Business in Electric Vehicles


  1. Charging Station
  2. Electric Motors
  3. Electric Panel
  4. Batteries
  5. Accessories

Countries which will phase out fossil fuel cars to meet goals of Paris Climate Accord:

  1. Britain
  2. France
  3. Norway
  4. India
  5. China

Reasons to enter E Vehicle business:

  1. Technological challenge has been solved; The range of vehicles has been extended to slightly over 300km between charges; b) New high-power charging technology has reduced recharge times to as little as 14 minutes;
  2. Many e-vehicles will come on the market over the next 3 years; In US half-million all-electric or plug-in hybrid cars have been sold, In china last year alone 350000 e-vehicles were sold,
  3. Focus has started for providing necessary charging infrastructure;-charging station need to be combined with renewable energy.


  1. To date non-residential charging stations are: EU-120000, US-16000, China-800000.


China will drive 50lakhs cars by 2020. Total there are 290 million vehicles on chineese roads.

What more is required:

  1. Tax breaks for investments in charging systems;
  2. establishing international standards for charging protocols;
  3. funding additional research for high-power charging technologies;
  4. mandating installation of charging stations at some existing filling stations, such located on public highways.

Author: suratmsf

Chartered Accountant in Practice since 1995. Vice-chairman of The Financial Co-operative Bank Ltd, Surat. FINCO Bank. Promoter and Ex-independent director of Gallantt Metal Ltd. Ex-Chairman of Surat branch of ICAI. UPSC dropped by 40 marks. Avid investor in equities and businesses.

One thought on “Business in Electric Vehicles”

  1. I guess, Govt has made it mandatory to install charging points in parking of the residential towers and commercial buildings


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