Business Idea: Many people want to start their own business these days, but the biggest problem is the lack of the right idea. Many people have capital, yet they can’t decide which sector to invest in to secure their future and ensure a continuous income. For such people, the electric vehicle charging station business is emerging as an excellent option.
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The Electric Vehicle Sector is Growing Rapidly in India
The future of mobility in India is rapidly shifting towards electric vehicles. Government policies, rising fuel prices, and increasing environmental awareness are leading people to prioritise electric vehicles over petrol and diesel vehicles. The statistics clearly show this shift. While the number of electric two-wheelers was around 73,000 in December 2024, it increased to approximately 98,000 in January 2025. Similarly, a significant increase was also recorded in the sales of electric four-wheelers within a month.
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Why EV Charging Stations are Becoming a Profitable Venture
As the number of electric vehicles increases, the need for charging infrastructure is also being felt rapidly. This is why the EV charging station business can become a strong and sustainable source of income in the coming years. Currently, there are thousands of public charging stations and millions of home chargers in the country, but this number is still considered insufficient compared to the growing demand.
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Important Things to Consider Before Starting an EV Charging Station
To set up an electric vehicle charging station in India, it is necessary to understand certain rules and technical aspects. Choosing the right location, availability of power supply, the type of charger, and necessary permissions from the electricity distribution company play a crucial role in the success of this business. Highways, busy markets, malls, office areas, and residential hubs are considered ideal locations for this business.
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How Much Does it Cost to Open an EV Charging Station?
The investment in an EV charging station depends entirely on the level at which you want to start the business. If you want to start on a small scale, a basic setup can cost around one lakh to fifteen lakh rupees. This includes a standard AC charger and limited infrastructure.
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However, if you are planning to open a fast or high-power charging station, the investment increases significantly. Such a station can cost anywhere from fifteen lakh rupees to one crore rupees or even more. This includes facilities like DC fast chargers, higher power capacity, and transformers.
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How much can you earn from an EV charging station?
The earnings from an EV charging station depend entirely on its location, the number of chargers, and the daily vehicle traffic. Generally, a station in a good location can earn between eighty thousand and one and a half lakh rupees per month. A fast-charging station, on the other hand, can generate a monthly income of three lakh rupees or more. Additional income can also be earned through advertising, fleet partnerships, and retail collaborations.