Business:
• Design and Manufacture of Eco-Friendly vehicles – golf carts, hunting carts, shuttle buses, auto rickshaws and tricycles.
Company Capabilities:
• Wide product range to cover many applications.
• Customization to suit customer specific requirements.
• Export worthy design.
Target Market:India, ASEAN, African Markets
Rural commuting, golf courses, realty services, defense services, tech parks, UNESCO heritage centers, temples, archaeological places, hospitals, zoos, exhibition centers , schools, universities, metros, airports, railway stations, bus stations, shipping ports, air base, navy base, army base, industrial areas, tech parks, sports clubs, fantasy parks, farms, etc.
Market Size and Trends
• Market estimated at 150 crore and expected to grow at 30 crore/year across India
• Demand to increase exponentially in ASEAN, SAARC, AFRICAN regions
Factors Driving the Industry:
• Serious go-green initiatives from govt
• Indian National Electric Mobility Mission Plan 2020(NEMMP) = 6-7 Million electric vehicles on road
• MNRE notifications to use green vehicles in all government campuses
• Alternate energy demand from private and public institutions
• Increasing fuel costs
• Lack of low cost transportation in rural India
• Increased focus on tourism developments
• Electric vehicles used as advertising medium in high density commuting areas (e.g. railway stations, airports & malls)
Competitive Advantages:
• We offer customization and quick service for our customers
• Price flexibility
• Wide product range
• Both AC & DC systems
Progress:
• Have sold more than 50+ vehicles in last 24 months
• Defense Department of GOI being one of our major customers
• Supplied Customized Vehicles to Kidzania, appeared in Forbes Magazine dated 11/08/2013
• Have an order pipeline of 1 crore
Future:
• More than 1 Million BOV’s required by 2020 (NEMMP2020 report)
• We plan to design and manufacture other on-road and off-road utility BOV’s
Products
• Shuttle Bus
• Golf Carts
• Auto Rickshaws
• Tricycles
What do we do?
• Provide alternate eco-friendly mode of transportation of Men and Material.
• Reduce the dependency on fuel.
• Reduce the overall cost of transportation.
Uniqueness
• Prevalence is the only company manufacturing Shuttle Buses of 72V system in India.
• Unique in aesthetics and safety.
• Built to suit Indian harsh Environment and driving conditions.
• Competitive Advantage
• Prevalence offers Customization to suit customer specific requirements and offer quick services for our customers.
• Price flexibility.
• Wide product range to cover many applications.
• Both AC and DC systems on offering.
• Export worthy design.
Commercialization Status
• Have sold more than 50+ vehicles in last 12 months.
• Defense Department of GOI being one of our major customers.
• Supplied Customized Vehicles to Kidzania, appeared in Forbes Magazine dated 11/08/2013.