Business Idea: Along with the rising prices of petrol and diesel, the prices of CNG are also increasing continuously. Due to the rising prices, electric vehicles are now much liked in the Indian market. From cars to scooters, people prefer to buy electric. Everyone is also eagerly waiting for electric bikes. Anyway, people have started installing electric kits on some bikes.
Many e-rickshaws in the village are seen running on the roads; in such a situation, you can start a business by opening an electric vehicle charging station. With this business, you can fulfil your dream of earning a considerable monthly salary, which will not cause any problems. To start this business, you should have 100 square yards of land on the road. If you do not have land, you can also rent it for 10 to 15 years. Rent the land only under a legal agreement.
How to start a charging station?
You can easily set up an electric vehicle charging station in any town or city. However, permission must be obtained at the administrative level. People must obtain NOCs from the Forest Department, Fire Department, and Municipal Corporation. The charging station should also have a place to park cars, scooters, and e-rickshaws.
Basic facilities should be provided at the charging station. Drinking water, toilets, restrooms, fire extinguishers, and ventilation facilities are necessary. You may have to spend up to Rs 40 lakh to set it up.
How much will you earn from this business?
The electric vehicle business will earn a lot of money. If you set up a 3000 kilowatt electric charging station, the income will be Rs 2.5 per kilowatt. This way, you can easily earn up to Rs 7500 daily. In this way, you will earn Rs 2.25 lakh.
After deducting all the expenses, you will save Rs 1.5 to 1.75 lakh. By increasing the number of charging stations, your monthly income can reach Rs 10 lakh. If you plan to do business, you can try it. To start this, you should start working hard.