You are on page 1of 12

A

Micro Project
on
“Business Plan on Electric
Vehicle Charging Station”

Submitted in partial fulfillment of the requirement for the award of


Diploma of Engineering
in
Computer Engineering
by

40. JANIT SANDIL


41. VANSH SAWANT
53. AYAAN KHAN

under the guidance of

Mr. Akhilesh Gupta

Department of Computer Engineering


2021 - 2022
CERTIFICATE

VIVA COLLEGE OF DIPLOMA ENGINEERING & TECHNOLOGY


VIRAR (W)
2021-22
This is to certify that the micro project entitled “Business Plan on Electric Vehicle
Charging Station” has been submitted under the guidance of Mr. Akhilesh Gupta in
partial fulfillment of the requirement for the award of Diploma of Engineering in
Computer Engineering from Maharashtra State Board of Technical Education.

“Business Plan on Electric Vehicle Charging Station”


GROUP MEMBERS
40. JANIT SANDIL
41. VANSH SAWANT
53. AYAAN KHAN

Project Guide H.O.D


Mr. Akhilesh Gupta Mr. Nikhil Asolkar
INDEX

Sr. No. Name of the topic Page no.

PART –A PLAN

1 Brief Introduction 1
2 Aim of the Micro-Project 1
3 Resources Required 2

PART –B OUTCOMES

1 Brief Description 3
2 Aim of Micro-Project 5
3 Course Outcomes Integrated 6
4 Actual Procedure Followed 7
5 Actual Resources Used 7
6 Outputs of the Micro-Projects 8
7 Skill Developed/ learning out of this Micro-Project 9
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

PART-A PLAN
1.0 Brief Introduction
____________________________________________________
Globalization, liberalization and privatization along with revolution in information
technology have opened up new opportunity transforming lives of masses. In this
context, there is immense opportunity of establishing manufacturing, service,
trading, mark and consultancy enterprises by diploma engineer.
Our fast growing economy provides ample scope for diploma engineers to succeed
as an entrepreneur. Entrepreneurship requires distinct skills sets which are
attempted to be developed through this course.
To begin with, this course aims to develop the competency and the related
outcomes in order to start small enterprise.

2.0 AIM of Micro-Project


____________________________________________________
The main aim of the micro project is:
• To the Business Plan of Electric Vehicle Charging Station.

1
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

3.0 Resources Required


____________________________________________________
Sr. Name of Description
No. Resource
1. Google https://www.indiastudychannel.com/resources/180306-how-
to-start-an-ev-charging-station-business-in-india

2
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

PART-B OUTCOME

1.0 Brief Description


____________________________________________________
EV charging station, repair workshop and home charging station set up is
undoubtedly a great proposal. Electric vehicle (EV) charging companies are
mushrooming ceaselessly. With the increased awareness about the environment
and the introduction of electric vehicles (including e-cars and e-scooters), electric
vehicle charging stations are on the list of top business opportunities in India for
the decade. Likewise opening a petrol pump or starting a biofuel station has an
endless and everlasting business scope in India as well as across the globe, EV
charge stations are on their trail of capturing the global market in the upcoming
years.

What does an EV charging station do?

First of all, let's clarify the services provided by an EV charge station. You might
have seen electric two-wheelers, cars, and e-rickshaws running on the city roads.
But from where these vehicles get themselves charged? Some people charge their
e-vehicles at home. Like in the case of Tata Nexon EV, the company itself installs
the charging set-up at home without charging any additional fees. But all
establishments don't have a dedicated charging point at the parking lot with
required essential security features. A number of charging stations are required to
provide on-road charging services.

Cost of setting up an EV charge station:

The cost of starting an EV charging station is very low as compared to other


business set-ups. The government of India has declared that no license is required
for setting EV charging infrastructure, provided that it complies with the standards
as laid down by the 'Ministry of Power'. Thus, no separate license is required for
transmitting, distributing, or trading electricity for the purpose of charging batteries
of electric vehicles Thus, the cost of starting EV charge stations includes only set
up cost which consists of the cost of chargers, electricity, software, infrastructure,
advertisement, manpower, and maintenance. On average, the cost of setting an EV
charging point is between Rs. 1,00,000 and Rs. 45,00,000 depending upon the
types of chargers you are going to install.

3
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

Types of EV chargers:

There are three types of EV chargers:


• Type 1- It is a single-phase plug which can charge power level of up to 3
kw. It slowly charges the vehicle from a home charging point converting AC
power to DC.
• Type 2- It is a three-phase plug with the capacity to handle power level between
7.4 kw and 43 kw with a 400 volt AC power supply. This type of charger is
compatible with both AC and DC charging systems as well as with vehicles with
CCS plugs.
• Combined Charging System (CCS)- As the name suggests, these charges have
the capability to handle Type 1 AC charging as well as Type 2 DC fast charging.
Combo charges can handle power
input of up to 350 kw.
• Chademo charger- It is a rapid charger with power input of up to 400 kw by 1000
V, 400 A direct current. Chademo is an abbreviation of 'Charge de Move' and is
widely accepted by over 70 countries across the sphere.
• GB/T charger- This type of charger is recommended by government of India.
Bharat DC 001 standard provides power output of 15 kw/ 72-200 V while Bharat
AC 001 provides output of 10 kw/230 V.

Is it profitable to start an EV charging business?

EV home charging and public charging setup business are one of the best business
opportunities in India. Though the customer category still relies and depends upon
the traditional auto industry, EV automobile industry is the next generation
preference. The government has also taken various initiatives to promote the
sale of such vehicles. GST on electric vehicles and their batteries has been reduced
to 5%. Income tax benefits are provided up to Rs. 1,50,000 on the interest rate
paid on their loans. Other than this, state governments provide additional benefits,
like exemption on road tax, registration fees, stamp duty, electricity tax etc.

4
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

EV charging station franchisee in India:


You can also get dealership and join hands with a reliable partner for
this infrastructure. Some of the big EV
charging stations franchisee opportunity providers are:
• Tata Power.
• Panasonic.
• Charge + Z.one.
• NDPI Electric India Pvt. Ltd.
• EV Plug India.

2.0 AIM of Micro-Project


____________________________________________________
The main aim of the micro project is:
• To the Business Plan of Electric Vehicle Charging Station.

5
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

3.0 Course Outcomes (CO)


____________________________________________________
a) Use the support system to zero down to your business idea.
b) Develop comprehensive business plan.

4.0 Procedure Followed


____________________________________________________

Following were the steps that we had followed:

1. Collect the information on business plan.


2. Collect the information on charging station.
3. Show the information to faculty.
4. Learn about business.
5. First make a raw report and then correct it.

6
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

5.0 Resources Used


___________________________________________________
Sr. Name of Description
No. Resource
1. Google https://www.indiastudychannel.com/resources/180306-how-
to-start-an-ev-charging-station-business-in-india

7
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

6.0 Outputs of Micro-Projects


____________________________________________________

8
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.
Business Plan on Electric
Vehicle Charging Station. EDE, 22032, Sem VI

7.0 Skill Developed


____________________________________________________
Thus, we conclude that, for a successful business start-up plan is very necessary.

9
VIVA COLLEGE OF DIPLOMA ENGG & TECH, COMPUTER ENGG.

You might also like