Electric Vehicle Charging station market is estimated to surpass $400 Billion globally. India is one of the emerging markets with very few local and international players in the sector. This presents India with a huge potential to rise in this market. In this article we will mention 7 points to consider before setting up your EV charging station in India or anywhere in the world.
Inadequate charging facilities has always been the most discouraging factor behind automobile company’s reluctance towards electric cars.
Carefully considering the overall scenario in India, the Government of India put-forth an ambitious leap of pushing the 500 charging stations count to one station every three kilometers in the cities in India. The target includes setting up a charging station every 25 km on both sides of highways.
It is highly estimated that the market for charging stations will surpass 400 Billion dollars in the coming years, across the globe. Automotive giants such as Mahindra and Mahindra, Tata Motors, etc., and Cab-service providers like Ola and Uber are few of the native brands that are keen to set up electric vehicle charging stations in India.
Adding to the list are many International brands such as NIKOL EV, Delta, Exicom, and few Dutch firms, that eventually signifies India as one of the emerging markets in the sector.
Scroll below the image to find out How to setup EV charging station in India.
ELECTRIC VEHICLE SUPPLY EQUIPMENT (EVSE) MARKET
This presents India with a huge potential to rise in this market. In order to smoothen the establishment process, the Government of India has de-licensed public charging stations ventures for electric vehicles enabling the desiring individuals to extend such facilities but at a regulated tariff. What does this mean? It means any individual can set up an EV charging station in India, provided the station meets the technical parameters laid down by Govt.
Also Read: Cost of setting up EV Charging station in India
Once all the above-mentioned factors are evaluated, one can get started by approaching the right vendor. There are a couple of online marketplaces one can go for buying their own EV charging station such as My EV Mall, Amazon.com, IndiaMART, etc.
Although setting up a charging station and petrol pump in India goes nearly for the same cost, if you are still confused between the two, it is always better to go ahead with the major factor related to the charging station which is the location of the charging station.
In my opinion, if your location in on a National highway or near any Urban locality, and you have plans to commence the project in the next 2-3 months, going for the EV charging station will be the most suitable choice.
STILL WONDERING HOW TO SETUP EV CHARGING STATION IN INDIA, PLEASE FILL BELOW DETAILS:
Hi, My name is Chaitanya sharma, I want to install a charging station on my own land, so I want to know how can I install a charging station, and what are the term and conditions or rules and regulations to install it.
Please provide me the guidelines.
go through our article on The Cost of setting up an EV charging station in India and fillup the form at end of the article for more details
Hi, My name is Sanjay Rane I want to install a charging station on my own land In Maharashtra At Goa Border , so I want to know how can I install a charging station, and what are the term and conditions or rules and regulations to install it.
Please provide me the guidelines.
As of now, there are no regulations from the government.
For more info EV Consultation
its is good decision to start EV charging station. My compony will help you to provide complete /turnkey solution to set up EV CHARGING STATION.
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Can you please Contact on my mobile 9657003760, I am also planning to install EV charging station.
evcharging station land area /license/ cost/civil work/power solar and install pls send details
please contact us on EV Consultation
This is Sekhar from Bangalore ( 8197314582 and Email : email@example.com) I am inspired to set up a EV station in Bangalore. Ideally it is of AC and DC charging station. Would like to know more details on Technical feasibilities, Land requirements, Government regulations, License formalities, best of the class Vendors and Maintenance costs for the same.
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