Green conveyance is the way of the future. The rapid transition to electric vehicles necessitates a robust infrastructure for EV charging.
As a manufacturer of EV fast chargers, we are working hard to inform people about the numerous advantages of EV charging stations for businesses. The goal is to improve the infrastructure for EVs in India, a nation that is rapidly adopting them.
Let’s get right to the advantages of installing EV charging stations for businesses without further ado:
Contribute to building EV infrastructure
Additionally, the provider of electric vehicle charging stations makes cloud-based app connectivity possible, making it easier for owners of electric vehicles to locate nearby charging stations. As a result, these charging station businesses gain access to local EV customers. Additionally, it contributes to the goal of developing a widespread network for EV charging. As a result, it provides EV charging businesses with increased motivation and profitability. Finally, Griden and other manufacturers of EV charging stations offer ongoing support for the installation and upkeep of charging stations, allowing you to leverage business profits without difficulty.
Appeal to employees
The office is where professional worker spends the majority of their day. The installation of electric vehicle charging stations on the premises of a business can assist in attracting competent employees who share the same enthusiasm for technological advancement and sustainability. Because of the convenience it provides, it largely adds more stars to your company and keeps employees there longer. If they don’t already have one at home, it saves them time traveling to EV charging stations.
Tax exemptions
Following the announcement made by the Ministry of Finance, the GST rate for electric vehicles will now be 5%. The government also provides a 1.5 lakh additional income tax deduction for the interest on loans used to purchase electric vehicles. Over the course of the loan, this amounts to a benefit of approximately 2.5 lakh.
The council has also voted to reduce the GST rate on EV chargers and charging stations to 5% in favor of making EV infrastructure more accessible.
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.
More benefits are given below:
1. Attract EV Driving Customers
2. Entice and Retain EV Driving Employees
3. Demonstrate Your Commitment to the Environment
4. Increase Your Property Value
5. Motivate Customers to Stay Longer
6. EV Charging Can Drive Shoppers to Your Business
7. Brand-Agnostic Chargers Attract More EV Drivers
8. The Hospitality Industry Rebounds, More Competitive Than Ever
Final words
We 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.