As you know, the electric vehicle (EV) market in India is experiencing significant growth and transformation. Now, the production and demand for electric vehicles are increasing rapidly. Along with that, the EV Charging Station demand is also increasing. For that, many EV Production companies have started the Charging Station Franchise for Electrical Vehicles. Here is India’s Top 10 Best EV Charging Station Franchise, which provides a profitable franchise opportunity. Here are the top 10 EV charging station franchises in India based on investment opportunities, growth potential, and market presence:
1-Tata power: Tata Power is the prominent entity in India’s EV charging infrastructure, operating under its EZ Charge brand. As of early 2024, Tata Power has established a robust network of over 4,900 public and semi-public charging points across more than 450 cities in India. They have installed over 62,000 home chargers and 430 bus charging stations. For growing the brand name, they provide the Franchise of the Charging Station as well, which is just done in the Investment of INR ₹30-40 Lakhs.
2- Charzer: The Charger is also one of the most renowned Electrical Vehicle Company. which is known for the best EV Chargers and Charging Station. They are a network of EV charging stations. Their first product is Kirana Charger which is India’s most affordable and scalable electric vehicle charging station.
3- Fortum India: If we talk about the franchise provider of EV charging stations, then you must be aware of Fortum India. It is rebranded as GLIDA and is a leading and important company in the EV charging infrastructure market of India. If you want to start your EV Charging Station, then you can easily open a Fortum India EV Charging Station under the investment of ₹8-10 Lakhs.
4- Charz Up ChargeUp is a comprehensive solution for corporate, public, and home charging. It consists of cutting-edge stations and related accessories, reliable management software, and services. It focuses on creating a sustainable charging network powered by green energy. The investment required is ₹10-15 lakhs, and the space needed is 250-500 sq. ft
5- Mass Tech- MASS-TECH was established in the year 1993 by Mr. Subhash Patil, who is an electrical engineer with the specialisation in Industrial Electronics & MicroProcessor control application. Over the years, Mass-Tech has established itself as a leading manufacturer of Industrial battery chargers and control panels. Now, Mass Tech is also providing a decent investment in the franchise of EV charging stations.
6-ABB India- ABB lays the foundations for a future of smarter, reliable, and emission-free mobility, accessible by everyone, everywhere. It offers one of the most profitable franchise ownerships for those, who are interested in starting the EV charging station. The ABB India EV Charging Station can be started in just investment of ₹8-15 Lakhs.
7- Exicom:- Exicom is another one, which provides special EV charging solutions for public and home use. It was founded in 1994, they provide multi-standard fast DC chargers supporting various standards. The franchise, with an investment of ₹10-15 Lakhs and a space requirement of 300-500 Sq. Ft. The company along with India’s goal of becoming an electric vehicle nation by 2030.
8-Alpha EV - Alpha EV is a well known EV Charging Solution provider brand in India. It is based in Pune and established in 2020, concentrates on producing EV charging stations. The franchise requires an investment of ₹10-15 Lakhs and a space of 400-500 Sq. Ft., emphasises the simplicity of life through widespread AC chargers across India.
9- Delta Electronics India- Delta Electronics India, the local arm of the world’s largest power management solutions company, the $11.2 billion Delta Electronics Inc, is planning to add manufacturing capacity in India by setting up more factories. It will be a profitable franchise, which can start with an investment of ₹5-10 Lakhs and a space requirement of 800-1000 Sq. Ft.
10- Okaya - Okaya EV Charging solution is one of the best EV Charging Solution providers, who is becoming on the path of a highly growing EV Charging Solution. Okaya’s franchise requires an investment of ₹15-20 Lakhs and a space of 300-600 Sq without revealing the franchising year. Ft.
However, these are the Top 10 Best EV Charging Station Franchise in India as per the Investment Cost and Profit Margin. These are the most powerful EV Charging Solution company,