List of the Top Successful Electric Car Business Opportunities
Electric cars started to capture the automotive market since manufacturers started focusing on electric vehicles. TheWorld’s top vehicle manufacturers already declared their plans for electric mobility. The growth of electric vehicles opens up electric car business opportunities.
Entrepreneurs are ready to invest in the field of electric vehicles as they are projected as the future of mobility. Here we have a list of successful business ideas related to electric vehicles.
This list of electric car business opportunities would help EV enthusiasts to start their own business in the growing field of electric vehicles.
Check out the new business ideas for electric cars and other vehicles below.
Electric car business opportunities
Along with the title, a short description of the EV business ideas is also given. Read, learn, explore, think, and start your dream business related to electric vehicles.
#1 Electric car servicing garage
Electric car service is entirely different from an internal combustion engine vehicle service. Electric motor repair, Inverter repair, etc. would be part of the servicing garage.
#2 EV Charging Station
Another electric car-related business opportunity is the EV charging station. Electric car charging stations can be developed and installed as per the standards accepted in the area where it is installed.
Home-based charging stations, private charging stations, etc. are some additional opportunities in electric car-related business.
Electric car charging station business opportunities will be practical in many countries as the number of EVs increases day by day.
#3 Electric car spaying workshop
Electric car bodywork and painting workshops would be another business opportunity related to electric vehicles. The workshop focuses mainly on electric vehicles and can be extended to all kinds of vehicles.
#4 EV Charging Station Management
EV charging station management and repair would be a profitable business. If the number of charging stations increase, the possibilities to start and run a complete charging station management are high.
A group of different charging stations might be installed together and localized repair and maintenance would be the best solution.
#5 Electrical workshop for electrical vehicle
The electrical workshop to repair and do electrical-related work on an electric car is good business. Electrical motor, circuits, etc. would be parts covered by the workshop.
#6 Home Charging Station Setup Service
Level 1 chargers are generally available with the electric vehicle. But Level 2 chargers are not always available. But they are necessary to fast-charge electric cars. A home charging station setup service can be started as a business.
#7 Charging Station Setup Training Service
The electric car charging station setup training center can be started to teach EV charging station service. Charging station setup training service shall be started along with charging station repair business.
#8 Electric Car Rental Service
Electric car rental services can be started. This would be a successful business in the tourist locations if you could promote the green mobility solutions that you offer in that area. People might be conscious of the environment, especially in tourist locations.
#9 Spare Parts Manufacturing/selling
Electric vehicle spare parts manufacturing or selling is another business that can be started. It’s also good to sell spare parts after importing from the manufacturing units.
#10 Electric car battery shop
Battery replacement is necessary for electric vehicles in almost 5 to 10 years. Electric car battery sales shop would be a profitable venture as the number of EVs increases.
If you are from a region where electric two-wheelers are common and you could go hand in hand with the manufactures (eg. startups) then you may think about the battery manufacturing unit itself.
The electric car battery business expects to go gain momentum soon since the arrival of a large number of EVs to the market.
#11 Electric Car Washing
Electric car washing can be started as part of other car washing stations. This is another add-on to the electric car business opportunities.
#12 Mobile Electric Cars Repair Services
Electric car repair stations that can be availed at the location where the car brakes down would be helpful. The person who knows electric car repair can easily start the business and promote the business through advertisements.
#13 Franchising/Reselling
Electric car franchises and reselling businesses have a bright future since the number of EVs increases. World’s best vehicle manufacturers already started EV manufacturing. The reselling and franchising opportunity is there for EVs.
You can search for the best electric car dealership opportunities and set up one for you.
#14 Portable Charging Station
Electric car charging stations are not available in all places. There is a place for a portable charging station to charge electric cars in emergencies. The business can be started along with other businesses.
#15 Solar charging station installation center
An electric vehicle charging station that uses energy from the sun is a solution for the high electricity demand of charging stations. Installation of solar-based home or private charging stations requires expertise. There is a good business opportunity.
#16 Online shop for electric spare parts
People select and buy goods from online shops. It’s a good option to sell products through Amazon and other online sellers. You can start your own online shop for electric car spare parts.
#17 Online shop for electric car reselling
One of the best electric car business opportunities is an online shop for electric car reselling. Increasing demand for electric cars makes the online shop for electric cars reselling a profitable business.
#18 Electric car charge and chill station
This is another updated version of the electric charging station business. The time taken to charge an electric vehicle is more than the time to fill the fuel of the IC engine vehicle.
The EV charging and Chill stations would be some infrastructure where drivers can drink coffee, watch a movie, have a meal, play games, etc. while their EV charges.
#19 Battery Scrapping
Batteries of electric cars would be unusable after 1000s of charge-discharge cycles. The Lithium might cause water and soil pollution if not disposed of properly.
A battery scrapping station can be set up to reuse the old battery parts and dispose of the waste.
The battery of EVs can be used for some other electrical storage purposes once the capacity reduces.
Think about this smart business!
#20 Last mile connectivity
Last-mile mobility solutions to connect people who use public transport to the final destination with ease using an electric two-wheeler is another business opportunity.
A number of operators have already started the business in Europe using electric scooters. You can pay and use the electric scooters parked nearby the railway stations and travel to the adjacent locations.
#21 Electric Bike Rental
Electric bike rental service at cities and tourist locations is a good business opportunity in the field of electric vehicles. The ecofriendly low-cost transportation would be preferred by the tourists.
#22 Electric 3 wheeler manufacturing
E-Rickshaws are quite common in cities like Jaipur (India). A small distance city drive would be possible using the e-rickshaws. The market is still open even though many companies have already invested in the field.
#23 Start an electric vehicle blog
Blogging is not only a hobby but also a business now. You can start an electric vehicle-related blog to share all the EV news, technologies, etc.
I created the blog “GetElectricVehicle.com” and monetized using Advertisements and affiliate marketing. I’m so happy that it grows day by day!
Don’t forget to follow the blog for interesting articles about electric vehicles. And share this post with your friends and let them know about this set of awesome business ideas related to electric vehicles!
Conclusion
The electric vehicle market grows and the business opportunities are high. We have listed and discussed a few businesses that can start related to electric vehicles.
The listed business ideas can be implemented separately or as a combination of more than one. For example, electric vehicle bodywork and washing can be started together.
Do you have more business ideas? Would you like to share with us?
Originally published at https://getelectricvehicle.com on January 21, 2019.
