highlights
You can earn huge profits by starting EV charging station business.
For this you need a vacant lot of 50 to 100 square meters at the roadside.
The necessary approval must be obtained for the construction of a charging station for electric vehicles.
New Delhi. If you are thinking about starting a business but can’t decide which business to start, then today we are going to give you a great idea. Nowadays, the trend towards electric vehicles has increased rapidly. In times of rising inflation, the prices for petrol and diesel explode. At the same time, the price of CNG has also increased. In such a situation, you can make huge profits by starting an electric vehicle charging station.
Electric vehicles have made a splash in the market. People don’t have to spend a lot of money to run it. In such a situation, the demand from cities to villages increases rapidly. E-rickshaws operate in large numbers in the villages. In such a situation, the EV charging station business can be very beneficial for you.
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how much space is needed
In order to put an electric vehicle charging station into operation, you need a vacant lot of 50 to 100 square meters at the roadside. This free space can also be in your name or rented for 10 years. Explain that driving an electric vehicle does not create pollution.
How do I start this business?
In order to set up a charging station for electric vehicles, you have to obtain a permit in many places. You must provide clearance from the Department of Forestry, Fire Department and City Council (e.g. NOC). Reasonable arrangements should be made for parking cars at the charging station and for entering and exiting it. In addition, the charging station should also have basic facilities such as clean drinking water, a toilet, a rest room, a fire extinguisher and a ventilation system.
know how much it will cost
We tell you that you may have to spend up to 40 lakh rupees to set up an electric vehicle charging station. However, you can also start this business with less money. Installing a low capacity charging station can cost up to Rs 15,000. This includes the costs from the property to the installation of the charging station.
How much will the earnings be?
If you set up a 3000kW charging station, you will earn 2.5 rupees per kW. According to it, you can easily earn up to 7,500 rupees per day. That means up to 2.25 lakh rupees can be earned in a month. At the same time, after deducting all expenses, you can easily earn 1.5-1.75 lakh rupees per month from this business. However, with an increase in the capacity of the charging station, these revenues can be as high as 10 lakh rupees per month.
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Tags: small scale business, business from home, business ideas, business news, Business News in Hindi, business opportunities, CNG, earn money, electric vehicles, Tips for making money
FIRST RELEASED : June 26, 2023 at 7:09 PM IST
