The electric vehicle sector is booming, creating massive EV charging stations business opportunities worldwide. With 45.4% growth expected between 2022–30, the shift is undeniable.
Key EV Market Insights
- Approximately 1.5M of EVs were sold in India 2023.
- Three-wheel electric vehicles contributed to 45%.
- More people are embracing electric vehicles due to climate change and air pollution. It is the best choice compared to conventional engine vehicles.
- The evolution of battery technology also makes it a more affordable option.
Growing Charging Infrastructure
As more individuals switch towards electric cars, companies have to strategize their business according to the market. The increase in EV charging points in areas is also contributing towards its growth.
- Currently, India has 12,146 public Electric Vehicle charging points.
- It offers an enormous market opportunity for companies.
Industry Landscape
Makers like Tesla have changed the landscape of the industry by bypassing intermediaries and traditional dealerships. This means that the brands themselves could :
- Own, operate and control their chain.
- Manage retail outlets.
This article previews the most promising EV charging stations business opportunities in 2025 and how businesses can profit while supporting India’s clean mobility future.
Need for Electric Mobility & EV charging stations business opportunities
The rise of electric vehicles (EVs) is fueling massive EV charging stations business opportunities and creating a radical green shift in the automotive sector.
Market Growth
- EV Volumes, reached 14.1 million in 2023.
- This EV reference calls for a life cycle assessment (LCA) to comprehend it as a whole.
- In brief, it shows a necessary shift to enter sustainable transport.
Different governments globally have put in place stringent legislation to reduce carbon. They are attempting to make it convenient for consumers and manufacturers to convert to electric transportation.
There has been explosive growth in EV sales mainly due to Elon Musk’s best-known business, Tesla. Other prominent players include Ford and Volvo who made public statements that they will convert their products into electric in the very near future.
Governments are bringing in tax incentives and subsidies to enhance this shift. The future of transportation is electric but with increasing demand and a vibrant market something must be answered.
How do upcoming EV brands expand further and offer to buyers?
The answer is by establishing electric vehicle charging stations. We will know more about how companies can reap their desired outcomes.
Why EV Charging Station Business Opportunities Are Important for Growth
With the advancement of EVs and electric cars specifically, there is now a genuine need for electric car charging stations since it gives owners ease and convenience to charge their vehicle. It also serves as a way to assist in the acceptance of EVs instead of conventional transportation. These two products can also decrease carbon emissions and will promote sustainability in the entire world. There are several aspects for companies to consider.
- Insufficient robust networks of electric vehicle charging points can reduce EV take-up.
- It generates range anxiety and insufficient charging points among the owners.
- This can undermine various efforts ranging from decarbonizing the transport sector to fighting climate change.
Examples include
- Tata Power and ChargePoint. They have established a number of electric vehicle charging stations in India. These organizations saw the increasing needs for clean mobility options and are prospering.
- Tata enables individuals to locate the closest charging stations. It provides a hassle-free experience to them.
- Tesla has erected charging facilities. Its Supercharger network makes users travel long-distance without range anxiety.
Top EV Charging Stations Business Opportunities in India 2025
The electric vehicle charging station presents numerous opportunities for companies to expand even further. The opportunities are limitless, starting from deploying public charging stations and building fast-charging networks.
1. Charging Station Deployment and Operations – EV charging stations business opportunities
- As per Mordor, the EV charging stations market is expected to grow at 25% CAGR through 2029.
- The top states are Mumbai and Delhi with 3079 and 1,886[1] stations.
- Business has huge growth potential. They can grow in emerging Indian cities. Similar tier one and two – Bengaluru, Kolkata and Hyderabad, just to mention a few.
Strategies for Companies
- Invest in strategic locations to place charging points such as office parks, shopping malls, public parking areas and apartments
- Partner with EV manufacturers and property developers.
- Develop a network of charging points to serve the increasing base of EV consumers.
Examples
- Tata Power – deployed charging solutions across India for home, industrial and public spaces (including fast chargers).
- ChargePoint – provides solutions for businesses to install and operate charging stations, earning revenues via subscriptions and charging fees.
2. Energy Management and Grid Integration – EV charging stations business opportunities
The demand for energy management solutions in India is on the rise. Adoption of EVs is increasing and consumers are becoming sustainable conscious. Companies can make the most of this to expand responsibly and sustainably.
The market for energy management projects $239.2 millions in revenues in 2024 and is also projected to grow at an annual average growth rate 7.64% between 2024-2028.
Participate in grid integration services to increase utilization of renewable energy. It will balance the load on the grid and reduce the consumption of scarce fossil fuels.
They can provide smart charging facilities and energy storage systems to the owners of EVs. The most suitable option would be to install solar charging points for electric vehicles.
For instance, Mahindra Electric deals with electric vehicle charging solutions. It offers energy management systems and has solar charging solutions. This aids in stabilisation and grid load management.
3. Collaboration, Dealership & Franchise Partnerships – EV Charging Stations Business Opportunities
New ventures and new business people may collaborate or partner with already established industry players. Partnerships are essential for large-scale electric vehicle charging stations.
Companies can collaborate with electric vehicle companies, Government agencies, utilities and stakeholders. It will assist in enhancing the charging station installation process and can prove to be useful.
There are only a few examples of EV production companies. For example, Tata Motors, Hero Electrics and Ashok Leyland. They are building the foundation in India. They have set up franchise networks across the nation. Electric vehicle charging station dealerships are also provided by some of them.
It is anticipated to bring revenue and decrease the price of EVs. For instance, Hero Electric has more than 460 dealers, Greaves boasts 400+ franchises and Ather Energy has 36 dealers in India.
4. Value-Added Services – EV charging stations business opportunities
There is a need for electric vehicle charging stations and value-added services. Companies can focus on offering the support needed to keep electric vehicles running. They can attempt to differentiate their products or services in the market.
Complementary services also increase user loyalty and satisfaction. Such as valet parking and car wash. For instance, Exicom offers EV charging solutions. Including charging stations, accessories and new value-added items. The company provides electric vehicle charging station set-up, maintenance and support services. It also offers ancillary products such as charging cables and connectors.
How to Start EV Charging Stations Business Opportunities in India
The industry is expanding with sales of electric vehicles rising in India. It offers companies a great chance to stake their claim in the market. To open an electric vehicle charging station in India, there are several things you should consider:
- Approach electric vehicle manufacturers.
- Getting permission from the authorities to set up a charging station is required.
- Check the installation locations such as residential and commercial zones, major roads and highways.
- Ensure that you have an adequate electricity connection and charging needs. It will assist the charging stations.
- If you need 5KW more or load, the utility company will provide a 3-phase connection.
- You need-to-have items to install electric vehicle charging stations. Similar to charging station items, AC cable, etc.
- Don’t forget to perform the trial run.
Conclusion – EV charging stations business opportunities
In all, the electric future of transport is now under the spotlight. Indeed, companies investing in electric vehicle charging points will have a competitive edge. EV manufacturers can establish more powerful bonds with consumers. It will also enable them to promote innovation and accelerate the shift towards sustainability.
Service providers such as GrowthJockey offer innovative technologies to expand your online reach. They help brands create a digital strategy that aligns with consumer expectations. Industry leaders are starting to signal growth despite economic downturns and the chance for growth is significant.
The EV charging stations business opportunities will help you build profit and contribute to a green and sustainable future.
FAQs – EV charging stations business opportunities
What is a franchise model?
An EV charging franchise enables you to resell EV charging under a person’s brand. You are able to utilize their EV charging infrastructure, technology and assistance in exchange for you paying them a fee and potential royalties.
List the EV charging franchise cost
- AC slow chargers: ₹2-5 lakh
- DC fast chargers: ₹15-25 lakh
- Ultra-fast chargers / solar charging stations: ₹40-60 lakh
- Franchise fee: ₹50,000 – ₹2 lakh
Total investment estimate: ₹3 lakh – ₹70 lakh
Profitability & margins
Revenue from EV charging stations business opportunities mainly comes from charging fees per kWh/minute in India’s electric vehicle market. Net profit margins: 20%-50% depending solely on location, utilization & battery technology efficiencies
- Investment needed
- Small AC charger: ₹3-5 lakh Medium
- DC Fast charger: ₹20-30 lakh
- Highway/Ultra-fast or solar station: ₹50 lakh -₹1 crore
How to obtain a franchise in EV charging
1. Explore franchise-based EV charging stations business opportunities with companies like Tata Power, Fortum or Magenta.
2. Verify location & eligibility
3. Apply & submit business plan
4. Site inspection & approvals
5. Sign Franchise agreement
6.Install EV charging infrastructure (chargers, payment system, solar option)
7. Train staff & marketing
What are the EV charging opportunities in India?
High ROI EV charging stations business opportunities are emerging along busy roads, malls and city centers as demand continues to grow in India. Solar powered EV charging stations potentially control expenses and create sustainability prospects.
