In this era of rising inflation, the prices of petrol and diesel are skyrocketing. At the same time, the price of CNG is also increasing. Meanwhile, electric vehicles have created a stir in the market. Along with this, people do not have to spend too much money in running it. Therefore, from villages to big cities, the demand for electric vehicles is continuously increasing. There are plenty of e-rickshaws in the villages. In such a situation, you can start the business of Electric Vehicle Charging Station (EV Charging Station). This business is flourishing.
To start an electric vehicle charging station, you must have an empty plot of 50 to 100 square yards on the roadside. This vacant space may be in your name or it may be on lease for 10 years. There is no pollution while driving an electric vehicle.
How to start electric vehicle charging station business?
To set up an electric vehicle charging station, permission has to be taken from many places. You will have to obtain No Objection Certificate i.e. NOC from the Forest Department, Fire Department and Municipal Corporation. There should be proper arrangement for parking of cars at the charging station and their entry and exit. Along with this, the charging station should have basic facilities like clean drinking water, toilet, rest room, fire extinguisher and ventilation facility. Installing an EV charging station can cost up to Rs 40 lakh. It depends on his ability. However, it may cost less than this. Installing a low capacity charging station can cost up to Rs 15 lakh. This includes expenses ranging from land to installation of the charging point.
How much will be earned from electric vehicle charging station?
If a charging station of 3000 kilowatts is installed, then the earning is Rs 2.5 per kilowatt. According to this, you can easily earn up to Rs 7500 in a day. You can earn up to Rs 2.25 lakh in a month. After taking out all the expenses, you can easily earn Rs 1.5 lakh to Rs 1.75 lakh here. However, if the capacity of the charging station is increased, this earning can reach up to Rs 10 lakh per month.
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