Can you build a second income without quitting your full-time job?
In this episode of Side Quest, we explore how to start an EV charging station business in India starting with around ₹2 lakh and scaling as demand grows.
Aditya started his EV charging side hustle while working a full-time job. What began with a relatively small investment eventually grew into a larger EV charging setup generating additional income.
But is an EV charging station actually a good side business? How much does it cost to start? Where should you set one up? How many charging sessions do you need every day to make money? And should you start with 2-wheelers or 4-wheelers?
We break down the entire business, including:
• How to start an EV charging station with limited capital
• 2-wheeler EV charging station costs and economics
• 4-wheeler EV charging station costs
• EV charging station investment and setup costs
• How to choose the right location
• Rent vs owning your charging station location
• Electricity and software costs
• EV charging station profit margins
• How many charging sessions you need to break even
• Choosing an EV charging network / service provider
• Permissions and infrastructure required
• Government subsidies and incentives to verify
• How to scale from a small 2-wheeler setup to 4-wheeler charging
Download the EV Charging Side Quest Toolkit:
https://docs.google.com/spreadsheets/d/1QiC3cqZfB9WhWGRCT92fWVz2Zh6o8jpV/edit?usp=sharing&ouid=114400984276429669076&rtpof=true&sd=true
We've created an EV Charging Business Calculator + Location Scorecard + Setup Cost Breakdown + Vendor Comparison + Permissions Checklist to help you evaluate the opportunity before investing.
Chapters:
00:00 The 3 tests for a second income
00:36 Meet Aditya
00:49 Why EV charging?
01:25 Starting with 2-wheeler charging
02:30 EV charging station economics
03:20 Moving into 4-wheeler charging
04:27 Choosing the right charging partner
05:18 Current setup and what's next
The goal of Side Quest isn't to tell you to quit your job and become an entrepreneur.
It's to explore small businesses, side hustles and alternative income streams that you can build alongside your existing career.
If you're looking for side business ideas in India, passive income ideas, second income ideas, EV business opportunities, or businesses you can start with limited capital, subscribe to Wint Wealth.
If You are building something similar and want to be featured on Wint Wealth's YouTube channel then fill the details in the form:
https://forms.gle/XS6RkQgKhtqABQ599
#EVCharging #SideHustle #BusinessIdeas 
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