Is Car Subscription the Future of Personal Transportation | Latest Electric Cars - PowerPoint PPT Presentation

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Is Car Subscription the Future of Personal Transportation | Latest Electric Cars

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The MG ZS EV is an all- latest electric cars based on the popular MG ZS that is sold abroad. We, however, will get the EV variant only. – PowerPoint PPT presentation

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Title: Is Car Subscription the Future of Personal Transportation | Latest Electric Cars


1
Is Car Subscription the Future of Personal
Transportation?
2
Latest electric cars in India
  • The ecosystem of car buying is witnessing a big
    change in India. Today, owning a car is more than
    just a buyout for many young Indians. The
    ownership experience is what the urban buyer
    yearns for now. And, thus, the introduction of
    radical alternatives of car ownership in tandem
    with the conventional modes of owning a car is
    imperative now, more than ever before.
  • The Evolving Dynamics of Car Buying In India
  • Adapting to the Change

3
The Evolving Dynamics of Car Buying In India
  • Over the past few years, theres been a paradigm
    shift from personally-owned modes of
    transportation to innovative mobility solutions
    that are consumed as a service, on a need basis.
    Millennial India is witnessing the
    transportation-as-a-service trend, which has
    started to play out well in the country.
  • Considering the acceptance people have shown
    towards the changing trends in the mobility
    sector, its clear that the idea of car ownership
    is evolving and so are the buyers expectations.
    They are eager to explore the advantages of newer
    means of owning a car like subscription, which
    offers instant access over long-term ownership.
    Subscription as a mobility solution promises
    instant gratification by providing easy access to
    cars, making the entire car-buying journey a
    breeze for the buyer.

4
Adapting to the Change
  • The subscription service is an unprecedented
    mobility solution that has magnetized the fancy
    of both consumers and carmakers in India. As the
    mobility trend is mutating in India, people today
    are choosing the flexibility, financial freedom
    and perks that subscription offers.
  • Subscription is for car buyers who need a set of
    four wheels without any wait. The buyer need not
    worry about the down payment or registration
    worries. For subscription, what a car buyer is
    typically charged is a flat monthly fee that is
    mostly inclusive of expenses like insurance,
    maintenance, RSA, etc. This way people save both,
    their time and money. And, like other
    subscription services, at the term end, the
    subscription can be renewed or the car can simply
    be returned. Its that easy!
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