You also want to earn by setting up EV charging station, here is the complete process - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News


Wednesday, May 22, 2024

You also want to earn by setting up EV charging station, here is the complete process


If you are also troubled by the rising prices of petrol and diesel, then this news is for you. In the coming times, electric vehicles will be used more instead of petrol and diesel. In such a situation, by taking advantage of this opportunity, you can also reduce your petrol and diesel expenses and also earn money. In fact, today there is competition wherever you look. But there is one field where there is not much competition right now. This business is to set up charging stations for electric vehicles.

In this era of rising inflation, the prices of petrol and diesel are skyrocketing. Along with this, the price of CNG has also increased. In such a situation, you can earn huge profits by starting a business of electric vehicle charging station. Let us tell you how…

This company is giving opportunity to earn

At the 20th International Franchise and Retail Show, a company manufacturing charging stations for electric vehicles gave investors an opportunity to work with them. On 18-19 May 2024, more than 500 franchisors from more than 100 cities of the country and Asia-Pacific showcased their products in the Retail Franchise Show at Yashobhoomi Conventional Center in Delhi and thousands of buyers participated in it.

You will get a chance like this

Earthtron EV also participated and displayed chargers in the International Franchise and Retail Show. Ashish Deswal, founder of Earthtron EV, says that people are troubled by the rising prices of petrol and diesel in the country, due to which they are considering electric vehicles as a better option. Indian customers have now started trusting EV vehicles. For electric vehicles, we need charging station infrastructure in the country. However, most of the chargers are company owned. In such a situation, we are always looking for potential partners by participating in franchise exhibitions, who want to open charging stations with us and have their own land. Now let us tell you how you can earn…

How much space will be needed?

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 can be in your name or it can be on lease for 10 years. Let us tell you that there is no pollution while driving an electric vehicle.

how to start?

How to start this business? To set up an electric vehicle charging station, you have to partner with the company. You have to show your location to the company and then the company does the complete setup of your charging station in 10-15 days. You just have to keep in mind that 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 also have basic facilities like clean drinking water, toilet, rest room, fire extinguisher and ventilation facility.

How much will it cost?

Let us tell you that you may have to spend up to Rs 10 lakh on setting up an EV charging station. However, you can start this business even with less expenditure than this. If you install a low capacity charging station, it may cost up to Rs 8 lakh. This includes the expenses from land to installation of the charging point.

How much do you earn?

If you install a 3000 kilowatt charging station, you earn Rs 2.5 per kilowatt. According to this, you can easily earn up to Rs 7500 in a day. That means 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 per month from this business. However, if the capacity of the charging station is increased, this earning can reach up to Rs 10 lakh per month.

How much competition is there in business?

EV Charging Station is a new concept, currently there is no big competition in this business idea, this is a business idea in which there is earning without any competition.

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