Powered by the national agenda of electrification and supported by government-led initiatives, the Indian automotive industry is switching to manufacture electric mobilities.
Our Experts are working on the project of setting up Electric Vehicle Charging Stations and have prepared Business Planning Reports on the title. [Those reports are Business Feasibility Study Report, Business Modelling Report, Business Plan, and Detailed Project Report]. Our team has studied the market for awareness, demand, and supply of EVs & related services, and wanted to share some helpful information on the same.
The Indian government is trying to accelerate the adoption of electric vehicles in the country with the FAME (Faster Adoption and Manufacturing of Electric vehicles) scheme’s second phase under the NEMMP 2020, which has a big-ticket budget of INR 10,000 crore. According to the Society of Manufacturers of Electric Vehicles (SMEV), in 2018-19 around 7.6 lakh EVs have already been sold in India.
This rise in electric vehicles, at the same time, has accelerated the need for Electric Vehicle Charging Stations. At present, there are around 150 electric charging stations in India. Though there are plans to set up more charging stations, however, that will not be sufficient to satisfy the rising need for charging points.
According to economic times, the government is targeting to set up one charging station every three km in cities and every 25 km on both sides of highways. Setting up of these stations in cities is open to all the companies. These charging stations can be installed at major workplaces, townships, societies, and public places including shopping malls, public parking, petrol pumps, and mass transit stations.
Andhra Pradesh, Bihar, Delhi, Karnataka, Kerala, Maharashtra, Tamil Nadu, Telangana, Uttarakhand, and Uttar Pradesh are the major states and UTs that are leading the way in building production, infrastructure, and services to increase the momentum of Electric Vehicle usage in India.
The market for EV charging stations is expected to grow at a CAGR of 40 percent along with the rise in Electric Vehicles market supported by government subsidies, schemes, and incentives, growing demand for electric vehicles and growing concern toward environmental pollution.
In these reports, we have analyzed and explained the business opportunity for Electric Vehicle Charging Station, for those who want to enter into the automotive industry, EV Charging Stations hold potential business opportunity considering increasing customer attraction and demand for innovation and comfort.
The Business Planning Reports on Electric Vehicle Charging Station will help you in understanding the Industrial Overview, Market Feasibility, Technical Feasibility, Legal feasibility, Sales Feasibility, Infrastructure Feasibility, etc. Also, emphasis on Market Position, Demand, Market Size, Statistics, Market Dynamics and Trends. These reports provide a comprehensive business feasibility analysis; Types of Business Models and Business Plan which helps you to decide to start up a business.
Here are the inclusions of Business Plan/Project Report:
- Detailed Financial Projections & Calculations – 3 – 5 Yrs.
- Systematic Sales & Marketing Plan.
- Operational Plan
- Admin & HR Plan
- Registration and Legal information related to project set up.
- Strategic Portfolio.
- And much more.
What I will get from these reports?
- It will give you a brief idea about Electric Vehicle Charging Station.
- It will give you knowledge on technical, commercial aspects for opening “Electric Vehicle Charging Station”.
- It will give you the information required budget, expenses, and profitability.
- It will provide you market-related information.
Key questions answered in the report: –
- What is the feasibility of starting Electric Vehicle Charging Station?
- What are the most important affecting factors for the automotive Industry?
- Which are the high growth market segments in the automotive Industry?
- What are the requirements for starting an Electric Vehicle Charging Station?
- What are the market forecasts and estimates from the period 2019-2022?
- What are the major drivers, trends, restrains, threats, and opportunities in the automotive Industry?
- Who are the major players in Electric Vehicle Charging Station market?
- How to get a loan or raise funds?
- All these and many more questions will be answered in these reports with detailed information.
Why one should get this innovative report?
- These are the most innovative reports which will help you take the decision about the business idea on the basis of information provided in.
- Most systematically researched and constructed the report.
- Prepared by experts and professionals from the industry.
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- You can ask for all the business planning reports related to the subject.
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- OR fill up the inquiry form.
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