Future of EV MarketAfter announcing massive renewable energy targets, the country has set yet another ambitious target - to move to 100 per cent electric vehicle (EV) sales by 2030. The National Mission on Electric Mobility Plan (NEMMP) is aimed at achieving the sale of 6-7 million hybrid and electric vehicles every year from 2020 onwards. As the Indian government gears up to aggressively promote electric vehicles across the country, companies that offer charging infrastructure have also been attracted to potentially one of the largest EV markets in the world.
From housing blocks to parking areas, it is clear that electric charging facilities will need to be widely available for this sector to take off. Charging stations for EVs can also be solar-powered.
Since 2014, Institute of Solar Technology a unit of Global Advanced Training & Education Traust providing successfully PV Solar Entrepreneurship training and now "Global Advanced Training & Education Traust" take mission to provide EV professional & entrepreneurship training.
The plan is to create a roadmap for solar-plus-EV technology.
"Particularly in a high solar resource country like India, it is a very good strategy for providing transportation," Sandalow said.Electric cars are seen as the sustainable future of transport. But they are only truly sustainable if the electricity used to charge them comes from sustainable sources and not from fossil fuels.
Opportunity landscape in EV business in India
Govt to allow individuals to set up electric vehicle charging stations without licenceSetting up public charging stations shall be de-licensed and any individual is free [to set them up], provided the stations meet the standards of the power ministry. A fast-charging station requires an investment of about Rs 25 lakh but a slow charging outlet would cost about Rs 1 lakh. "When EV sales pick up in about five years, an area of 3 km could require about 300 charging stations with about 4-5 charging slots," Praveer Sinha, chairman and managing director of Tata Power told.
EV technology is filled with technical
functionality that make a substantial difference how your customers
experience the service e.g. charging power, dynamic load management,
identification methods, electric security, capability for SW updates, connectivity
to back end systems etc.
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Charging technology is rapidly developing to meet the varied needs of the market with solutions such as smart charging and load management providing options for fleet operators and an alternative to expensive connection upgrades.
If you would like to start EV Charging business & learn more about launching successful EV charging service, Design, Site Assessment, Business guide must attent coming AEVT Training Session
Electric vehicles are becoming increasingly popular as consumers are looking for new ways to reduce rising fuel bills. Because of this, the demand for electric vehicle charging points is also increasing and this has opened up a lucrative new business opportunity for electrical contractors. This course will teach you how to install electrical vehicle charging points Among PEV industries, battery and charging infrastructure will likely generate the most new jobs.
Charging technology will continue to develop to meet the needs of the market with a number of technologies being trialled and reaching early market. The growth of the market serving EV infrastructure will accelerate in the years approaching 2030. This will impact suppliers of equipment, installation, analytics and operational services for EV charging infrastructure projects.
Electric Vehicles drive new business models in IndiaAs per the report, India, home to one of the largest 2-wheeler population in the world will witness a fast shift to EVs as it has the inherent advantage of easy charging.
The Next Big Business Opportunity: Electric Vehicle Charging Infrastructure
EV fueling can help retain current employees, attract new ones, and demonstrate corporate social citizenship.Installing EV charging stations can be a worthwhile investment that pays for itself in several ways.
Retail locations and parking garages offering charging stations can appeal to more customers and stand out from the competition.
EV Charging Stations are being installed on a regular basis in residential, commercial and industrial locations.
Installation shall be in compliance with Electrical Safety
A plug for home or workplace charging
A clear idea of the cost and time needed to charge