Electric Vehicle Public (EV) Charging Station Business

Electric Vehicle Public (EV) Charging Station Business
  • Electric Vehicle Public (EV) Charging Station Business

Overview

Electric vehicles are just getting started in India. In such a situation, if a person starts the business of electric charging station for charging electric vehicles, then from now on he will start getting very good benefits. And when more quantity of electric vehicles will start running in India, then its business will grow very fast. Therefore, people who are looking into the future of electric vehicles want to know how to set up an electric vehicle charging station business, or how to start an electric vehicle charging station business. Through this article, we are providing you information about Electric Vehicle Charging Station Business Idea.

What is an electric vehicle charging station !

Just as petrol pumps have been installed at various places for CNG, petrol and diesel vehicles, work is being done to set up electric charging stations for charging electric vehicles. So that those who buy an electric vehicle can charge their vehicle by paying some money from the electric charging station when the charging is low or the battery is discharged. Many such electric charging station setting up companies are emerging in India which give their franchise to people and give people a chance to start by partnering with them. If you have good funds, then you can start your own electric charging station or you can also take a franchisee of a company.

Where to open an electric vehicle charging station !

You can start an electric charging station outside a big bus stand, outside a railway station, near a petrol pump or near a shopping mall. Additionally, electric charging stations are being installed alongside highways. Tell that, total 3 types of electric charging stations will be opened, inside which commercial type electric charging stations will be installed at malls, petrol pumps and railway stations. In the second type, electric charging stations will be installed inside all government offices. On highways and congested roads, electric charging stations will be installed as the third type.

What to do to open an electric vehicle charging station !

To open your own electric charging station, you can apply directly to the Ministry of Power Department of India. If you want, you can start the business of electric charging station even by taking a franchise of a famous company, because in India at present, many companies are giving its franchise.

Electric vehicle charging station business cost !

It depends on whether you want to open your own charging station or want to do this business by taking a franchise of a company. You may have to spend around five lakh to Rs 9,00000 on taking a franchise of a company and if you want to open your own electric charging station, then for this you will have to invest from Rs 3,00000 to Rs 35,00000. may have to.

Electric vehicle charging station business rules !

According to the rules of the government, electric charging stations can be opened at a distance of 3 kilometers on both sides of the road. Earlier this distance was 25 kms.

Electric Vehicle Charging Station Subsidy !

So far no information has been given by the government regarding subsidy for electric charging station business. However, the budget of about Rs 1050 crore has been fixed by the government for subsidy.

Apply Electric Vehicle Charging Station !

A person can acquire information from the Indian Ministry of Power Department if they have enough money to start an electric charging station about the application process and apply. If If a person wants to start this business by taking a franchisee, then he can apply by visiting the official website of the company whose franchisee he wants to start this business.

Electric Vehicle Charging Station Business Earnings

Earnings from electric vehicle charging stations depend on how much money you charge vehicle owners for charging, as well as on the type and cost of your electric charging station. So many vehicles come. One thing is certain that this business has a great scope in the future. That's why the person who gets involved in this business from now on will only get benefited later in the business.

Frequently Asked Question

Q1. What is the size of the market for electric vehicle charging stations?

A1. Given that there are more electric vehicles on the road in India than ever before, its future prospects are excellent.

Q2. Can electric vehicle charging business be started at home also?

A2. Yes, you can start it at home also, but at home you can charge only small cars and two wheelers.

Q3. What will it cost to start a business selling electric vehicle charging stations?

A3. If you purchase a franchise, you might have to fork over anything from 5,00,000 to 9,00,000. On the other side, this cost may increase to between 30 and 35 lakhs if you start your own electric charging station.

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