Services

Electric Vehicle Charging Station

This project involves setting up an Electric Vehicle (EV) charging station to provide charging services for electric cars, plug-in hybrids, and other EVs. The station utilizes a combination of AC and DC charging hardware to meet varied vehicle charging requirements.

Project cost & finance

Cost of Project

figures in ₹ Lakhs

Building & Civil Work0
Plant & Machinery12.69
Furniture & Fixtures1.31
Working Capital3.33
Total17.33

Means of Finance

figures in ₹ Lakhs

Own Contribution1.73
Term Loan12.6
Working Capital Loan3
Total17.33

Raw materials & machinery

Machinery & equipment4

Manufacturing process

  1. Receive electrical power from grid into distribution and control panel.
  2. Transfer power to charging machines equipped with transformers and capacitors.
  3. User selects charging level (AC or DC) via interface.
  4. Control unit processor monitors battery characteristics to prevent damage.
  5. Power is converted/regulated based on battery requirements and delivered to the vehicle via charging cord and plug.

Market

The EV charging infrastructure market in India is anticipated to grow at a CAGR of over 40% during the 2019-2025 period, driven by government support and increasing EV adoption.

From the project report