A few examples of such companies are Ather Energy, Ultraviolette, Strom Motors, Emflux Motors, Gayam Motor Works. It’s also good to sell spare parts after importing from the manufacturing unitsĮlectric Vehicle Manufacturing - A new wave of start-ups have embarked on auto manufacturing, a space that has traditionally had large barriers to entry. A group of different charging stations might be installed together and localized repair and maintenance would be the best solutionĮlectric vehicle and Electrical vehicle charger spare parts manufacturing or selling is another business that can be started. If number of charging stations increase, the possibilities to start and run a complete charging station management is high. Home based charging stations, private charging stations are other opportunities in electrical car related business.ĮV charging station management and repair would be a profitable business. Electric car charging stations can be developed and installed as per the standards accepted in the area where it is installed. Most of the manufacturers concentrate in US and EUViewed from the demand side, the current demand for EVSE product is growing.Įlectric Vehicle Service Equipment (EVSE) Market Segment by Product Types considering Production of Level 1, Level 2, Level 3Įlectric Vehicle Service Equipment (EVSE) Market Segment by Applications considering Consumption of Home, Public Parking, Shopping Mall, Office Parking, Hotels, Otherįorecasts by Power Type (AC Power and DC Power), by Product (Portable Charger, EV Charging Kiosk, Onboard Charging Station and Others), by Charging Station Type (Normal Charging, Super Charging and Inductive Charging), by Application (Residential and Commercial).Įlectric car related business opportunity is EV charging station. As many Electric Vehicle manufacturers publish Electric Vehicle with EVSE, EVSE market will keep in rapid development.Viewed from the supply side, in the past few years, less company entered into EVSE industry. Meanwhile, the EV charging sector offers many opportunities for both small and large enterprises, which must also make big investments to reap the benefits.Įlectric Vehicle Service Equipment (EVSE) market kept growing in recent years. The sector of EV supply equipment (EVSE) manufacturers and solution providers must invest heavily. In 2018, the world's total power consumption to charge the stock of 4 million EVs came in at around 10 TWh (12,500 km/year on average per car consuming 20 kWh/100 km). This growth will be influenced by several factors, according to specialist firms and pacesetters in the sector. The total electric vehicle stock was forecasted to be 13 million (9.2% penetration), and this trend will continue to rise for decades. Now more than ever we realize how important is to care our environment. Although COVID-19 has impacted the current sales, it has also proved how big is the impact of the fuel road transport to the overall pollution. This trend was set to continue in 2021, with 4 million units (5% of all vehicles). Joint program with UPES and Academy of EV TechnologyĮV EVSE Business Management Course for EntrepreneursĮlectric Vehicle Charging Station Design, InstallationĮlectric Vehicle Charging Project Current growth predictionsįor 2020, before the COVID-19 crisis, the outlook for global growth stood at around 36%, with 3 million new unit deliveries. PG Program in Electric Vehicle Powertrain MSc Automotive Engineering for Electric Vehicles Masters Degrees (Electric Vehicles) Program Title