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Write a Business Plan on Electric Vehicle Charging Station
Session: 2024 – 25
By:
Shrish Mohan Rajankar
Government Polytechnic, Bramhapuri
Dist. – Chandrapur
Department of Computer Technology
This is to certify that the following student of this institute have carried out this
micro-project work on “Write a Business Plan on Electric Vehicle Charging
Station” under the guidance of Prof. Sarita.I.Bansod in the Department of
Computer Technology during the session 2024-25. This work has been done in
the partial fulfilment of the award for in Diploma in Computer Technology
from Maharashtra State Board of Technical Education, Mumbai.
Submitted by:
PARTGuide
Project A Micro- Head of Dept.
Pro
Prof. S.I.Bansod Prof. S.K. Kharkate
Part- A
1.Brief Introduction:
3. Course Outcomes:
4. 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 among end users (or consumers) about the usage of new and emerging
techniques and technologies that can help mitigate the aforementioned problem.
This paper will present the state-of-the-art technologies proposed in the literature
related to enabling solutions for energy conservation. It also highlights
infrastructure and communication models used in the literature for implementing
such 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.
Finally, this paper presents our proposed model.
5. Proposed Methodology:
To establish an effective and profitable Electric Vehicle (EV) Charging Station, a
structured approach is essential. The following methodology outlines the step-
by-step process for planning and implementing the business:
Step 1: Market Research & Feasibility Study
Analyse the demand for EV charging stations in the selected location.
Study competitor presence and pricing models.
Identify government incentives, subsidies, and regulations for EV
infrastructure.
Step 2: Business Planning & Financial Analysis
Define the business model (public charging, home charging solutions, or
battery swapping).
Estimate initial investment costs, operational expenses, and revenue streams.
Develop a pricing strategy for charging services.
Step 3: Site Selection & Infrastructure Setup
Choose strategic locations (highways, malls, offices, residential areas).
Secure necessary permits and approvals from local authorities.
Procure and install charging equipment (fast chargers, AC/DC chargers).
Step 4: Technology Integration & Smart Solutions
Implement IoT-enabled smart chargers for remote monitoring and payment
integration.
Develop a mobile application for users to locate and book charging slots.
Consider renewable energy integration (solar-powered charging).
Step 5: Marketing & Customer Acquisition
Promote through digital marketing, partnerships with EV manufacturers, and
local advertising.
Offer subscription plans or discounts for regular customers.
Ensure customer support services for seamless operation.
Step 6: Testing & Operational Launch
Conduct trial runs to ensure efficient charging services.
Monitor station performance, energy consumption, and customer feedback.
Officially launch and scale the business based on demand and profitability.
This structured methodology ensures a smooth setup, efficient operations, and
long-term profitability for the EV charging station business.
6. Resource Required:
7. Action plan: