Fidus Electric Franchise – Cost, Profit & Investment Details

Fidus Electric Franchise

One of the most unique and amazing EV franchises in our country is Fidus Electric. This company is in the business of manufacturing electric scooters and motorcycles. Their electric vehicles are of the best quality as they provide long-lasting batteries. They use Lithium batteries under the brand Fidus Lithium. The company has a primary focus on sustainable energy sources and energy storage technology. This business is providing a great business opportunity by offering a franchise option. To obtain a Fidus Electric franchise you must go through all the requirements, terms, and conditions of the company. This company established in 2021 has already become one of the top players in the market. The franchise operation of this company was started in 2023. One must also know that the investment required to open a Fidus Electric is between Rs 20-30 lakhs. Within this huge investment, you will need to pay a franchise fee of Rs 3 lakhs and a royalty/commission of 11%. Once you have taken their franchise or dealership, you will be granted with exclusive territorial rights. One can anticipate the return on investment of 79% and a payback period between 2-3 years.  Now, here is how one can open a Fidus Electric dealership in their local area:-

• Make sure to visit the official website of the company 
• On the right-hand corner of the page, you will see an “Apply for dealership” option 
• Make sure to click on the option and a Google form page will open for you 
• Once the page has opened, you will be asked some basic questions from the company 
• Make sure to answer them properly and re-check the answers once you have completed. 
• Once everything is done simply click on the submit button.