Buisness plan on Electrical Vehicle Charging Station

Entrepreneurship
Development
Microproject

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Buisness plan on Electrical Vehicle Charging Station

MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

MICROPROJECT
Academic Year: 2023-2024

Topic :- Business Plan on Electric Vehicle Charging

Station
Program:- Computer Engineering.
Subject Name:- Entrepreneurship Development
Course code:- 22032

Course:- CO6I

Prof . Prof. PROF.

[Name of Guide] [Name of HOD] [Principal]

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 Buisness plan on Electrical Vehicle Charging Station

MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

CERTIFICATE

This is to certify that Mr. . Roll No: of TYCO of Diploma in Computer

Engineering of Institute: MIT Polytechnic Pune (Code: 0148) has
completed the Micro Project satisfactorily in Subject :
Entrepreneurship Development For the academic year 2023-2024 as
prescribed in the curriculum.

Place :Pune Enrollment No:

Date: Exam. Seat No: --------

Subject Teacher Head of the Department Principal

(Prof .) (Prof ) (Prof . )

Institute

Seal

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Buisness plan on Electrical Vehicle Charging Station

MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

CERTIFICATE

This is to certify that Mr.. Roll No: of TYCO of Diploma in Computer

Engineering of Institute: MIT Polytechnic Pune (Code: 0148) has
completed the Micro Project satisfactorily in Subject: :
Entrepreneurship Development For the academic year 2023-2024 as
prescribed in the curriculum.

Place :Pune Enrollment No:

Date: Exam. Seat No: --------

Subject Teacher Head of the Department Principal

(Prof . ) (Prof. ) (Prof .)

Institute

Seal 3
Buisness plan on Electrical Vehicle Charging Station

MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

CERTIFICATE

This is to certify that Mr . Roll No: of TYCO of Diploma in Computer

Engineering of Institute: MIT Polytechnic Pune (Code: 0148) has
completed the Micro Project satisfactorily in Subject:
Entrepreneurship Development For the academic year 2023-2024 as
prescribed in the curriculum.

Place :Pune Enrollment No:

Date: Exam. Seat No: --------

Subject Teacher Head of the Department Principal

(Prof .) (Prof. ) (Prof .)

4
Buisness plan on Electrical Vehicle Charging Station

Institute

Seal

5
Buisness plan on Electrical Vehicle Charging Station

MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

CERTIFICATE

This is to certify that Mr . Roll No: of TYCO of Diploma in

Computer Engineering of Institute: MIT Polytechnic Pune (Code:
0148) has completed the Micro Project satisfactorily in Subject:
Entrepreneurship Development For the academic year 2023-2024 as
prescribed in the curriculum.

Place :Pune Enrollment No:

Date: Exam. Seat No: --------

Subject Teacher Head of the Department Principal

(Prof .) (Prof. ) (Prof .)

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Buisness plan on Electrical Vehicle Charging Station

Institute

Seal

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Buisness plan on Electrical Vehicle Charging Station

Index

Sr.No Content Page No.

1. Abstract 7

2. Introduction 7

3. Actual method 7

4. Output of the project 8

5. Micro-Project Proposal A 17

6. Micro-Project Proposal B 19

7. Conclusion 20

8. Evaluation Sheet 21

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Buisness plan on Electrical Vehicle Charging Station

1.0 ABSTSRACT

An overview of the present status and future trends in electric vehicle

technology is provided. The emphasis is on the impact of rapid development of
electric motors, power electronics, microelectronics, and new materials.
Comparisons are made among various electric drive systems and battery
systems. The market size of electric vehicles in the coming years and the
potential electric vehicle impacts are discussed

The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in
delivering an objective With an increasing quantity of people getting
connected to the Internet,
the security threats that generate massive harm are growing also
The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in
delivering an objective With an increasing quantity of people getting
connected to the Internet,
the security threats that generate massive harm are growing also
The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in
delivering an objective With an increasing quantity of people getting
connected to the Internet,
the security threats that generate massive harm are growing also
9
Buisness plan on Electrical Vehicle Charging Station

The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in
delivering an objective With an increasing quantity of people getting
connected to the Internet,
the security threats that generate massive harm are growing also
The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in
delivering an objective With an increasing quantity of people getting
connected to the Internet,
the security threats that generate massive harm are growing also
The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in
delivering an objective With an increasing quantity of people getting
connected to the Internet,
the security threats that generate massive harm are growing also
The term cyber security is utilized to refer to the security offered through online
services to guard
your online information. Cyber Security and Information Security differ
only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, and Compliance including Third
Parties involved in

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Buisness plan on Electrical Vehicle Charging Station

delivering an objective With an increasing quantity of people getting

connected to the Internet,
the security threats that generate massive harm are growing als
er Security and Information Security differ only in their response
and Reduction/Prevention. Cyber security encompasses all aspects of
security viz., Physical,
Technical, Environmental, Regulations, a
2.0 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

3.0 Actual Methodology Followed:

The process for this micro project is to make a power point presentation
showing business plan on Electric Vehicle Charging Station. We collect
information and organize by following points:
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. After all the corrections make a proposal.

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Buisness plan on Electrical Vehicle Charging Station

7. Then prepare a report on business plan on Electric Vehicle Charging Station.

8. Make a power point presentation on the business plan.

9. Make pdf of report and print it.

10. We learn more about business

4.0 Output of the project :

Business Plan on Electric Vehicle Charging Station.

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

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Buisness plan on Electrical Vehicle Charging Station

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.
Basic cost charges included are the cost of new electricity connection, civil
work, technicians and staff, maintenance, advertisement, promotions,
EVSE management software &integration, and land lease (if any

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 thevehicle 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 kwwith a 400 volt AC power supply. This type of

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Buisness plan on Electrical Vehicle Charging Station

charger is compatible with both AC and DC chargingsystems as well as with

vehicles with CCS plugs.

•Combined Charging System (CCS)- As the name suggests, these charges

have the capability tohandle Type 1 AC charging as well as Type 2 DC fast
charging. Combo charges can handle powerinput 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 directcurrent. Chademo is an abbreviation of 'Charge de
Move' and is widely accepted by over 70countries across the sphere.
•GB/T charger - This type of charger is recommended by
government of India. Bharat DC 001standard provides power output of
15 kw/ 72-200 V while Bharat AC 001 provides output of 10 kw/230 V.

Step- by-step guide to start EV charging business:

Electric car charging station business opportunity is amongst the top business
models in India. The number of electric vehicles running on the roads is
significantly more than the number of EV charge stations on the roads. Some
state governments have even declared to compulsory install charging stations in
commercial and residential complexes, and to reserve a specific percentage for
electric vehicles in such complexes. Here's all you need to know before starting
an EV charging station in your city. As already mentioned, you do not need any
license from the government to start this venture. But we suggest you to check
if your state government demands any local certifications. All you have
to look for is the minimum infrastructure required for setting EV Public
Charging Station (PSA).

Equipments required:
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Buisness plan on Electrical Vehicle Charging Station

•A transformer with subsequent substation.

•Civil works as required.

•Sufficient parking space.

•Minimum five ISO- certified charger types/ machines

•Minimum required safety equipments.

•A 33/11 KV cable with required equipment for metering and/ or termination.

Our Products and Services :

These are the products and services that will be made available to our
customers;

Providing fast charging system and battery swap for electric vehicles and
bikesSelling electric vehicle spare parts

Providing electric vehicles repair services

Providing wheel alignment, wheel balancing and vulcanizing

servicesRetailing of groceries, snacks and soft drinks et al

Our Mission and Vision Statement :

Our Vision is to operate chains of electric vehicle charging stations all across
major cities in the United States of America.

Our mission is to develop a highly successful and profitable electric vehicle

charging station business with state of the art facility and latest technology; a
business that will not only meet the needs of our clients but also supersede their
expectations.
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Buisness plan on Electrical Vehicle Charging Station

SWOT Analysis :

Starting an electric vehicle charging station is indeed capital intensive

especially for aspiring Entrepreneurs who may not have huge sum of money
saved up in a bank. We are aware that it will require loads of cash to set up a
standard electric vehicle charging station in Miami – Florida which is why we
decided to do all that is required to build a profitable business. One of the
tools that is required to position us in building a successful electric vehicle
charging station business is a SWOT Analysis. We hired the services of an
HR and Business consultant who is based in Miami – Florida to help us
conduct SWOT analysis for our company and he did a pretty good job for
us. Here is a of the result we got from the SWOT analysis that was conducted
on behalf of Stevenson EVC Station

Strength: centrally located along one of the busiest communities with

loads of electric vehicles and electric bike users in Miami – Florida; our
location is in fact one of our major strengths. Aside from the basic service that
we offer, we also offer complimentary services that most of our competitors
are not offering. So also, the vast experience of our management team will
count in our advantage, and our attendants are well groomed to handle
various classes of customers.

 Weakness: Our perceived weakness could be the fact that we are a new
EVC station, and we may not have the financial capacity to sustain the kind
of publicity that can give us leverage to start operating chains of EVC
stations in various cities in the United States as planned.

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Buisness plan on Electrical Vehicle Charging Station

Opportunities: We are centrally located in one of the busiest communities

in Miami – Florida and we are open to all the available opportunities that
the city has to offer. Our business concept also positioned us to attract people
who like doing their shopping, washing and servicing their electric vehicles in
EVC stations. Miami is one of the densely populated cities in Florida, and
indeed population translates to opportunities.

Threat: One of the major threats that confronts electric vehicle charging
stations all over the world is the fact that people have not fully embraced this
technology. Another threat that we are likely going to face is the emergence
of a new EVC station within the same location where ours is located.

MARKET ANALYSIS :

Market Trends:

One of the trends in the global electric vehicle charging industry is that in the
bid to stay afloat in this pretty green business, owners of electric vehicle
charging stations now go the extra mile to ensure that they make their
facility welcoming and conducive for customers. Electric vehicle charging
stations now have vulcanizing services, car wash, convenience stores,
coffee bars, snack bars, and cigar lounges within their facility so as to
leverage on the opportunities around them to generate more income. So also,
it is common to find electric vehicle charging stations partnering with electric
vehicle manufacturers in other to build and operate charging stations that
will be of international standards. In the United States and in most developed

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Buisness plan on Electrical Vehicle Charging Station

countries, it is now the practice for electric car manufacturers, charging

infrastructure providers, and regional governments to enter into agreements to
promote and provide public charging stations.

SALES AND MARKETING STRATEGY:

Providing fast charging system and battery swap for electric vehicles and
bikes

Selling electric vehicle spare parts

Providing electric vehicles repair services

Providing wheel alignment, wheel balancing and vulcanizing services

Retailing of groceries, snacks and soft drinks

Publicity and Advertising Strategy:

Place adverts on both print (community based newspapers and magazines) and
electronic media platforms

Sponsor relevant community programs

Leverage on the internet and social media platforms like Instagram, Facebook,
twitter, et al to promote our brand

Install our billboards on strategic locations in Miami – Florida and all around
major cities in the United States of America

Engage in roadshow from time to time in targeted communities

Distribute our fliers and handbills in target areas

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Buisness plan on Electrical Vehicle Charging Station

Position our Flexi Banners at strategic positions in the location where we

intend getting customers to start patronizing our products and services.

Ensure that all our staff members wear our customized clothes, and all our
official cars and trucks are customized and well branded

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 auto mobile 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. It is unquestionably understandable that
increased sales of such vehicles will demand more number of charging points.
Secondly, the government has issued infrastructure guidelines making it
compulsory to set an EV charging station at a distance of every 3 km in cities
and 25 km on national highways on both sides. It has also been made clear that
there should be such stations for long-range and heavy-duty vehicles at every
100 km on both sides of highway roads. But practically, our infrastructure
doesn't have even 1% of the stations required. Also, the government
of India has invited bids from companies as it is planning to install over
1000 EV charging stations by the year 2023. So, if you are a prudent far-sighted
entrepreneur with enough investment and patience, then EV charging stations
are a good setup to invest in.

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Buisness plan on Electrical Vehicle Charging Station

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

Micro-Project Proposal-A

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 Buisness plan on Electrical Vehicle Charging Station

❖ Project Problem Statement/title:- Business Plan on Electric

Vehicle Charging Station.

1.0 Brief Introduction: Product analysis involves examining product

options, costs, accessibility, quality, look and different aspects. Product analysis
is conducted by potential patrons, by product managers making an attempt to
grasp competitors and by third party reviewers. Product analysis may also be
used as a part of product style to convert a high- level product description into
project deliverables and necessities. It involves all facts of the merchandise, its
purpose, its operation, and its characteristics.

2.0 Aim of the Micro-Project :

 To know about the good and bad feature of product.

 To know the classification of good and bad features of product.

3.0 Action Plan:--

Sr Details of Planned Time Name of

No activity Start
Responsible
. Date
team member

1. Finalising the Topic 28/01/24 05 pm -06 By All Members

and Allotment of pm
Work.
2. Visit Various Sites 03/02/24 06 pm – By All members
and collecting 08 pm
information
3. Study on the 06/02/24 05 pm – By All Members
information of topic 06 pm

4. Collect information 26/02/24 05 pm – By All Members

about selected topic 06 pm

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 Buisness plan on Electrical Vehicle Charging Station

5. Arrange all data and 29/02/24 05 pm – By All Members

prepare report 06pm

6. Final submission /03/24 05 pm – Verified by All &Submitted

06 pm

4.0 Resources required :-

Sr. Name of Specification Quantity Remark

No. Resources/ma
terial
1. Computer System Processor i7
12 GB RAM,
2. Books Entrepreneurshi
p Development
and Other
reference Books
3. Web Browser Google Chrome

Micro-Project Proposal-B

❖ Project Problem Statement/title:- Business Plan on Electric

Vehicle Charging Station.

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Buisness plan on Electrical Vehicle Charging Station

1.0 Course outcome :

a) Use the support system to zero down to your business idea.

b) Develop comprehensive business plan.

2.0 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

3.0 Aim of the Micro-Project :

This Micro project aims that the Business Plan of Electric Vehicle Charging
Station

4.0 Literature Review:-

Conserving energy efficiently is becoming a challenging problem around the
globe, specifically in developing countries. One main reason is the lack of
awareness of end users (or consumers) about the usage of new and emerging
techniques and technologies which can be helpful in mitigating the afore
mentioned problem. This paper will present the state-of-the-art technologies
that have been proposed in the literature related to enable solutions for energy
conservation. This paper also highlights the details of infrastructure and
communication models used in the literature for implementing such enabled
applications. Based on the existing literature, this paper mentions areas that
need more attention and can serve as open issues or gaps for future research. In
the end, this paper presents our proposed model

5.0 Resources required :-

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 Buisness plan on Electrical Vehicle Charging Station

Sr.No Name of Specification Quantity Remark

. Resources/ma
terial
1. Computer System Processor i7
12 GB RAM,
2. Book Entrepreneurship
Development
and other
reference books
3. Web Browser Google Chrome

6.0 Skill Developed/learning out of this Micro-Project:

Many skills developed in us by doing this micro project. In that first business
plan about Electric VehicleCharging Station. From this project we learned
about the charging station

7.0 CONCLUSION

We conclude that, for a successful business start-up plan is very necessary.

Micro-project evaluation sheet

Ro Student Enroll Process Product Total

ll Name m ent Assessm Assessme Mar
no. number ent ks
nt (10)
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 Buisness plan on Electrical Vehicle Charging Station

Part Project Part Individual

A- Methodo B- Presentation
Project l ogy Project /Viva
Propas (2) report/ (4)
o al working
(2) model
(2)
15

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26

28

Comments about team work/leadership/inter-personal

communication (if any):
________________________________________________________________
____________________________________________________

Any Other Comment:

________________________________________________________________
____________________________________________________

Name and designation of the faculty member:

Prof. (Micro-Project Guide)

Signature: ____________________

Logbook of the Student (Weekly Work Report)

Academic Year: 2023-2024

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Buisness plan on Electrical Vehicle Charging Station

Name of Students :
Title of the Project : Need of Cyber security.

Course : CO6I Course-code: 22032 semester: 6I

(Name & Signature of faculty)

Prof.

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