Everything About EV Charging Station Business In India- IID

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EV Charging Station Business In India

• Charging Infrastructure for Electric Vehicles

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EV Charging Station Business In India

• The Government of India has recently released a
  notification Charging Infrastructure for
  Electric Vehicles - Guidelines and standards.
• According to the new guidelines, an entity can
  set up public charging stations (PCS), provided
  the stations meet all the necessary technical
  performance standards. To understand better, if
  you can start EV charging station business in
  India, it is essential for you to learn about
  its business model.

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EV Charging Station Business Model

• A plan enforced by a company to generate revenue
  and make a profit from its operations is known as
  a business model.
• The business model includes the components and
  functions of the business. It also consists of
  revenues generated and the expenses incurred from
  it. There can be several business models
  depending on the combinations possible.
• The business model is essential to achieve
  financial, operational and economic
  sustainability, as the government emphasizes it.

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Key to EV Charging Station Business Success

• Despite being a new opportunity in India, the EV
  Charging station business has gained good hype in
  the market.
• Many new companies are coming up with
  technologies related to the EV charging station
  business, and many have started working on it.
• A proper business model includes EV Charging
  solution provider, manufacture, EV charging host,
  and the related customers can help the ecosystem
  develop and generate good revenues for host
  unused parking space.

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EV Charging Business Value Direct Indirect

• The revenue for any business is an essential and
  important part. To keep analyse what values we
  get, like drivers paying for charging, it is
  necessary to keep a check on the balance sheet
  and look at the potential of the factors
  involved.
• The direct source of value from EV charging
  station business includes subscription form the
  vehicle owners and fees like pre-charge and
  energy use.
• Along with that indirect source of revenue that
  EV charging business models may generate are
  increased sale of products services near EV
  charging stations, increased tourism to popular
  destinations, advertising sales at EV stations,
  marketing branding opportunities and increased
  electric car sales.

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Conclusion

• EV charging station business in India will indeed
  bring a shift in the automobile industry.
• The launch of new electric vehicles will help the
  government to cope with the new technology and
  save the environment.
• If you are also interested in starting your EV
  charging station business, then you can connect
  with IID and get detailed information about this
  business. By becoming a member of IID you will
  get all the access to industrial documentaries,
  experts advice and step-by-step guidance in
  establishing the business.

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About Us

• Institute for Industrial Development (IID), is an
  incubator with Government of India, Ministry of
  Micro, small and medium Enterprises and
  department of start-up, Govt. of Uttar Pradesh. 

• Institute for Industrial Development
• IID is unit of Samadhan Samiti working under
  Public Private Partnership with Government since
  Year 1999. 
• IID nurtures the entrepreneurs virtually from the
  ideation till establishing of business Enterprise.

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