Millions of rupees will be earned from electric vehicle charging stations
September 30, 20242 Mins Read
Science and Technology Desk: Nowadays, many people are trying to earn half by opening their own business instead of traditional jobs. If you also want to open a business, you must first know what people need.

electric

If you start a business keeping in mind the demand, it has the potential to be very profitable. Nowadays, the entire Indian market is showing interest towards electric vehicles due to the huge increase in petrol-diesel prices.

From villages to cities, people are trying to buy electric cars. And the driving force of this entire electric vehicle industry is the car or bike charging station. If you can start an electric vehicle charging station right now, your business will be booming.

To set up an electric vehicle charging station, you need a 50 to 100 square yard land on the roadside. This land must be in your own name or on a 10-year lease. For car entry or parking at the charging station you need to make a road.

Also, to start it you need to get NOC certificate from Forest Department, Fire Department and Municipal Corporation. Setting up an EV charging station will cost you Rs 40 lakh. However, low capacity EV charging stations can be installed at Tk 15 lakh.

Now let's talk about income. If you have a 3000kW charging station, you will get Rs 2.5 per kWh consumption. As such you can earn 7500 rupees per day.

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Your total income per month will be 2.5 lakh taka. Excluding all charging station costs, your monthly profit will be between Tk 1.5 lakh to Tk 1.75 lakh. If you can increase the kilowatt then you can earn upto 10 lakh rupees per month.