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EV Charging Station Investment Brings Better Profits!

Maximize profits with EV charging station investment! Enter the thriving EV market and gain steady returns with sustainable, high-demand charging solutions.

ev charging station investment

Mr. Karthikeyan Santaram, Managing Director, Relux Electric In 2009, when I traveled to European countries, I noticed and was amazed at the electric car charging station there. In countries such as Switzerland and the Netherlands, a car can be charged at a public charging station for up to 40 minutes and parked outside. We can also spend our time effectively in the nearby shop or restaurant. I started “Relax Electric” charging station company in 2012 with the inspiration of bringing those model charging stations to Chennai as well.

This is a decision that is considered to be environmentally friendly and yet a service that will be in high demand in the future. Today “Relux Electric” is a company that is familiar to everyone who owns an electric car in Tamil Nadu by installing EV charging stations at more than 250 locations across India. Karthikeyan Shantharam, Managing Director of Relux Electric, gives hope that EV charging station will be the best business for those who want to start a new business today. He elaborates on this further.

“In 2009, we started an eco-tourism company called “Relux Holidays”. I am careful that whatever I do is environmentally friendly. For example, the car, pen, clothes, ATM card that I use are all non-polluting products.

Apart from that, according to the Indian census, 80,000 petrol units are needed for a 5-minute stop, and if you have to stop for 40 minutes to charge, think how many EV stations you need. We understand that the demand for this is likely to increase manifold in the future. Although initially the reception in Tamil Nadu was low, after 2019 the arrival of EV vehicles has increased the reception of our company across India.”

Company Executive Director Ravi Shankar said, “Relax Electric’s chargers are all based on the “Make in India” objective and 90% of the components are manufactured in India. The designs of its components are designed by ourselves and sourced from leading Indian manufacturers,” he said.Continuing, founder Karthikeyan Santharam said, “The installation of this EV charging station is also very easy. It doesn’t need space,staff and maintenance required for a like petrol station.

A home charging station can be started with an investment of just Rs.30,000 for single gun usage. A charging station can be started with an investment of 5 lakhs if it is a large business location. In this, you will get guaranteed income of 3 lakhs per month. The investment payback period for sure takes 3 years. The benefits of installing a charging station in front of their commercial building are not limited to just the revenue generated by charging vehicles. This is Allied Business. The reason is that if the vehicle takes 40 minutes to charge, customers will definitely use your commercial premises. Thus, installing a charging port is a double profit!We monitor every charging station we install 24/7. Customer service is available in 6 languages. It is designed with AI technology. So, any fault in the charging port will be reported to our head office. Our technical team will go and fix the problem directly within 48 hours of receiving the information.

So the first place we started in Tamil Nadu was Tiruvannamalai. Then we have successfully installed EV charging stations in Tirupati in Andhra Pradesh, Udupi in Karnataka, and Shirdi in Maharashtra. With these additions, we now have a total of 250 charging stations across India. In the next phase, we are planning to open EV truck and EV bus charging hubs on routes like Chennai-Tuticorin, Chennai-Bangalore, Chennai-Visagapatnam, Bangalore-Coimbatore. To make the EV station even more advanced and fast, our charge port gun is coming with DC power supply.

Using the “Relux Electric” mobile application, you can get the location of our charging stations in India and the route to get there. A major advantage of this is that the entire EV station is fully automatic, so there is no need for workers. Once in 3 months we will personally come and inspect. For those customers who think that there is not enough space to install an EV station, we will recommend the space ourselves. If you own your own place, our marketing team will approach you and explore everything from the layout of the place, budget, adequate electricity and whether it is a good place for people to come and go. Then they will suggest how many ports can be placed.

We offer investment incentives to encourage first-generation EV station entrepreneurs. This is also a great business idea for retired seniors as there is no need for a single person to monitor and maintain the station. The PM E-Drive scheme of the Union Government is also supporting the establishment of EV stations by providing excellent incentives. Starting an “EV station” would be the best decision if you think of it as a future profitable business and environment friendly activity,” he says with confidence.

For further details, Contact: 8825 80 8825

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Relux Electric

date: 2024/11/06

India’s Leading electric vehicle Charging Infrastructure Provider

Relux Electric

date: 2024/11/06

India’s Leading electric vehicle Charging Infrastructure Provider

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Relux steped into the business in 2009 & entered the EV platform in the year 2012 and started the field right from the sctrach and eventuallly became Pioneers in the industry.

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