Written by admin

What You Need to Know About EV DC Fast Charger Costs

The number of electric vehicles purchased by consumers has been steadily climbing for some time now. Because more and more electric vehicles are being put into circulation, so, it’s a no-brainer that we will need reliable charging stations for electric vehicles.

This bodes well for entrepreneurs and would-be businesspeople who are eager to break into new markets.

Yet, many people have been dissuaded from getting into this industry due to the cost of installing electric vehicle charging stations and the general lack of information.

Of course, you cannot make your choice just based on what others say.

There are different factors that you need to consider before you reach any conclusion. And in this post, we shall discuss with you the things that you need to know about EV DC Fast Charger Costs.

Let’s get started….

DC Fast Charging Stations

The need for DC fast charging stations is quickly growing in response to the widespread adoption of electric vehicles (EVs). On-site DC fast chargers, also known as Level 3 chargers, are becoming increasingly popular among a variety of commercial and industrial establishments, including vehicle dealerships, fleet operators, and so on.

If you are ready to make the significant initial expenditure, installing a charging station for electric vehicles might turn out to be a rewarding business venture.

DC fast chargers are highly desirable because of the positive effects they have on user experience, customer satisfaction, and environmental friendliness.

EV DC Fast Charger Costs

The cost of buying a DC fast charger and/or having one installed is determined by a number of different elements. The following are the primary aspects to think about:

Charger Output Level

There are three different levels of electric vehicle charging, including Level 1, Level 2, and Level 3. There are substantial distinctions between each of the tiers of pricing. Yet, the charger’s power output and charging speed increase with increasing Level.

The highest output units can cost more than INR 12,50,000. There are certain chargers that are capable of providing service to two vehicles at the same time, while others may require extra dispensers or units in order to provide that level of convenience.

Existing Electrical Infrastructure

In order to acquire a DC fast charger for your location, you will need to take into account the existing electrical infrastructure at your location. Although DC fast chargers offer a quicker charge, they also demand a significant amount of additional power.

In order to work effectively, the vast majority of DC fast chargers require 380-400 V phase power.

There are a few DC fast chargers that are capable of operating on single phase or 208V/3-Phase, but the output of these chargers is limited to 50 kW or less.

And to install a high-power DC fast charger, you may need anywhere between 200 – 1000/v phase power.

Location

Where you want to locate your DC power station also plays a crucial role. The closer you are to existing electrical infrastructure, the lower your costs will be. Distance from the electrical panel increases the likelihood of cutting through concrete or walls, which raises project costs.

Operational Cost

Upkeep of hardware, software, infrastructure, and manpower will also be considered while you install EV DC Fast Charger. In addition, additional costs may be incurred if the utility company needs to be involved in order to bring additional power to the location.

So, all in all, it will cost you somewhere around 50 – 60 lakhs to set up an electric vehicle charging station, with one of each type of charger, on leased land. Although government subsidies may help with costs, entering this industry is not cheap.

If you’re looking for a company that could help you set up an EV DC fast charging station, then contact us. We can help you with everything you need to know about setting up your own station. Also, we will provide you with additional information regarding the government subsidies for which you could be eligible.

Know that selecting and installing DC quick chargers calls for an elevated level of both understanding and competence. So, to be sure that you’re on the right path, it’s crucial to have professionals by your side.

We at electriva charging specialize in DC fast chargers and can provide you with end-to-end solutions to meet all your needs.

Read More
Written by admin

Charging ahead: Getting Indian cities electric-vehicle ready

With the world’s half population residing in cities and growing steadily at a fast pace, the need for a greener planet is felt. Countries from all continents have pledged to reduce carbon emissions. Moreover, developing countries like India have adopted policies to promote Electric Vehicle usage. By 2030, there are expected lakhs of fast chargers to meet the changing demands of an increasing number of EVs.

Increasing population and pollution

By 2050, cities across the globe are expected to witness significant population growth by around 66%. Indian population residing in cities by that time will touch around 60%. However, cities comprise just two percent of the world’s landmass. It is likely to leave behind an enormous footprint concerning climate impact. This will mean, about two-thirds of global energy will be consumed while emitting 70% of carbon dioxide.

Meeting mobility challenges

India is known for its expansive landscape, thus making mobility a major challenge. By 2030, the vehicle population is also expected to witness a significant surge from 160 million units to about 550 million. India relies heavily on crude oil imports. About 80% of oil is imported from other oil-producing countries, thus spending $235 million. The question is how to ensure basic life quality and sustainable living.

Protecting the environment

The other concern is global warming whose effects are already being felt on almost all continents. India’s energy security can be improved by considering vehicular electrification and adopting cleaner transportation methods. This can provide a sustainable progress path, reduce greenhouse gases as well as ensure a conducive environment. Plug-in hybrid and battery EVs are slowly, but steadily gaining prominence as a mode of transportation.

Need for charging infrastructure

The EV segment is projected to have decent growth. It facilitates the development of an accessible and consistent network of charging stations on streets and homes. Electric Vehicles are enjoying increased sales these days due to increasing awareness among the public about their benefits. Also, battery prices are becoming cheaper with the usage of advanced technology. More ev charging stations in India are needed.

Promoting infrastructure

Improved air quality and lower maintenance costs are what attract potential users to capitalize on its benefits. An increased number of EVs on roads, of all types, will mean an increase in the need for public charging stations. Hence, cities should lay the essential groundwork to make the place ‘EV ready’. This way, the challenges of meeting energy demands by increasing the number of EVs can be met. 

Electrifying transportation modes

Developed nations have already started to support electrifying their transportation mode aggressively to counter carbon emissions. Taxis, carpools, and buses are all being electrified. The private sector has been investing in infrastructure development and public charging infrastructure. Parking facilities and commercial buildings are being roped in to support EVs. Favorable policies are desired to drive forward EV technology and battery. 

Increasing global EV sales

When sales of EVs are concerned, China is projected as the leader. 2018’s first quarter saw EV sales touching 142,445 which is a sharp increase of 154% over 2017’s initial quarterly sales. On the other hand, a 48% increase in sales was witnessed in Norway from 35%. Even in the U.K., sales have increased to 11%.

Facilities offered

The above countries are reported to have offered preferential access to EVs to enable safe parking facilities. Also are offered access to toll roads, carpool lanes, and bus lanes. Several cities and countries suffering from air quality issues are stated to exercise greater control concerning access offered to EVs, thereby enabling better promotion. 

Sales in India

India is projected to experience growth of 30% in 2 and 4-wheeler EV vehicles. This will mean these vehicles will require just 3 to 4 percent of the power generation that is used today. There might emerge additional requirements upon the available grids, for which concerns should be identified and sorted out. 

Charging needs

Short-range vehicles such as personal cars need a stable power supply. Hence, they can be charged at the convenience of a home setting. There will be needed proactive planning and analysis to avoid network infrastructure-related issues. Policy changes introduced can help the country to save about 64% of road-based mobility energy demands. Also can be reduced 37% of carbon emissions.

Saving resources

To achieve and surpass the set goals by 2030, the government and private sectors alike have to pursue, a connected, shared, and electric mobility future. It can help reduce annual petrol and diesel consumption by approximately 156 million tonnes. If crude oil is purchased at $52/bbl, then net savings will be roughly around $60 billion (3.9 lakh crore) in 2030.

Researches

Studies conducted have revealed that about 4,900 DCFC (Direct-Current Fast Charging) stations will have to be installed in Indian cities. Only 400 DCFC stations will be desired in interstate corridors. To promote EV sales, seamless charging stations will have to be developed in cities. Indian Cities that have been trying to get the future ready to match the needs of increasing needs of EVs are Mumbai and Delhi. 

Meeting Charging station requirements

There is a growing need to establish charging stations at different strategic locations spread across the city. It includes neighborhoods, highways, business hubs, and popular business hubs. Chargers installed here should monitor the charging status of the car’s battery as well as units consumed during charging. This can help boost EV sales considerably.

Future requirements

In the capital city Delhi, by 2030, there will be needed 300,000 fast chargers considering the increase in EVs by 30%. Taxis are likely to comprise around 12% and are expected to be the main users of these fast chargers. Hence, trying to match this increasing requirement will need an infrastructure investment of about $1 – $1.5 billion. 

Consider the costs

With the low penetration of EVs in the country, investing in fast-charging infrastructure is found to be a costly affair. Besides meeting standard costs such as operating costs and fixed assets, driving range, battery cost, charger cost, and charging technology have a greater say on infrastructure expenses. EV penetration pace in the country can be increased by mixing the ‘push & pull’ strategy.

Supportive government

To ensure an increase in Electric Vehicle sales and promote charging stations, the government needs to adopt a supportive ecosystem. It should also establish stringent regulations considering carbon emissions. There should be boosted both AC and DC charging stations to accommodate all types of Electric Vehicles.

Read More