The future of conveyance is green. The change to Electric Vehicles is fastening up and this enforces a need for robust and EV charging infrastructure.
For an EV fast charger manufacturer like us, we are thriving to educate people on the umpteen benefits of EV charging stations for the business. The motive is to bolster EV infrastructure in a fast adopting country like India.
Without any further ado, let us straight move to the benefits of EV charging station installation for business:
Contribute to building in EV infrastructure
EV charging station provider also facilitates cloud-based app connectivity so that EV owners can locate nearby charging stations for ease of charging. It in turn benefits these charging station businesses who can acquire footfall of local EV consumers. Furthermore, it adds to the purpose of building a widespread EV charging network. Thus, it gives EV charging businesses a greater motive along with profitability. Lastly, EV charging manufacturers like Griden provide ongoing support for the setup and maintenance of charging stations so that you can continue to leverage business profits without any hassles.
Appeal to employees
A major part of a working professional’s day is spent at his/her office. Electric vehicle charging station installation in corporate premises can help attract a good workforce that shares the same zeal for technological advancement and sustainability. It largely adds more stars to your business and makes your employees stay with you longer for the convenience you offer. It saves their time going back and forth to EV charging stations especially if they don’t have one at their home.
Tax exemptions
The GST rate for electric vehicles is decreased to 5%, after the announcement from the Ministry of finance. The govt also grants a 1.5 lakh extra income-tax deduction for interest payable on loans that are used to buy electric vehicles. This equates to a benefit of roughly 2.5 lakh over the duration of the loan.
In favor of making EV infrastructure more accessible, the council has also voted and reduced the GST rate on EV chargers and charging stations to 5%.
Business Goodwill
Adding EV charging stations to your business's sustainability strategy is the smartest way to go. By installing charging stations, you show your workforce and customers that you care about the environment and are contributing to reducing carbon footprints. It enhances your business image along with the additional benefits mentioned in this blog.
Increase your sales
In the case of shopping malls, brick motor stores, or highway food stations, EV charging station installation mandates consumers to stay longer and thus allows you to sell more. EV set up in such areas can result in higher sales and business profitability.
Final wordsWe all know the environmental and economic advantages of an EV. Now, we also know about the other opportunities that will come with strengthening EV infrastructure.
As an Electric vehicle charging station service provider in India, we are prepared to make the Indian economy more robust with advancing EV charging networks. Are you?
