EV Charging Devices in Pakistan
Benefits of Investing in Commercial Charging Stations
1. Open a new side business at ADM Expense.
ev charging devices in pakistan, ADM Group will invest 100% on site mobilization and equipment. Host can operate the station and eventually ADM Group will gift it to Host after the completion of the project. There won’t be any sale of equipment to you nor any condition attached with regards to ownership.
2. Zero Investment and High Return
ADM Group plans to offer 95% of the revenue to be given to the Host. If a charging station runs at its 50% capacity, based on our current model, host can make an estimated amount of PKR 453262.50/- month. The EV charging station business can be lucrative. Although the amount of money host can make depends on factors such as location and size, the owner of an EV charging station can generally expect a profit margin of 35-45%.
3. Increase the property value of your real estate
Having an EV car charging station on property will increase the property value. Host can add its value to your property value. There is no condition on selling the property, But Host has to make sure the new owner signed the agreement with ADM Group.
4. Increase Your Revenues
EV chargers will allow you to increase revenue. Firstly, customers with EVs are more likely to stay at your site for more time to charge, thus encouraging them to purchase more products or services. Depending on the type EVs take an average time of 45 minutes to 1 hour to charge. By opting for a fast-charging system with an average charging time of, say, an hour, you can offer
customers a quick-enough charging service while also encouraging them to stay a little longer and purchase that item they’ve been eyeing up for weeks.
Secondly, EV charging points can be a source of extra revenue in themselves.
5. Put Your Business on the Map (Literally) and Boost Customer Traffic
Installing EV chargers will grow your brand’s visibility and draw in new clients as you will be visible on ADM the map.
You might be thinking: ‘but how do EVs relate to my business? I don’t know if any of my customers even own EVs!’ Whether you’re a local café or a nationwide hotel chain, it’s still worth trying to encourage EV owners to form part of your customer base. Research shows that EV owners tend to be higher-earning than the average population. They’re predominantly men with higher levels of education, in full-time employment, and around the ages of 30–45. Looking towards the future, such research also shows that electric vehicles may soon become popular among higherincome females and retirees/pensioners. Providing charging facilities may, therefore, give you a competitive advantage in terms of opening up new audiences or growing existing ones over the years.
6. Advantage Over Competitors – Offer something your competitors aren’t
Investing in EV charging stations can also help businesses differentiate themselves from their competitors. While many businesses are still hesitant to invest in EV charging stations, those that do will have a competitive advantage over those that don’t. By offering a service that is not widely available, businesses can set themselves apart and attract customers who are looking for businesses
that support EV adoption.
7. Rising Demand for Public Charge Points
As the Emerging Marketplace for Public Charging stations and the sales of electric vehicles rise, We estimate that, between now and 2030, the number of charge points—pedestals for EV charging in the public infrastructure—will increase in Pakistan from around 20 to 50,000. Growing Demand Ensures Opportunity.
8. Diversification Of Investment Portfolio
Investing in EV charging stations can be a good way to diversify your investment portfolio. EV charging stations can provide a steady stream of income through charging fees and revenue through advertisement, and they have the potential to appreciate value over time. As more people adopt EVs, the value of EV charging infrastructure is likely to increase.
9. Preparing For The Future
Finally, Investing in EV charging stations now can help businesses prepare for the future. EVs are the future of transportation, and it’s only a matter of time before they become the norm. By investing in EV charging stations now, businesses can position themselves as leaders in their industry and be well-prepared for the shift toward electric transportation.