Reportedly in this era of inflation, as the prices of petrol, diesel and cng are increasing, people’s interest in electric vehicles is increasing. Due to being economical, their demand is increasing whether it is a city or a village. It also does not cause pollution. Take the e-rickshaw as an example. You will see people riding it on every street corner of the country. In such a situation, the business of Electric Vehicle Charging Station (EV Charging Station) is also flourishing rapidly.
Perhaps to start this business, first of all you will need 50 to 100 square yards of land on the roadside. This land can also be in your name or you can also take it on lease for ten years. Also, there should be enough space in the charging station so that vehicles can be easily parked or come and go. Also, there should be some basic facilities like washroom, fire extinguisher, drinking water facility.
An EV charging station can cost from 15 lakh to 40 lakh, it depends on the capacity of the station. The cost of land and other things is separate. But for its setup, you will have to take NOC from many places. You will have to take permission from the Municipal Corporation to the fire Department and the Forest Department. After getting approval from all the departments, you will be able to start the work of the station. Now the expenditure is coming so much, so it is obvious that a person will also think of earning. If your charging station is of 3000 watts, then there will be an earning of up to Rs 2.5 per watt. According to this, Rs 7,500 will be made in a day and Rs 2.25 lakh per month. As you increase the capacity of the charging station, the earning will also increase.
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