Ev Charging Station Good at Hotel, Dhabas on Highway but not at Fuel pump
13 September, 2022
30 to 60 min. charring time also for eatable intake required at highway journey. Electric vehicle fast charging time 45 min is average as on 2022 . The Size/Capacity of battery will be enhanced (Long Range) while fast charging time will be narrowed down due to technology up gradation . So synergies makes it generally at 30 minutes for some coming few years, while if future time to juice up an Ev will almost equal to filling time of ICE Vehicles. Except big cities where scarcity of space for opening new charging station could be problem, Fuel stations are good option to Install Charging Infra.
Petrol Pump Do not have eating ,resting & hang out time to spend while Ev getting charging
Supplementary to Fast Charging are those utilities / accompanying Business which also have same time spending & synergies. The Utilities spot Like fast food , food Plaza, Restaurants with hygiene public conveniences, a must required for long route journey .The EV Owners otherwise would have had to spend break time somewhere else, if Such Fast charging would not required. In this situations the EV owners/ drivers who are commuting or travelling on Highways or fetching passengers between two far city or destinations. Such travelling may take time 3 to 5 hours ,need to take Journey break / natures call or tea, coffee or light eatable or even time to Lunch or Dinner. Such time will be supplemented with Fast charging ,a diet for Electric vehicle too.
Matching EV charging tine at Restaurant, Fast-Food, Dhabas ( 30 min-1 hour) : Complementing and time utility synergies (Only Fast Charging) . In future, he Size / Capacity of Ev battery will be enhanced (Long Range) while fast charging time will be narrowed down due to technology up gradation . So synergies makes it 30 minutes (generally) for few years, while if future time to juice up an Ev will almost equal to filling time of ICE Vehicles.
Ev Charging Station open , Duo Investment Vs single investment : Duo charging and fueling is good combination for the existing fuel station. While at existing Business like Hotel or Dhabas , already might being working at cushion level of earning. At such place the charging business will provide additional footfall from the ev owners who come for charging may be avail eating facility while wait for time taken in charging vehicles. Same way charging station need to provide to Ev owners time spending sot or utility location
Ev Charging Infra : New entrant may take risk but Existing Fuel station will not
It is well understood fact, risk willing of existing business is less than a new entrant .If shift in industry trend or change in consumer`s taste is there, only then existing business takes risk to shift /switch over to service/ product mix. Such shifting takes place according to pace of change in demand .The existing fuel station think ,capital infusing will be in two front ( Amenities & Charging Infra ). While new startup takes full risk to penetrate the entry for reward of early bird`s bite. New Startup needs only one front CapEx towards Charging Infra, another is already existing Business premises.