10 Best EV Charging Station Franchise Options in India

EV Charging Station Franchise

India is rapidly progressing towards electric vehicles. Increasingly the population is purchasing electric cars, bikes, and scooters. This would require additional charging stations all over. The ev charging station franchise is a good business concept at this moment. This business is being subsidized by the government and people should see charging stations on every city and town. An charging station franchise is equivalent to a petrol pump of electric cars. The company installs their charging points with your assistance and you make money when people charge their vehicles. It is a new business that is developing and has a promising future. A lot of large firms seek business partners to establish charging stations in India.

In this paper, we shall discuss the EV charging station franchise options that are best in India. We are going to clarify all that in a simple language and anyone will be able to begin this business.

Why EV Charging Stations Are a Smart Franchise Opportunity

1. Expanding Electric Vehicle Market: Every day, there are an increasing number of people purchasing electric vehicles, so the charging stations will be required more.

2. State subsidies: State subsidies are being offered by the Indian government to individuals interested in establishing charging stations businesses.

3. Low Competition at the Moment: There are not numerous charging stations yet and therefore beginning at this time will give you an edge on the market.

4. Constant Income: Individuals will pay their vehicles on a regular basis and this implies that you will get a constant income on a monthly basis.

5. Future-Proof Business: The future of Businesses is electric cars, and this business will continue to expand over the years.

What Is an EV Charging Station Franchise?

The franchise model of an ev charging station is a business association with a charging station making or operating company. When you acquire their franchise you operate their charging station under their brand name, technology and support. The firm offers charging equipment, software and training to you. Space and investment are provided by you. Individuals arrive at your station charging their electric cars and you make money with each charging service. The franchise firm charges a minimal fee and you retain the rest.

This can be compared to petrol pump franchise which is electric vehicle based. It is simple to start this business with no technical skills about electric cars and charging devices because the ev charging station franchise model attracts everyone to get into the business venture.

How EV Charging Station Franchise Works in India

  • Select a Franchise Company: Select any franchise company of charging stations according to their terms, support as well as reputation.
  • Apply and Get Approval: You fill in an application, including your location and investment capacity, then wait to be approved by the company.
  • Sign Agreement and Pay Fees: Once approved, you sign a legal document and deposit the franchise fee and start up investment.
  • Charging Equipment Installing: The company installs payment systems, software, and charging machines in your premises.
  • Open the doors and make a profit: When all is perfect, you open your charging station and earn money from clients who charge their cars.

EV Charging Station Franchise Cost in India

Cost ComponentAmount Range (INR)Details
Franchise Fee₹50,000 – ₹5,00,000One-time fee paid to the franchise company for brand rights
Charging Equipment₹2,00,000 – ₹15,00,000Cost of chargers (AC/DC), depends on number and type
Civil Work & Installation₹1,00,000 – ₹5,00,000Electrical setup, foundation work, shelter construction
Land/Space Cost₹0 – ₹50,00,000Own land costs nothing, renting costs ₹10,000-50,000/month
Electricity Connection₹50,000 – ₹3,00,000High-capacity electricity connection from power company
Software & Maintenance₹20,000 – ₹1,00,000/yearApp, payment gateway, and annual maintenance charges
Working Capital₹50,000 – ₹2,00,000Initial money for electricity bills and daily operations
Total Investment₹5,00,000 – ₹80,00,000Complete cost depends on location, charger type, and scale

Best EV Charging Station Franchise Options in India

1. Tata Power EZ Charge

Tata Power EZ Charge - EV Charging Station Franchise

Tata Power EZ Charge is a franchise network of ev charging stations which is the biggest and most reliable in India. Tata power is a household name in the Indian power industry and they have put up thousands of charging points within the country. They provide good services to franchise partners in terms of training, technology and marketing provisions. The company contains AC as well as DC fast chargers.

They have a mobile application through which customers can locate charging points, reserving slots and payment. Tata power collaborates with housing societies, malls, offices, and highways in order to install charging points. Their network is expanding very rapidly and is available in a majority of large cities.

  • Investment Needed: ₹5,00,000 – ₹15,00,000
  • Earning Potential: ₹30,000 – ₹1,50,000 per month
  • Charging Points: 10,000+ across India
  • Website Link: https://www.tatapower.com/ 

2. Jio-bp Pulse

Jio-bp Pulse - EV Charging Station Franchise

Reliance Jio and British Petroleum (bp) have a joint venture called Jio-bp pulse. This ev charging station franchise is a combination of digital power of Jio and worldwide energy experience of bp. They are installing charging points in Jio-bp petrol pumps and other points in India. Modern technology, digital payment systems and good brand recognition are opportunities offered by the company. Jio-bp Pulse can be said to concentrate on giving solutions of fast charging and good customer service.

They are planning to put in place thousands of charging points in the coming years. They have a great financial support and resources as part of the Reliance group. Their franchise model will ensure good profits are made by the partners.

  • Investment Needed: ₹8,00,000 – ₹20,00,000
  • Earning Potential: ₹40,000 – ₹2,00,000 per month
  • Charging Points: 500+ (expanding rapidly)
  • Website Link: https://www.jiobp.com/products-and-services/EV-charging 

3. Adani Total Energies EV Charging Franchise

Adani Total Energies - EV Charging Station Franchise

Adani Total Energies is a joint venture between Adani Group and a French energy company, Total Energies. This ev charging station franchise is an amalgamation of Indian market experience as well as global technology. They are also establishing charging points at their fuel retail stores and other strategic places. The company has regular and fast charging services. They offer full assistance such as site selection, installation and maintenance. Adani Total has robust financial capacity and believes in developing a huge charging network.

Their franchise partners are enjoying the advantage of Adani brand name and professional management systems. The company targets highway corridors and urban centers as the most effective areas to reach the customers.

  • Investment Needed: ₹10,00,000 – ₹25,00,000
  • Earning Potential: ₹50,000 – ₹2,50,000 per month
  • Charging Points: 300+ (growing fast)
  • Website Link: https://www.adani.com/ 

4. Statiq EV Mitra Franchise

Statiq EV Mitra Franchise - EV Charging Station Franchise

Statiq is an Indian based company specializing in EV charging. They have a franchise program of ev charging stations known as EV Mitra that targets small and medium investors. Statiq is well-technology-based and has a convenient mobile application as well as smart charging systems. They operate in residential compounds, offices, restaurants and shopping establishments. The company offers an option of flexible franchise with varying investment levels. Statiq has good revenue sharing models and open terms of business.

They possess a young and vibrant team, which gives prompt assistance to franchise partners. They are geared towards creating EV charging that is affordable to all. Statiq has particularly gained popularity in Tier 2 and Tier 3 cities.

  • Investment Needed: ₹3,00,000 – ₹10,00,000
  • Earning Potential: ₹25,000 – ₹1,00,000 per month
  • Charging Points: 7,000+ across India
  • Website Link: https://www.statiq.in/ 

5. ChargeZone

ChargeZone - EV Charging Station Franchise

ChargeZone is a new competitor in the Indian electronic vehicle charging market. This ev charging station franchise is cheap as a means of people opting to begin small. ChargeZone deals with supplying quality charging devices at good rates. They are partnering with a number of vehicle makers and fleet operators. The company provides AC and DC charging solutions that can be used in the various electric vehicles. ChargeZone offers customer care training, installation services and software systems.

They have a flexible business model which means that franchise partners can begin with even a single or two charging points. They are heading the network in residential locations, commerce complexes, and parking lots in Indian cities.

  • Investment Needed: ₹4,00,000 – ₹12,00,000
  • Earning Potential: ₹30,000 – ₹1,20,000 per month
  • Charging Points: 2,000+ locations
  • Website Link: https://www.chargezone.co.in/ 

6. Bharat Charge

Bharat Charge - EV Charging Station Franchise

Bharat Charge is striving to bring a charging network that is affordable to every Indian. This ev charging station franchise targets the low-end segment providing low cost solutions. They have charging stations and they are compatible with any form of electric vehicles such as two-wheelers, three-wheelers and cars. Bharat Charge focuses on no-hustle, low-leadership operations. The company has franchise partner and staff training programs.

They have created easy types of payment methods, which are applicable even in places with low internet connection. The market that Bharat Charge targets specifically is semi-urban and rural markets where EV uptake is only starting. They have a low investment franchise model that a number of other companies would not have.

  • Investment Needed: ₹2,50,000 – ₹8,00,000
  • Earning Potential: ₹20,000 – ₹80,000 per month
  • Charging Points: 1,500+ points
  • Website Link: https://www.bharatcharge.com/   

7. Zeon Charging

Zeon Charging - EV Charging Station Franchise

Zeon Charging is a modern ev charging station franchise company, technology orientated. They also provide intelligent charging points that have other high-level features such as remote monitoring, automatic billing, and energy control. Zeon offers both software and hardware to the franchisees. The company also has affiliations with the electric vehicle makers and provides special charging prices to their customers. Zeon aims at delivering a high level of customer experience by using the mobile application and a 24/7 support system.

They assist the franchise partners in the selection of the appropriate location and market analysis. Zeon is growing in urban cities and major highways. Their charging stations are reputed to be reliable and quick charging.

  • Investment Needed: ₹5,00,000 – ₹15,00,000
  • Earning Potential: ₹35,000 – ₹1,40,000 per month
  • Charging Points: 800+ locations
  • Website Link: https://zeoncharging.com/ 

8. Battery Smart

Battery Smart - EV Charging Station Franchise

Battery Smart is a different process compared to conventional charging stations. This is an ev charging station franchise that specializes in electric two-wheelers and three-wheelers battery swap. Customers do not even have to wait to be charged, instead they replace their empty battery with a fully charged one. This would take not more than 2-3 minutes as opposed to hours of charging. The battery smart is ideal in the delivery rider, taxi drivers and commercial vehicles operators who require fast turnaround.

The franchise partner operates a battery swapping station where the customers get to swap the batteries. The batteries, swapping devices, and technology enhancements are offered by Battery Smart. The model is effective in crowded cities. The company is expanding at a quick pace in major cities.

  • Investment Needed: ₹6,00,000 – ₹18,00,000
  • Earning Potential: ₹40,000 – ₹1,60,000 per month
  • Charging Points: 600+ swap stations
  • Website Link: https://www.batterysmart.in/ 

How to Apply for EV Charging Station Franchise

1. Research and Select Company: Research on various ev charging station franchises company sites, compare their conditions, and select the one that suits your budget and location.

2. Fill Online Application Form: In the majority of companies, you fill in the application form online, in which you enter your personal information, place of location, and the amount of money you are willing to invest.

3. Provide Necessary Documents: Make and hand in paper work such as ID proof, address proof, land ownership documents and business registration certificates.

4. Attend Meeting or Interview: You will be contacted by the franchise company to attend a meeting to discuss the business opportunity and ensure you are what they are looking at.

5. Sign Agreement and Start Setup: Once approved, sign the franchise agreement, pay the fees and proceed with the installation with the aid of the company.

Profitability, ROI & Business Viability

  • Good ROI: It takes most ev charging station franchise enterprises 2-4 years to break even with their investment, again, depending on location and traffic.
  • Several Revenue Sources: You make money through charging per user, ad spot in the station, and occasionally selling accessories and snacks of EVs.
  • Gaining Customer Base: The more people purchase electric vehicles on a monthly basis, the more your customer base will expand automatically without additional marketing efforts.
  • Low Operating Costs: Once it has been set up, electricity is the primary cost, and the maintenance costs are rather low in comparison to other businesses.
  • Long Term Business: This is a long term business with the same growth because electric cars will not go away in the next 20-30 years.

Government Policies & Incentives

  • FAME II Subsidy Scheme: The government subsidises the infrastructure in India through a scheme called Faster Adoption and Manufacturing of Electric Vehicles (FAME II Subsidy Scheme).
  • Support Programs at State Levels: Numerous state governments provide other subsidies, tax credits and discounted land to ev charging station franchise enterprises.
  • Streamlined Liability: Governments are facilitating the ease of acquiring electricity connections and approval of charging point with one- window clearance systems.
  • Tax Benefits: The commercial EV charging business has a reduced electricity tariff and the GST benefits in some states to attract more entrepreneurs.
  • Mandatory Charging Points Policy: EV charging points should be present in new buildings, malls and commercial complexes, which will establish demand of guaranteed franchise business.

Conclusion

One of the best business solutions in the current day is to start an ev charging station franchise in India. The EV revolution is currently taking place, and the charging infrastructure is in great demand. You can pick Tata Power, Jio-bp, Adani, Statiq, or any other ev franchise, you are entering a market with great potential growth in the future. In India, there are millions of cars that will go electric in the next several years. All electric cars require charging and that is where your business comes in. You open an ev franchise today and you are at the head of a sea change in Indian transportation. Electric is the way to go and your charge station can be a lucrative aspect of the future.

The correct ev charging station franchise partner, invest eye-wisely, identify an appropriate site, and begin your new adventure in a good venture. EV charging stations in India have a bright future!

FAQs

What is the initial capital to open an EV charging station franchise?

You will require 3-25 lakhs or so based on the company that you select and the number of charging points that you wish to have installed.

How profitable will an EV charging station be?

The earnings will vary between 20,000 and 250,000 monthly, depending on location, chargers, customer traffic, and franchise of choice.

Would I require technical skills to operate this business?

No, training is offered, technical assistance is given and all the intricate technology aspects are taken care of by the franchise companies.

What type of place would be most appropriate to an EV charging station?

The best places are highway stops, shopping malls, apartment buildings, office parks, and heavily trafficked commercial places with parking space.

What is the duration of the charger station set up?

Once approved, installation and commencement of operations normally takes 2-4 months depending on location and approvals.