Above Rs.10 Crore
Investment Range
2000-4000 Sq.ft
Area Required
100+
Franchise Outlets
1950
Establishment Year

Mercedes EV Products and Services


Mercedes-Benz India expects EVs to contribute to 25 per cent to its car sales in three years

Mercedes-Benz is expecting electric vehicles (EVs) to account for 25% of the luxury car maker's total car sales in India within three years, up from the current level of 3% to 4%. The company's CEO Santosh Iyer said Mercedes was planning to launch between three and four EV models in India in the next 12 to 18 months. Iyer said the automaker's Indian customers were well placed to adopt EVs since so many already have charging facilities at home or work.

 

For India as well we feel that there would be a rapid adoption as and when new cars launch, and at this stage we are looking at three to four new EVs in the next 12 to 18 months time. So, slowly but surely we should increase penetration. And in the next three years we feel that 25 per cent of our sales would be EVs in India as well,"

Mercedes EV Cost and Investment


Commenced Operations

Operations commenced on
1950
Franchise commenced on
2020

Franchise Details

UNITS

Investment
Above Rs.10 Crore
Franchise/Brand fee
Rs.20 Lakhs
Royalty/Commission
10%

Details

Exclusive territorial rights to a unit franchisee
Yes
Anticipated percentage returns on investment
18%
Likely payback period
24 - 36 Months
Other investment requirements
Rs.10 Crore to 15 Crore

Mercedes EV Expansion Plans


NORTH

Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttar Pradesh, Uttarakhand,

SOUTH

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana,

EAST

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Sikkim, Tripura, West Bengal,

WEST

Goa, Gujarat, Maharashtra, Rajasthan,

CENTRAL

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh,

UNION TERRITORIES

Andaman & Nicobar, Chandigarh, Daman & Diu, Lakshadweep, Pondicherry,

Mercedes EV Property Requirements


Type of property required for this franchise
Commercial
Floor area requirement
2000-4000 Sq.ft
Preferred location of unit
Commercial

Mercedes EV Training


Training location
Bangalore
Expert guidance from head office
Yes
Field assistance
Yes
Current IT systems included
Yes

Mercedes EV Agreement Details


Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
Lifetime
Is the term renewable?
Yes

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About Franchise Times

Who We Are?

Franchise Times was promoted by professionals with over 25 years of hands on experience in Franchising. The foundations of Franchise Times were laid to assist entrepreneurs from start-ups, SMEs NGOs and corporates to develop sustainable franchise networks. Our multi-disciplinary and tested approach ensures that the appropriate talent and experience are applied at every stage of our work to ensure our clients' business needs are served professionally and in a cost effective manner.

At Franchise Times our success is measured by the growth of our clients' businesses. Within a decade of operation we have created over Rs. 5 million worth of enterprise value for our clients. We've advised over 200 networks and established multiple franchised network locations in India and abroad. We know exactly what it takes to grow a business - many of our clients have come to us with a single location and we've assisted their expansion to India and abroad.

Franchising is a wonderful way to go into business for yourself, but not by yourself. Franchising is an example of teamwork at its best, bringing together talents of a dedicated professionals and management team with hard work, zeal and entrepreneurial spirt of franchisees at the local level to serve our customers.

What We Do?

Franchise Times can help you expand your network in existing and new markets (globally), acquire new clients and increase your revenue, all at a substantially reduced costs.

At Franchise Times we follow an innovative approach that offers customized solutions to meet your specific needs in franchising. Staffed with professionals in sales, marketing, logistics and legal who are well empowered and phone-productive, we bring transformational rewards to your business.

Our offering include

  • Franchise Opportunities
  • Buisness Consulting
  • Digital Consulting
  • Awards and Events