EV Business Idea: The automobile industry in India is changing rapidly, with electric vehicles (EVs) becoming increasingly popular. Big companies like Tata, Mahindra, and Maruti are also focusing on the manufacture and sale of electric vehicles (5 Profitable Business Ideas Under Rs 1 Lakh). With this rapidly growing EV market, the idea of ​​​​setting up an electric vehicle charging station can be very profitable.

You will have to invest some money in setting up a charging station, but this investment will soon turn into a profit as the number of electric vehicles is increasing rapidly. In this business, your earnings can increase through charging services as well as various other services. If you want to start your business in this field, then in this news we will tell you the complete process step by step so that you can easily set up your electric vehicle charging station -

If you want to start this business, then having a parking space is very important for this business. Roadside land where you can park 4-5 vehicles will prove to be the best. This will not only provide you with the space required to set up a charging station but will also be accessible to customers.

You can start with one or two charging points initially, but gradually setting up 4 to 5 points will increase your earnings tremendously. This business is not only profitable but also environmentally friendly, which is quite in demand in today's time.

This is the cost -

There are different types of chargers available for setting up charging stations for electric vehicles in India, with different prices.

-AC chargers, commonly known as "home chargers", are available in India for around Rs 65,000. This charger provides slow charging and is mainly used in homes.

-DC chargers, which provide fast charging, are available in India for around Rs 2,47,000. These chargers are capable of charging electric vehicles faster and are found at public charging stations.

-Type 2 AC chargers, which provide faster charging than AC chargers, are available in India for around Rs 1,20,000. These chargers can be used both at homes and public charging stations.

-CCS chargers, which provide the fastest charging, are available in India for around Rs 14 lakh. These chargers are used to charge buses and heavy vehicles faster and are found at public charging stations.

How to earn from an EV charging station?

Charging stations have a fixed way of earning per unit. The company whose charger you use decides the charge per unit. This charge is determined based on the rent of your location, commission, and electricity price.

For example, if you use 10 units of electricity at a charging station and the charge per unit is Rs 10, then your earnings will be Rs 100. Depending on the use of electric vehicle chargers in the country, you can earn up to Rs 2,000 per day. This is your income after deducting all your expenses.

To set up a charging station in the country (New Business Idea) you will need the most important documents of property, lease and rent papers, Aadhar card, PAN card, GST number, and bank account.

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