What is the estimated cost of an Electric Vehicle charging station?
In India, Several variables, such as the kind of charging station, power capacity, location, and installation regulations, might affect the cost of installing an electric vehicle (EV) charging station in India. Installing an Electric Vehicle charging station can cost anywhere between Rs. 1.5 lakh to Rs. 20 lakh. This price covers the medium-scale infrastructure, charging software, and EV charging hardware. Comparatively, because of the disparity in output power offered by the chargers, installing an Electric Vehicle charging station at home is a more affordable option rather than installing a charging station for public use.
Cost to set up an EV charging station
Whether it is a Home Electric Vehicle Charging Station or a Public Electric Vehicle Charging Station, the setup cost differs. There are also three other Electric Vehicle charging types: Level 1, Level 2, and Level 3. Let's now examine the costs involved with installing charging stations in various places.
Home charger Installation cost
With output powers ranging from 3.3kW to 7.4kW, Level 1 AC chargers are the most widely used Electric Vehicle chargers for household usage. The IEC 60309 Industrial connection is what the government advises adopting to enable secure and dependable home charging of electric vehicles. This connector standard offers a safe and standardized connection for effective charging and is especially advised for home charging stations. Installing an electric car charging station at home might cost anywhere between Rs. 13,000 to Rs. 75,000, including installation and software.
Public charger Installation cost
In India, installing an Electric Vehicle public charging station normally costs between Rs. 10 lakhs and Rs. 20 lakhs. The installation of a 30/60kW DC fast charger, any required software, and minimal infrastructure are all included in this price. The entire cost of installing an Electric Vehicle charging station depends on a number of variables, including the amenities offered and the power output of the EV charger. Level 2 and Level 3 EV charging facilities are frequently seen in public areas.
Installation cost Breakup
Other Requirements
Setting up an Electric Vehicle charging station in India may need paying for extra infrastructure in addition to the cost of the EV charger. Here is an updated breakdown of additional expenses related to setting up an Electric Vehicle charging station:
- Rs. 5 lakhs to 7 lakhs for a transformer and wires.
- lease on the land for Rs. 15,000 to Rs. 20,000 per month
- Rs. 1 Lakhs to Rs. 2 Lakhs for civil works and Rs. 60,000 to Rs. 1 Lakhs for software for EV charging stations.
- The approximate total additional cost is Rs. 8 Lakhs to 9 Lakhs
It's vital to remember that the extra fees might change based on the charger level and station design. However, it's important to note that installing Level 1 and Level 2 Electric Vehicle charging stations at home often involves just minor extra expenses because the necessary facilities and infrastructure are frequently already there.