Market Research

  RELATIONSHIP BETWEEN POWER AND ENERGY RELATIONSHIP BETWEEN POWER AND ENERGY DENSITY RELATION BETWEEN DENSITY OF STATES AND ENERGY Energy is usually measured in Joules, the other units include ergs and calories. Power is measured in Watts, which is Joules per second, or ergs per second. Machine are usually described by its power rating, the higher the number the more powerful the machine. Power is an energy per unit of time. As a rate of change of work done or the energy of a subsystem, power is: P = W/t, where P is power, W is work and t is time. The capacity of a man that allows him to do work is called energy. In simple words, energy is the ability to work. It is in scalar quantity and has only magnitude and no direction. energy can neither be created nor destroyed, it can only change in its form.

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  The Ministry of Power has previously announced new EV charging infrastructure standards and guidelines. In compliance with the rules, the state government has fixed the ceiling cost of service charges to be charged by electric vehicle public charging stations. It approved the Rs 12.06 + applicable GST service cost maximum for electric vehicle rates covered by State/Central subsidies. it is still less expensive than petrol and diesel. “It costs Rs 300 if any four-wheeler takes 25 units to completely charge their cars.” “You can’t even get three litres of petrol with the same quantity of petrol,” Car comparison between petrol, diesel and electric vehicles If the price of petrol is considered at Rs 100 per litre and mileage is considered 16 km per litre, the cost of the car, per kilometre, will be about Rs 6.25. If the price of diesel is considered at Rs 95 per litre and mileage is considered 22 km per litre, the cost of the car, per kilometre, will be around Rs 4.31.   Whereas,

  Cost of Setting Up EV Charging Stations The cost of setting up an EV charging station consists of two types of costs: Infrastructural Costs Charger Costs Infrastructural Costs for Setting Up EV Charging Stations The infrastructural costs consist of facilities, equipment, and land required for the charging station. The cost break-up for the same is given below: Requirement Cost Land Lease at INR 50,000 per month Rs. 6,00,000 Electricity connection, transformers, and energy meters Rs. 7,50,000 Civil Works Rs. 2,50,000 Maintenance and Technical team Rs. 3,00,000 Brand promotion and Marketing Rs. 50,000 Total Rs. 19,50,000 Please Note: The mentioned above are estimated. They may differ according to time and place. Charger Costs As per the government guidelines, public EV charging stations must have at least three fast (DC) chargers and two slow (AC) chargers. The cost of Level 1 chargers is comparatively low as compared to Level 2 and 3 chargers. The cost of different chargers is