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EV demand is rising in India, but charging stations are still few. This creates a clear gap for new businesses to enter early and grow with the market.
A charging station costs ₹10–15 lakh, but subsidies can reduce it to ₹2–3 lakh. Cost depends on charger type and location.
You earn ₹10–₹20 per kWh. A station delivering 300 kWh daily can make around ₹1 lakh per month.
AC chargers can earn ₹15k–₹20k monthly profit. DC fast chargers can earn close to ₹1 lakh in good locations.
AC chargers recover cost in 6–12 months. DC chargers take about 1.5–2 years, based on usage.
High-traffic areas like highways, malls, offices, and parking spaces bring more users. Better location means faster growth and higher income.
You can earn more through ads, subscriptions, or small shops like cafes and convenience stores at your station.
Low investment with subsidies and rising demand make this a strong business. You can start small and expand as usage grows.