars Agree Neutral Disagree
Agree Disagree
Reduceglobal
Warming
Saving Fuel Cost
Better Mileage
Reduce
Maintenance Cost
18. What is your opinion towards speed of hero electric scooter comparing
to conventionalscooter?
a) Highly satisfied b) satisfied c) neutral
d) dissatisfied e) highly dissatisfied
19. Have you face any difficulties while driving hero electric scooter?
a) Yes b) no
20. Would you like to suggest hero electric scooter to your friends?
a) Yes b) no
21. Any Suggestions about hero electric scooter?
…………………………………………………………………………………
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