A

Micro project report on

“Business Plan of EV Station”

SUBMITTED TO M.S.B.T.E., Mumbai

For the Award of

DIPLOMA IN INFORMATION TECHNOLOGY BY

Roll no Name of Student Enrollment no

28 Nikita Sudhakar Akhade 2210740532
57 Shraddha Girish Shaha 2110740570
75 Piyusha Ravindra Gaikawad 23212470513
80 Rudrani Pandhurang Kore 2110740105

UNDER THE GUIDANCE OF

Mr.A.N.Waghmode

DEPARTMENT OF INFORMATION TECHNOLOGY

NBA ACCREDIATED

SVERI’s College of Engineering (Polytechnic), Pandharpur

Gopalpur Pandharpur-413304
2024-25
AFFILIATED TO

M.S.B.T.E.
Evolution sheet for Micro Project

Academic Year:- 2024-25 Name of Faculty:- Mr.A.N.Waghmode

Course:- Information Technology Course code:- IF5I
Subject:- EDE Subject Code:- 22412
Semester:- V Scheme:- I

Title of Project:- Business Plan of EV Station

COs addressed by the Micro Project:

CO 1 Develop comprehensive business plans.

CO 2 Prepare plans to manage the enterprise effectively.

Comments/Suggestions about team work/leadership/inter-personal communication (if any)

Marks out
Marks out of 6 Total
of 4for
for marsk
Roll No Name of student performanc
performance out of
e in oral/
ingroup 10
Presentation
activity
28 Nikita Sudhakar Akhade
57 Shraddha Girish Shaha
75 Piyusha Ravindra Gaikawad
80 Rudrani Pandhurang Kore

Name and
Signature Mr.A.N.Waghmode
offaculty
 SVERI’s COLLEGE OF ENGINEERING (POLYTECHNIC), PANDHARPUR.

CERTIFICATE

This is to certify that the Project report entitled

“Business Plan of EV Station”

Submitted by

Roll no Name of Student Enrollment no

28 Nikita Sudhakar Akhade 2110740111
57 Shraddha Girish Shaha 2110740125
75 Piyusha Ravindra Gaikawad 2110740081
80 Rudrani Pandhurang Kore 2110740122

is a bonafide work carried out by above students, under the guidance of Mr.A.N.Waghmode and it is
submitted towards the fulfillment of requirement of MSBTE, Mumbai for the award of Diploma in
Information Technology at SVERI’s COE (Polytechnic), Pandharpur during the academic year 2023-2024.

(Mr.A.N.Waghmode)
Guide
(Mr.G.S.Misal) (Dr.N.D.Misal)
HOD Principal

Place: Pandharpur

Date: / /
  Acknowledgement

“Business Plan of EV Station”has been developed successfully with a great contribution of two
students in a period of two months. We like to appreciate their guidance, encouragement and willingness
since without their support the project would not have been asuccess. We would like to give our heartfelt
gratitude to Principal Dr. N. D. Misal, Guide Mr.A.N.Waghmode & HOD Mr.G.S.Misal who is the
supervisor of our project for helping and encouraging us in many ways to make our project a success.We
would never been able to finish our work without great support and enthusiasm from friends and support
from our family. We would like to thank the department of Information Technology, for giving us
permission to initiate this project and successfully finish it.
  Introduction:

The electric vehicle (EV) market is experiencing unprecedented growth, driven by increasing environmental
awareness, government incentives, and advancements in battery technology. As more consumers transition to
electric vehicles, the demand for accessible and reliable charging infrastructure becomes critical. Our proposed
EV charging station aims to meet this growing need by providing a convenient, user-friendly, and sustainable
solution for EV owners.
Located strategically in high-traffic areas, our station will offer fast charging options, exceptional customer
service, and amenities that enhance the charging experience. By capitalizing on the expanding EV market and
aligning with global sustainability goals, we aim to position ourselves as a leader in the clean energy sector.
This business plan outlines our vision, market analysis, operational strategy, and financial projections,
demonstrating how our EV charging station will not only generate profit but also contribute to a greener future.
We invite you to explore our innovative approach to electric vehicle infrastructure and join us in driving the
transition to sustainable transportation.
  Methodology:

Business Plan on Electric Vehicle Charging Station.

EV charging station, repair workshop and home charging station set up is undoubtedly a great proposal.
Electric vehicle (EV) charging companies are mushrooming ceaselessly. With the increased awareness
about the environment and the introduction of electric vehicles (including e-cars and e-scooters), electric
vehicle charging stations are on the list of top business opportunities in India for the decade. Likewise
opening a petrol pump or starting a biofuel station has an endless and everlasting business scope in India
as well as across the globe, EV charge stations are on their trail of capturing the global market in the
upcoming years.

What does an EV charging station do?

First of all, let's clarify the services provided by an EV charge station. You might have seen electric two
wheelers, cars, and e-rickshaws running on the city roads. But from where these vehicles get themselves
charged? Some people charge their e- vehicles at home. Like in the case of Tata Nexon EV, the company
itself installs the charging set-up at home without charging any additional fees. But all establishments
don't have a dedicated charging point at the parking lot with required essential security features. A
number of charging stations are required to provide on-road charging services.

Cost of setting up an EV charge station:

The cost of starting an EV charging station is very low as compared to other business set- ups. The
government of India has declared that no license is required for setting EV charging infrastructure,
provided that it complies with the standards as laid down by the 'Ministry of Power'. Thus, no separate
license is required for transmitting, distributing, or trading electricity for the purpose of charging batteries
of electric vehicles Thus; the cost of starting EV charge stations includes only set up cost which consists of
the cost of chargers, electricity, software, infrastructure, advertisement, manpower, and maintenance.
 Types of EV chargers:

There are three types of EV chargers:

• Type 1- It is a single-phase plug which can charge power level of up to 3 kw. It slowly charges the
vehicle from a home charging point converting AC power to DC.
• Type 2- It is a three-phase plug with the capacity to handle power level between 7.4 kw and 43 kw
with a 400 volt AC power supply. This type of charger is compatible with both AC and DC
charging systems as well as with vehicles with CCS plugs.
• Combined Charging System (CCS)- As the name suggests, these charges have the capability to
handle Type 1 AC charging as well as Type 2 DC fast charging. Combo charges can handle
power input of up to 350 kw.
• Chademo charger- It is a rapid charger with power input of up to 400 kw by 1000 V, 400 A direct
current. Chademo is an abbreviation of 'Charge de Move' and is widely accepted by over 70
countries across the sphere.
• GB/T charger- This type of charger is recommended by government of India. Bharat DC 001
standard provides power output of 15 kw/ 72-200 V while Bharat AC 001 provides output of 10
kw/ 230 V.

Step- by-step guide to start EV charging business:

Electric car charging station business opportunity is amongst the top business models in India. The number
of electric vehicles running on the roads is significantly more than the number of EV charge stations on the
roads. Some state governments have even declared to compulsory install charging stations in commercial
and residential complexes, and to reserve a specific percentage for electric vehicles in such complexes.
Here's all you need to know before starting an EV charging station in your city. As already mentioned, you
do not need any license from the government to start this venture.
  Equipment’s required:

• A transformer with subsequent substation.

• Civil works as required.
• Sufficient parking space.

 Our Products and Services :

These are the products and services that will be made available to our customers;

• Providing fast charging system and battery swap for electric vehicles and bikes
• Selling electric vehicle spare parts
• Providing electric vehicles repair services
• Providing wheel alignment, wheel balancing and vulcanizing services
• Retailing of groceries, snacks and soft drinks

 Our Mission and Vision Statement:

 Our Vision is to operate chains of electric vehicle charging stations all across majorcities in the
United States of America.

 Our mission is to develop a highly successful and profitable electric vehicle chargingstation business
with state of the art facility and latest technology; a business that will not only meet the needs of our
clients but also supersede their expectations.

SWOT Analysis:
Starting an electric vehicle charging station is indeed capital intensive especially for aspiring Entrepreneurs
who may not have huge sum of money saved up in a bank. We are aware that it will require loads of cash to
set up a standard electric vehicle charging station in Miami – Florida which is why we decided to do all that
is required to build a profitable business. One of the tools that is required to position us in building a
Successful electric vehicle charging station business is a SWOT Analysis.
We hired the services of an HR and Business consultant who is based in Miami Florida to help us conduct
SWOT analysis for our company and he did a pretty good job for us. Here is a of the result we got from the
SWOT analysis that was conducted on behalf of Steven son EVC Station
 Strength:

centrally located along one of the busiest communities with loads of electric vehicles and electric bike
users in Miami – Florida; our location is in fact one of our major strengths. Aside from the basic service
that we offer, we also offer complimentary services that mostof our competitors are not offering. So
also, the vast experience of our management team will count in our advantage, and our attendants are
well groomed to handle various classesof customers.

 Weakness:
Our perceived weakness could be the fact that we are a new EVC station, and we may nothave the
financial capacity to sustain the kind of publicity that can give us leverage to start operating chains of
EVC stations in various cities in the United States as planned.

 Opportunities:

We are centrally located in one of the busiest communities in Miami – Florida and we are open to all
the available opportunities that the city has to offer. Our business concept also positioned us to attract
people who like doing their shopping, washing and servicing their electric vehicles in EVC stations.
Miami is one of the densely populated cities in Florida, and indeed population translates to
opportunities.

 MARKET ANALYSIS :

• Market Trends:
One of the trends in the global electric vehicle charging industry is that in the bid to stayafloat in this
pretty
green business, owners of electric vehicle charging stations now go the extra mile to ensurethat they
make their facility welcoming and conducive for customers. Electric vehicle charging stations now have
vulcanizing services, car wash, convenience stores, coffee bars,snack bars, and cigar lounges within
their facility so as to leverage on the opportunities around them to generate more income.

So also, it is common to find electric vehicle charging stations partnering with electric vehicle
Manufacturers in other to build and operate charging stations that will be of international standards. In the
United States and in most developed countries, it is now thepractice for electric car manufacturers,
charging infrastructure providers, and regional governments to enter into agreements to promote and
provide public charging stations.
 Sales and Marketing Strategy

• Providing fast charging system and battery swap for electric vehicles and bikes
• Selling electric vehicle spare parts
• Providing electric vehicles repair services

 Publicity and Advertising Strategy:

• Place adverts on both print (community based newspapers and magazines) andelectronic
media platforms
• Sponsor relevant community programs
• Leverage on the internet and social media platforms like Instagram, Facebook,twitter, et al
to promote our brand
• Install our billboards on strategic locations in Miami – Florida and all around majorcities in the
United States of America
• Engage in roadshow from time to time in targeted communities
• Distribute our fliers and handbills in target areas
• Position our Flexi Banners at strategic positions in the location where we intendgetting
customers to start patronizing our products and services.
• Ensure that all our staff members wear our customized clothes, and all our officialcars and
trucks are customized and well branded.

 MARKET ANALYSIS :

• Market Trends:
One of the trends in the global electric vehicle charging industry is that in the bid to stayafloat in this pretty
green business, owners of electric vehicle charging stations now go the extra mile to ensure that they make
their facility welcoming and conducive for customers. Electric vehicle charging stations now have
vulcanizing services, car wash, convenience stores, coffee bars, snack bars, and cigar lounges within their
facility so as to leverage on the opportunities around them to generate more income.

So also, it is common to find electric vehicle charging stations partnering with electric vehicle
manufacturers in other to build and operate charging stations that will be of international standards. In the
United States and in most developed countries, it is now the practice for electric car manufacturers,
charging infrastructure providers, and regional governments to enter into agreements to promote and
provide public charging stations.
 SALES AND MARKETING STRATEGY:

• Providing fast charging system and battery swap for electric vehicles and bikes
• Selling electric vehicle spare parts
• Providing electric vehicles repair services
• Providing wheel alignment, wheel balancing and vulcanizing services

 Publicity and Advertising Strategy :

• Place adverts on both print (community based newspapers and magazines) andelectronic
media platforms
• Sponsor relevant community programs
• Leverage on the internet and social media platforms like Instagram, Facebook,twitter, et al
to promote our brand
• Install our billboards on strategic locations in Miami – Florida and all around majorcities in the
United States of America
• Engage in roadshow from time to time in targeted communities
• Distribute our fliers and handbills in target areas
• Position our Flexi Banners at strategic positions in the location where we intendgetting
customers to start patronizing our products and services.
• Ensure that all our staff members wear our customized clothes, and all our officialcars and
trucks are customized and well branded.
  Conclusion:

An electric vehicle charging station is equipment that connects an electric vehicle (EV) to asource of
electricity to recharge electric cars, neighborhood electric vehicles and plug-in hybrids. By strategically
locating our station and providing exceptional customer service and amenities, we aim to create a
welcoming environment for EV drivers. Our commitment to innovation and sustainability not only positions
us as a leader in the market but also contributes to a cleaner and greener future
 Reference:

https://www.smappee.com

https://www.atlassian.com

https://www.studocu.com