Urban vs. Rural: The Best Spot for Your Charging Business

In the field of charging, the main focus is on making fast chargers even faster, so that people on the move, whether leaving the city or traveling on highways, can quickly charge their vehicles. We are working to reduce charging time and integrate it with eco-friendly electricity and renewable energy. These are some of the new technologies and innovations we are implementing.

Opportunities and the Need for Organized Planning in the Business

Shiraz Khanna, CFO of Exicom, mentioned that this is a good opportunity to enter the EV charging business. However, it is crucial to ensure that everything is organized and done with proper information.

• If a customer is coming from a far distance and has an app that informs them when a charger is busy or free and when they should arrive to charge, this will be very helpful for electric vehicle owners.

• Reducing charging time benefits both charging station owners and customers.

Eco-Friendly Support and Investment Plan

When starting a business like a charge point operator, it is essential to provide eco-friendly support so that customers and owners can benefit from fast charging.

• Location Selection:

o If you're opening a charging station in a main city, the rent can be expensive.

o In highway or rural areas, the rental cost may be lower.

• Cost and Return:

o The cost of electricity is more or less the same everywhere.

o If you open a station in a high-cost area, the number of vehicles coming for charging may be higher.

o Good utilization and footfall can result in a better return on investment.

Creating a Better Experience for Customers

Shiraz Khanna emphasized that our strategy is to provide customers with value and an excellent charging experience.

• New Technologies: As technology improves, we are striving to provide customers with better safety, convenience, and smooth charging experiences.

• Convenient Design: All new models are being designed in such a way that even a woman can easily pull down the charger and charge her vehicle.

Conclusion

These innovations and improvements in the charging field are designed to provide customers with a fast, safe, and convenient experience. With better technology and organized plans, this new era of EV charging is not only eco-friendly but also beneficial for both customers and business owners.