EV Charging Station: 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 in city or village. It also does not cause pollution. Take E-Rickshaw for example. You will see people riding it on every street and corner of the country. In such a situation, the business of Electric Vehicle Charging Station (EV Charging Station) is also flourishing rapidly.
First of all you will have to buy land of this size.
To start this business, first of all you will need 50 to 100 square yards of land on the roadside. This land can be in your name or you can take it on lease for ten years. Also, there should be enough space in the charging station so that the vehicle can park or move easily. Besides, there should also be some basic facilities like washroom, fire extinguisher, drinking water facility.
This much will be spent on setting up the station
An EV charging station can cost between Rs 15 lakh to Rs 40 lakh, depending on the capacity of the station. In this, 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, Fire Department and Forest Department also. After getting approval from all the departments, you will be able to start the work of the station.
this much will be earned
Now the expenses are coming so much, it is obvious that a person will also think about earning. If your charging station is of 3000 watts, you will earn up to Rs 2.5 per watt. According to this, Rs 7,500 will be made per day and Rs 2.25 lakh per month. As you increase the capacity of the charging station, your earnings will also increase.
Disclaimer: (The information provided here is being provided for information only. It is important to note here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com does not advise anyone It is never advisable to invest money here.)
Also read: Gold Price: Gold has become expensive, before buying, check here what is the rate in your city.
