Start An Electric Car Charging Station - Business Ideas

Updated: September 15th, 2022
Start An Electric Car Charging Station

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

As EVs become more prevalent on the road, we expect the demand for charging stations to increase. You may be interested in setting up electric vehicle charging stations at shopping malls, residential areas, and commercial centers.

The EV charging business is typically a low capital and operational cost business. The EV charging stations also require fewer human resources, and you can manage them with less intervention.

If starting the EV charging station business, choose convenient locations and a variety of chargers to suit the motorist’s needs.

Starting an electric car charging station requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell electric car charging station, or selling electric car charging station online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$162M
starting costs
$18.9K
gross margin
43%
time to build
270 days

Startup Costs

Min Startup Costs Max Startup Costs

Equipment & Supply Expenses

$66

$1,200

Retail Business Expenses

$1,250

$11,650

Inventory Expenses

$350

$14,750

Advertising & Marketing Costs

$75

$9,636

Software Expenses

$0

$425

Website Costs

$13

$215

Total Startup Costs

$1,754

$37,876

Successful Businesses

Business URL Rank

PlugShare

plugshare.com

91,321

Chargemap

chargemap.com

121,017

EV Solutions

evsolutions.com

248,237

Electrify America

electrifyamerica.com

320,821

Wallbox

wallbox.com

398,370

Plugless Power

pluglesspower.com

641,910

bp pulse

bpchargemaster.com

945,880

Wecharg

wecharg.com

1,613,716

EV Charging Installers of America

evcharginginstallers.com

2,034,163

ChargeNet NZ – Electric Vehicle Charging Network

charge.net.nz

2,415,194

Efill Charging

efillelectric.com

3,400,130

Pros & Cons

Pros Description

Rewarding work

Starting a electric car charging station can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Meaningful business connections

You never know who you will meet as a electric car charging station. This could be the start of an incredible business opportunity!

Daily physical activity

Electric Car Charging Station's typically involve a much greater degree of movement than other lines of work. Most days, you will spend your day walking, running errands for your business, and performing a multitude of tasks. This can have a positive impact on energy levels and your overall health.

Amazing perks and discounts

Working in the electric car charging station comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.

You are your own boss!

With starting an electric car charging station, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!

Local Community

One of the best parts of starting an electric car charging station is that you can develop a local following by selling your products at craft shows, farmers' markets, or even local storefront businesses! This gives you access to additional revenue streams and loyal customers.

Cons Description

Crowded Space

Competition is high when it comes to your electric car charging station, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Low margins

The gross margins for your electric car charging station are typically around 43%, which can make it more challenging to incur new expenses and maintain profitability.

High employee turnover

In the electric car charging station, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

Taxes

As a electric car charging station, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.