Charging Station Business In India
EV charging infrastructure means charging an electric vehicle from an electric station. This is exactly how petrol pumps look. The demand for EV charging is continuously increasing. In the coming years, when most of the vehicles will be electric, the need for electric charging stations will be increase.
In the 2019-20 budget, Finance Minister Nirmala Sitharaman has announced the provision of an additional tax deduction of Rs 1.5 lakh on interest paid on loans taken to purchase EVs. To encourage EVs, the government has announced the reintroduction of hybrid electric systems or electric kits into vehicles and outlined the process for approval of electric vehicles.
The Ministry of Road Transport & Highways, Government of India (MRTH) has announced certain licensing details for the 16-18-year-old group to drive E scooters, Bicycles with up to 4.0 KW.
the Department of Housing and Urban Affairs has amended the guidelines for the Development and Implementation of Urban and Regional Development Plans (URDPFI) to provide EV charging stations for private, commercial buildings.
IId brings information from a service sector to a business in which, you can earn a good amount of profit, with little investment. In the years to come, electric cars are the future of the Automobile sector and will be everywhere. In this case, a larger scale would be required for electric charging stations.
IID, INSTITUTE FOR INDUSTRIAL DEVELOPMENT, has come up with an exclusive industrial documentary on EVs charging infrastructure, which will help you to know that how you can do the Electric Charging Stations business.
EVs are the future of the auto industry, if the demand for electric cars will increase, then there will be the need for EV charging stations. Read more to Understand- Government plans a new policy to promote electric vehicles in India.
Charging Station Business Case Study
in this article, we talk about how to Strat an EV charging Station In India by making less investment. The below-mentioned Picture is showing How the EV charging Station looks like? I am going to mentioned a case study on ” Electric Vehicle (EV) Car Charging Station in Delhi, India” How they did it Successfully and I hope this will make your all doubts clear.
Electric Vehicle (EV) Charging Station in Delhi, India
Hello everyone, my name is XYZ and my company name is EV Plugin Charge. I started this company in March 2019, and, I started it with 4 slow, 1 fast charger. Our slow charger is 5 to 7.5 kW, and the fast charger is 15 KW which approved by the government also. To run it, I have developed an in-house app, in which the customer must first download it. To book the charging slot, the company has made it online, we allocate the charging slot to the customer with the arrival time at the stations. We use the complete online system in which the charging slot and time will be automatically allocated to the customer on online booking through the application.
Investment It was started with 12 lakhs, Includes The cost of developing software, and execution. It benefits from electric vehicles of the future. This way benefits, for example, if we assume, if a person goes to a movie theater, he watches 3 hours of film and spends 1 hour in a food court. In 4 hours, his vehicle will be charged 70 to 80 percent. He takes over and departs. Their basic savings in this will be their parking fee.
Requirements for Setting up a Charging Station
AREA The area is very important for doing a Charging business. area, how do I choose the area? In the area, first, Chose malls, malls that specifically have cinema halls in them. Because when customers come to watch the cinema, they spend at least 3 hours watching the film and 1 hour in the food court, Their vehicles are charged 70 to 80 percent in 4 hours. This will benefit the customers by saving their time and When they return they will find their vehicle on a 100% charge.
Note: Chosen should be adequate space for charging and Entry/Exit of Vehicles.
MANPOWER For this business you will need 1 skilled and 1 unskilled labor. Power: For setting up this plant you will need about a 50 KW power connection.
Marketing How are you marketing this business initially? Basically, this is online marketing, using YouTube, Facebook, LinkedIn, advertising, and blogs.
LICENSE If we talk about licenses, what kind of license is required to start this business? There is a very good and a very big plus point in this business, there is no need for any license. The Ministry of Power has stated that no license is required in the establishment of these stations.
Any individual/Entity setting up a PCS will need to have the following minimum infrastructure as described in the notification: Source
Charging Infrastructure (PCI) Minimum Requirements:
- An exclusive transformer with all related sustain equipment including safety appliances.
- 33/11 KV line/cables with associated equipment including as needed for line termination/metering etc/
- appropriate civil works.
- adequate space for charging and entry/exit of vehicles.
- Current international standards that are prevalent and used by most vehicle manufacturers internationally are CCS and CHadeMO. Hence, a public charging station shall have, one or more electric kiosk/boards with the installation of all the charger models as follows.
|Charger Type||Charger Connectors||Rated Voltage(V)||No. Of Charging Points/No. Of Connector Guns (CG)|
|Fast Charging||CCS (Min 50 KW)||200-1000||1/1 CG|
|CHAdeMO (Min 50KW)||200-1000||1/1 CG|
|Type-2 AC (min 22 KW)||380-480||1/1 CG|
|Slow/Moderate Charging||Bharat DC-001 (15 KW)||72-200||1/1 CG|
|Bharat AC-001 (10 KW)||230||3/3 CG of 3.3 KW each|
The government of India recently released a notification titled ‘Charging Infrastructure for Electric Vehicles – Guidelines and Standards -reg.’
Cost Analysis of Electric Charging Station in India
Cost Estimates for a Typical Public Charging Station (PCS):
Revenue Projections from a Typical Public Charging Station (PCS)