The Indian government has always taken up initiatives for the betterment of society and the nation. The adoption of electric vehicle technology is one such step to promote energy-efficient transportation by reducing carbon emissions. On the other hand, the incentives like tax credits, rebates, and access to high occupancy lanes are some of the incentives users can avail of by switching to electric vehicles. In addition, a cleaner and more sustainable future is likely to be attained through the setup of dc fast charging stations for EVs. Let’s unfold the aspects and essential highlights that will showcase the upcoming merits of electric vehicle charging stations in India.
The Role Played by electric vehicle dc charging Stations in India
In order to reduce pollution, Indian Government was looking for alternative sources of energy to sustain fuel efficiency. Since the level of air pollution and carbon emissions as a direct consequence has led to the alarming situation, the best possible solution had to be reflected. As a matter of fact, switching to electric vehicle charging infrastructure is a phenomenal process. Therefore, the paradigm shift in the sustainable alternatives to harness energy from regular sources of energy is currently leading to the setup of dc charging stations in India. These electric vehicle charging stations have led to e-mobility which further indicates the rise in cost savings due to the energy efficient model of transportation.
In addition, the charging requirements for electric vehicles are variable depending on the type of automobile. Whether it is a 2-wheeler, 3-wheeler, bus, or auto, the amount of energy in the battery packs requires a distinct amount of charging facilities in the EV. It is the growing interest of the Government of India in the electric vehicle charging ecosystem that the development of chargers, dc fast charging stations, and other services are being worked over in the past few years. Undoubtedly, electric mobility can be consistent and smooth when the EV charging infrastructure is strengthened.
Hence, EV charging stations for home and commercial purposes are being built in various Indian cities to refuel the automobiles of the users. Particularly, it should be noted that the five major categories, namely, EVSE or Electric Vehicle Supply Equipment, battery charging stations, captive charging stations, battery swapping stations, and public charging stations have been categorized by the Ministry of Power to facilitate sufficient refueling services. The whole idea behind the setting up of these dc charging stations is to create sufficient charging connectors for EV automobiles. In short, various schemes are being introduced by the Government to electrify passenger vehicles, commercial vehicles, private buses, and other EV automobiles.
Is investing in EV charging infrastructure in India profitable?
From the sustainability point of view, eco-friendly and energy efficient shift in the transportation sector, EV charging infrastructure is a positive change worth looking forward to. Furthermore, the fast dc charging stations will enable commercial and individually owned electric vehicles facilitated through advanced capabilities. It further implies that the increased demand for electric vehicles has led to dc fast chargers and charging stations becoming more profitable than petrol pumps. On a practical note, the initial cost of setting up the fast EV charging station can be high, but, the revenue and the returns yielded from it would definitely offer an upper hand to the service provider through the existing charging infrastructure.
Future of EV Charging Stations and sustainable business prospects
Apart from the charging infrastructure, the homeowners and commercial institutions are being empowered through their individual dc charging stations further keeping the EV recharged for uninterrupted performance. In terms of profitability, India is certainly making the most out of EV charging infrastructure as a business opportunity. The consistent growth of these charging stations is in turn offering eco-friendly and potentially profitable benefits to the automobile sector.
Benefits of installing dc fast charger for electric vehicle
Following are some of the benefits of dc fast charger for electric vehicles:
- DC chargers used for recharging the battery of electric vehicles have a bigger, faster, and more exciting breakthrough performance.
- These charging units refuel the car’s battery directly as they have a converter within the charger.
- Apart from having fast charging capabilities, the bi-directional charging facilities are also supported by dc charging stations.
- This fast charger is suitable for long-distance travel to restore the battery of EV-supported cars.
Seek assistance from Electriva for setting up EV fast charger for home or business
From the aforementioned information, it can be stated that dc charging stations have become one of the potential business opportunities in India while contributing to sustainable development. If you are not sure about charging infrastructure requirements or the setup details for the charging station, consult with Electriva. Our well-trained and highly qualified technicians will guide you as well as provide sufficient information to get a customized dc charging station installed on your premises.