Consider Fin-Tech, Dev-Ops point before  start to set up EV Public Charging Station(PCS) .Here are some points which needs further deep exploration under expert guidance.

1.Location at pre-existing & supplementing commercial premises: Select a Location having Sufficient parking space, Ready eatable, waiting hall & public  convenience with safety and ambience. There is rational Ev get charged while Ev owners/ passengers can utilise such charging time for having their Supplementing needs like eating/dine, shopping ,roam around, recreational activities etc. A Ev charging Infra start up must Prefer a Location either on outer skirt of Cities or on  National Highways, even connecting roads to a expressway are good enough to catch the charging business. One may start PCS within cities for Brand building , promotional & for horizontal expansion.

2.Opt for Least approval requirement: Usually One or two approval is required to open a EV charging station. It may require even up to 8 No. approvals /NOC if one starts a PCS on a fresh piece of land( ab initio),this will involve higher fees, more liaison work, developing civil work cost & time consuming. Such other non -core approvals/ NOC requirement may have concern ranging from bringing a startup into existence to specific nature ,location ,construction & operability of the premises. It is better to choose a location at pre existing business premises where almost all basic business setup approvals are already there . only one Nodal Approval required for set up charging stations is required .

3.Prudent Scale of CapEx : There is threshold limit of investment in Charging Infra, sync with present & upcoming Ev cars’ specs. Below a certain level of DC Fast Charger (DCFC) & associated power Infra can not supply fast charging to present Ev cars. Also charging time of 1^st Ev & waiting time by another Ev must have synergy with specs of DCFC required at a PCS. It is a complex analytical matrix to reach out Fin-Tech efficacy and level of Capital expenditure be done to open efficient PCS. Citing some variable of matrix are ; C-Rate, LiB Size of EV car, acceptance array SOC%, Concurrent / dynamic Charging size of  DCFC.

4.Capital Injecting Pattern: Own capital injection is desired as an investment into  this  project in the form of  equity. No debt procuring in initial phased is recommended by any expert into yet to be mature charging Infra. industry . Funding  through Bank Loan , Debt Venture capital are suggested at an expansion level or for scale up of operational , diversification only. Although subsidies are there but complex to avail .

  5.Capable to Seamless Operations: From the connecting changing Gun /start to charging session conclude , the juicing up operations must be smooth and hassle free for the EV owners. It needs matching communicating DCFC with EV and prepaid card based payment system . Many time charging gets stuck (even 5% worldwide)during charging session or at the time of connecting /sync to starting charging process takes place because of incapable, uninterrupted communication system at the station, not due to any fault in the Ev or DCFC.

 6.Capable to Charge Maximum spec EVs: A PCS must  have capability to charge up most of Ev visitors / customers. Right now in year 2022  ,most of Ev charging business (90% Ev are 30 to 40 Kwh) comes from mid & lower size of EVs in India . Besides this, upper high end Ev Car also there (50 to 100 kwh like Merc EQC ,Audi E-tron Jaguar I-pace  Ioniq-5 MG5.In coming years , same pattern of Ev launching (lower-mid Ev Car 20 to 50 kwh ) will be there ,as claimed by many EV Car manufacturers. It is not a goal of a start up to make itself able to  juice up all  categories of Evs , but to cater maximum business from charging of popular lower-mid segment of Ev. Same time Fast charging stations are mainly for Ev cars Buses not for 2/3 Wheeler, although one can matching chargers for them also as an Auxiliary service .In Business parlance no Business entity can serve all type of customers with all range of product available. same synergy is applicable to a PCS also.

7. 2/3-W Charging is not a Business but an auxiliary service : 2/3 Wheeler charging may provide an auxiliary income for existing Outlet or shops. Since Fixed operational expenses are same for charging a EV Car and for EV scooter. But Charging a scooters will generate income in whole day equal to charging a single EV Car. To provide charging to 2/3 E-wheeler along with Ev Cars is an associates /additional product-mix charging services. A prudent Business model always focus on max. probable categories to serve.

8.Maximum Tech-Fin efficacy:  is a very strategic concept and we had detailed report  and analysis on this synergy. In nut shell this is “Minimum investment to maximum spec & technology equipment” deployment  to make serviceability to matching electric vehicle of most abundant categories.Maximum efficacy  model are recommended with justification & futuristic approach. Otherwise mostly chargers will prove mere junk box, less efficient DCFC will not able to generate income in coming years when more advance EV with different C-Rate, LiB Size  will be launch.

By Team EV CharZo

( For more detail consult us , for Detail Project Report)