Costs for Setting Up EV Charging Stations
Cost of Setting Up EV Charging Stations The cost of setting up an EV charging station consists of two types of costs: Infrastructural Costs Charger Costs Infrastructural Costs for Setting Up EV Charging Stations The infrastructural costs consist of facilities, equipment, and land required for the charging station. The cost break-up for the same is given below: Requirement Cost Land Lease at INR 50,000 per month Rs. 6,00,000 Electricity connection, transformers, and energy meters Rs. 7,50,000 Civil Works Rs. 2,50,000 Maintenance and Technical team Rs. 3,00,000 Brand promotion and Marketing Rs. 50,000 Total Rs. 19,50,000 Please Note: The mentioned above are estimated. They may differ according to time and place. Charger Costs As per the government guidelines, public EV charging stations must have at least three fast (DC) chargers and two slow (AC) chargers. The cost of Level 1 chargers is comparatively low as compared to Level 2 and 3 chargers. The cost of different charger...