Earn money with electric vehicle charging station
The craze for electric vehicles (EV) is gradually increasing in the country. After Tata Motors, Mahindra has revealed its future planning with the launch of powerful vehicles like the XEV 9e and BE 6e. Ola and Honda have also launched their new models in the 2-wheeler segment. All of these vehicles will need to be charged, so you too can make a big buck by installing a charging station.
Yes, if your house is connected to a road or highway, then you can earn a good amount of money by installing a charging station. Let us provide you with information on its cost, income and how to invest it.
Do you need an electric vehicle charging station?
In electric vehicles you cannot refuel in 5 minutes like at a gasoline pump and continue the trip. The limit of distance each electric vehicle can travel on a single charge is decided based on the capacity of its battery. In such a situation, if your electric vehicle suddenly stops or its charging stops, charging it with a normal home charger can be a time-consuming task. In such a situation, charging stations operate at high capacity to charge the vehicle in less time.
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Charging stations for electric vehicles and their installation costs.
First of all, you should know how many types of charging stations there are. It depends on the capacity of the charger installed there. For example, if you install a charger with less than 3.5 kW power, then a voltage current of 240 will also work. This charger will support all types of electric vehicles, 2, 3 and 4 wheels. These chargers are called Level 1 (AC) and the installation cost ranges between Rs 15,000 and Rs 30,000.
Similarly, Level 2 (AC) chargers are used with a voltage current of 300 to 400. These have less than 22 kW of power. All three types of vehicles can also be loaded here. Its cost ranges between 50,000 and 100,000 rupees.
Level 3 (CC) chargers are installed for 4-wheel vehicles only. These operate with a voltage of 200 to 1000. Their power ranges from 50 to 150 kW. Its cost ranges between Rs 5 lakh and Rs 15 lakh. They are usually installed along the road. It also has DC fast chargers, which can easily charge vehicles such as buses and trucks. Its cost can range between Rs 10 lakh and Rs 50 lakh. A transformer must also be installed along with the DC charger.
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How will the charger generate big profits?
At EV charging, people pay you based on the charge of each unit. You can generally charge between 10 and 20 rupees per unit (kWh). In such a situation, if 300 units are charged daily at your charging station and you also charge Rs 12 per unit, then your monthly profit will be up to Rs 1,08,000.
Not only this, you can offer annual and monthly subscription. You can also earn extra money by placing ads, etc. at charging stations. You can also provide access to a cafe or waiting room at a location near you.