1C launches nation's largest EV charger marketplace, bringing chargers from renowned OEMs under a singlemplatform, offering convenience & options for EV owners.
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11 Dec 2023
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The rise of EV Charging Stations in India is a significant move towards eco-friendly travel. These stations are places where electric cars recharge, ensuring they are ready to go. With more people using EVs, starting charging stations is a good business opportunity. It makes financial sense with smart plans and low costs and helps the environment, making the business look good. This article looks into the growing world of EV charging stations in India, exploring important players, things entrepreneurs need to think about, and the chance to run a franchise, all pointing towards a future that cares for our planet.
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| Franchise Name | Founded In | Franchise Since | Investment | Franchise Fee | Space Requirment |
| Tata power | 1911 | N/A | ₹30-40 Lakhs | ₹2.5 Lakhs | |
| Charzer | 2020 | 2020 | ₹5-6 Lakhs | No Fee | |
| Delta Electronics India | 2016 | 2018 | ₹5-10 Lakhs | ₹50,000-1 Lakhs | 800-1000 Sq. Ft. |
| Fortum India | 2012 | 2015 | ₹8-10 Lakhs | ₹2-3 Lakhs | 300-600 Sq. Ft. |
| Charz Up | 2022 | 2022 | ₹10-15 Lakhs | ₹2-5 Lakhs | 250-500 Sq. Ft. |
| Mass Tech | 1993 | 2014 | ₹8-15 Lakhs | ₹2-5 Lakhs | 300-600 Sq. Ft. |
| Exicom | 1994 | N/A | ₹10-15 Lakhs | ₹2-3 Lakhs | 300-500 Sq. Ft. |
| Okaya | 1998 | N/A | ₹15-20 Lakhs | ₹2-4 Lakhs | 300-600 Sq. Ft. |
| ABB India | 1998 | N/A | ₹8-15 Lakhs | ₹2-4 Lakhs | 300-600 Sq. Ft. |
| Alpha EV | 2020 | 2020 | ₹10-15 Lakhs | ₹1-2 Lakhs | 400-500 Sq. Ft. |
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Connect with 1c for expert advice on EV chargers
Tata Power is a well-known company in India’s vehicle industry, operating since 1911. They’re prominent for manufacturing electric vehicle charging stations. With over 1,000 charging points in 180 cities, including Delhi, Hyderabad, and Mumbai, Tata’s EV network spans 15+ states. The franchise requires an investment of ₹5-20 Lakhs and a space of 250-500 Sq. Ft.
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Charzer, a Bangalore startup, focuses on affordable 3.3 kV portable Kirana chargers for small businesses, malls, and more. Founded in 2020, Charzer offers a franchise without a fee, requiring an investment of ₹5-6 Lakhs. The franchise concept allows owners to earn extra income when users plug in the charger.
Delta is a leading EV charging provider in India since 2018, offering DC Quick Chargers and AC EV Chargers. With an investment of ₹5-10 Lakhs and a space requirement of 800-1000 Sq. Ft., Delta provides a versatile charging solution along with a Site Management System.
Fortum, a Finnish clean energy company, operates in over 40 countries and is expanding its EV infrastructure in India. Established in 2012, Fortum India requires an investment of ₹8-10 Lakhs for its franchise, covering a space of 300-600 Sq. Ft.
Download the 1C EV Charging App from
Connect with 1c for expert advice on EV chargers
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EV Charging Station Business Opportunity?
Running an EV charging station business is a wise investment due to the growing demand for electric vehicles (EVs). In 2019, there were already 7.2 million EVs on the road, and experts predict a substantial increase to over 125 million by 2030. This surge underscores the necessity for readily available charging infrastructure.
The financial soundness of EV charging stations is evident through effective money-making strategies. Charging customers based on sessions and offering monthly memberships ensure consistent income, while turning these stations into advertising spaces adds to their profitability. The potential for profit is noteworthy, especially with the projected $14.7 billion global market for EV charging by 2027.
Low operational costs further boost the attractiveness of this business. Charging stations primarily rely on electricity, a more cost-effective option compared to traditional fuels. Strategically placing stations in busy locations like shopping malls and highways guarantees a steady flow of customers, maximizing profitability.
Beyond financial gains, supporting EVs demonstrates a commitment to environmental responsibility, elevating a business’s goodwill and brand image. Governments worldwide are actively investing in EV infrastructure, providing incentives that make entering this market even more appealing. Considering these factors, establishing an EV charging station business offers a promising and sustainable opportunity for entrepreneurs.
Setting up an electric vehicle (EV) charging station requires meeting specific infrastructure needs:
To establish an EV charging station in India, follow these steps:
When setting up an EV charging station, decide on the type of charger you want to offer—fast, rapid, or slow. The choice depends on the station’s location. For instance, fast chargers near highway restaurants suit users who prefer a quick recharge during journeys, while overnight charging at hotels caters to those staying overnight.
Consider the needs of EV users in the location. Tailor the charger mix accordingly to meet the preferences of users in that area. This ensures your charging station aligns with the demands of the local EV community.
Select a reliable partner who not only installs the charging station but also promotes it effectively. A good partner ensures visibility among EV users, operates and maintains the station efficiently throughout its lifespan, contributing to the station’s success.
1C launches nation's largest EV charger marketplace, bringing chargers from renowned OEMs under a singlemplatform, offering convenience & options for EV owners.
Optimal location for urban EV charging stations include high-traffic areas, residential zones, business districts, transit hubs, and leisure destinations.
Explore the surprisingly long history of electric vehicles. Start from 1830s with dawn of EVs, go through 1900s when electric cars dominated the roads, move through the 60s, when ICE rose to popularity, and cruise through the 21st century to understand the rebirth of electric vehicle in automobile industry.
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Understand the cost of setting up an EV charging station in India. Learn about setup costs, operational expenses, and the future viability of the plan.
Streamline your EV charging with the 1C EV Charging App: 1 app, 250+ verified chargers, real-time data, and a user-friendly experience. Download now!
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