Complete guide to set up EV Charging Station in India – Startup Authority
Introduction to Electric vehicles & EV Charging Stations
In general, cars emit a lot of carbon and exhaust fumes that not only damage the environment but also put us at risk of pollution and greenhouse gases. Customers who are concerned about the environment are moving to electric vehicles in order to enhance the air quality and decrease the amount of health issues brought on by air pollution. The use and generation of energy overall are gradually improving with the introduction of electric vehicles.
The electric vehicle (EV) doesn't need fuel because it has an electric motor. Exploration of fossil fuels is thus not an issue. Around the world, both public and commercial organisations are launching campaigns to encourage the use of electric vehicles. Due to growing public knowledge of the advantages of utilising electric vehicles, there has been a sharp increase in the sales of electric vehicles worldwide. Better energy efficiency, increased health and economic growth, low maintenance requirements, and production by several businesses globally characterise these cars.
How to open an EV charging station in India?
The world's largest vehicle market is in India. The Indian government has just made the decision to get ready for a significant transportation reform by 2030. According to the Indian government, anyone can install a charging station for electric vehicles as long as they have a permit from the power ministry and the stations meet the specifications of the ministry.
If someone wants to construct an electric vehicle charging station, they must adhere to all the infrastructure standards that the government has established. These infrastructures are under the heading of the power ministry's fundamental criteria, and the user is responsible for picking the appropriate billing method, vendor, and location.
Electric vehicle chargers come in many different varieties. The most basic of these is the slowly charging level 1 charger. The most popular chargers are level 3 chargers, which work with DC power and facilitate quick charging.
According to the government's infrastructure regulations, there must be an EV charging station every 3 kilometres in cities, every 25 kilometres on both sides of the road, every 100 kilometres on both sides of the highway, and every 50 kilometres on both sides of the road. For heavy-duty and long-distance cars, the charging stations along the highway are crucial. India is currently working hard to improve its industrial transportation system by constructing an electric highway that connects the major cities in response to its expanding vehicle market.
Infrastructure required for Ev Charging Station
A transformer, a later substation, and other necessary safety precautions are necessary for a proper and permanent EV charging station. For metering or termination, a 33/11KV cable should be provided together with any necessary equipment. Next, there must be enough space for electric vehicle charging and enough civil construction. For authenticity, each of these needs local certification. This regulation, though, differs from state to state.
EV Charging Station in India
A charging station is a piece of equipment that provides electrical power for charging plug-in electric vehicles. It is sometimes referred to as a charge point or electric vehicle supply equipment.
Such EV charging stations are responsible for drawing in customers and putting the company on the map. This ultimately aims towards increasing interactions with customers. Furthermore by lowering the carbon footprint, one can assist a green business project. An EV charging station supports the brand's core principles and CSR efforts.
Such EV charging stations are better because smart devices immediately check the connection between the car and the device before initiating the charging event; thus, smart charging is substantially safer. If there are numerous charging stations on one property, dynamic load management can improve safety.
How Can I Start an EV Charging Station in India?
According to the Indian government, anyone may set up an electric car charging station anywhere in the nation as long as it meets the specifications of the power ministry.
Therefore, the only prerequisites for constructing an electric car charging station are to satisfy the government of India's basic infrastructure standards and select the appropriate charging solution provider and location.
Learn the fundamentals of EVs and EV charging before becoming a charging host. It is beneficial to become knowledgeable about EV charging choices using Japanese and European technologies.
Chargers are sometimes divided into different tiers. The Level 1 charger, which is the most basic, has an extremely slow charging rate. A charging unit on a 240V circuit, similar to the circuit that powers a standard electric clothes dryer, is typically needed for level 2 charging. The most widely used charger is the level 3 charger, sometimes called a DC charger. Due to its ability to charge quickly, this variety of chargers is frequently used.
The range or kind of electric vehicle one intends to charge through the charging station is thus the very first thing one needs to decide when deciding whether to set up an EV charging station in India. One can start with an AC type-2 station for a solid beginning.
The property should have a good crowd for the optimum use of their hosting and a greater profit for you. One needs to have a good location where the majority of electric car usage is currently taking place if one wants to take full advantage of the EV charging station business potential in India. As long as the venue uses the commercial method of charging EVs, it will be regarded as a public charging station. The location should have appropriate entry and exit points.
One should partner with the best hosting provider with the greatest services if they want to increase the profitability of their EV charging business. Make your own inquiries to connect with reputable businesses.
Documents & License Required For EV Charging Station
The licensing aspect of this company's operations is very advantageous. The Ministry of Power states that no license is required for the construction of charging stations in India. However, this might vary with specific state requirements.
| Documents |
| KYC of Authorised Person |
| KYC of Company Signatory |
| Sale Deed, Lease Deed, or Land Rent Agreement |
| Pan Card of the Authorised Signatory |
| TOPO Map |
| Map of the Land |
What is the Best Location For EV Charging Station?
Finding the ideal locations for charging stations is a difficult task because it must take into consideration customer demand, travel demand, and the requirements of the local power infrastructure. Or, put another way, how will people use it? And can the electricity grid support it?
The optimal placement of a charging station from the perspective of the power system is frequently not the greatest location from the perspective of the transportation system. And a third choice is frequently the ideal position from the perspective of the user. In order to determine the optimum compromise, it is important to examine electricity systems, transportation systems, and user decision-making.
The power system component takes into consideration the power distribution network's restrictions on power flow, voltage, current, and other factors. The overall transportation component takes into account the number of people, the routes they take, and the maximum distance that a vehicle may go before needing to be refueled. The aim is to find places that will decrease travel in order to take into account user decision-making.
Estimate Investment Required For EV Charging Station
| Investment | Amount |
| Initial Investment | Rs 1 lakh to Rs 40 lakhs |
| New Electricity Connection | Rs 7,50,000 |
| Civil Works | Rs 2,50,000 |
| EVSE Management Software + Integration | Rs 40,000 |
| Technicians, Manpower, Maintenance | Rs 3,50,000 |
| Advertising and Promotion | Rs 50,000 |
| Land Lease | Rs 6,00,000 |
| Total Investment | Rs 40,00,000 |
| Annual Maintenace | Rs 10,00,000 |
Profit Margin From EV Charging Station
Scenario-A takes into account a margin of Rs 2.5 on the electricity tariff. In Scenario-B, a margin of Rs 3 in the first and second years, Rs 2.5 in the third and fourth years, and Rs 2 starting in the fifth year is taken into account. The cost of the EVSE Management Software is equivalent to 10% of the net margin on the power rate.
Requirements For EV Charging Station In India
Due to the charging stations' low initial investment and ongoing operating costs, the EV charging industry is expanding. They can be managed more easily and with less labor-intensive effort.
A charging business's location is crucial. The amount of space needed depends on the site's viability, the quantity of charging stations, the type of EVs that will be charged, and other site activities. The space needed for parking and moving around is more crucial than the space needed for the charging equipment, which doesn't take up more than 10 square feet. The bare minimum would be 100 square feet.
When one is first starting out, the best way to spread the word about one’s brand is through online marketing. However, using blogs, advertising, Facebook, LinkedIn, YouTube, and these platforms is the most efficient approach to growing a company.
Are EV Charging Stations Profitable In India?
The business of EV charging is currently and will be very lucrative in the future.
It is anticipated that EV chargers will be more profitable for businesses than gas stations. According to oil giant BP, as the number of electric vehicles increases, there is a rapid increase in the demand for EV charging infrastructure, which makes fast chargers more profitable than gas stations.
According to Data Bridge Market Research, the global market for purchasing auto charging stations will increase by 48% between 2019 and 2026. According to McKinsey's research, it will take more than Rs 5,555,798,500,000.00 in investments to build enough electric vehicle charging infrastructure.
Choosing a reputable EV charging OEM that can offer a high-quality solution that is manageable is necessary when starting a business. Starting a business requires choosing the best location for the charging station installation and an electrical arrangement of the appropriate load based on the capacity of the chargers. A reputable charging infrastructure technology provider will assist in assessing the new companies' commercial possibilities.
Staff & Manpower Required For EV Charging Station?
A decent setup of the charging stations is unmanned since the majority of good charging infrastructure OEMs offer a full solution (equipment + software + mobile app). Everything is done online, including the collection of payments and the creation of bills. Therefore, no additional staff is needed on-site aside from protecting the machine physically.
Best Companies For EV Charging Station In India
The top 5 companies for EV charging stations in India are :
- Yo Charge
- Tata Power Ev Charging Station
- Jio-Bp
- ABB
- Delta Electronics