Is it profitable to invest in electric vehicle charging stations?

How is the electric car market developing in our country?

In January 2022, 1451 electric vehicles were registered in our country more than in the same period a year ago. On the other hand, there are almost 40 electric vehicles on the roads of our country, 000 to be exact. Of these, 39 units are PHEV models with a hybrid engine, and 328 units are all-electric vehicles. As you can see, thousands of electric vehicle models are registered every month. 

However, this dynamic development of electromobility in this regard does not go hand in hand with the development of charging stations for electric vehicles. At present, as shown, we have 1992 public charging stations in our country, most of which are free AC charging points, detailed location information can be found in this link. https://optimalenergy.pl/stacje-ladowania-samochodow-elektrycznych/mapa-stacji-ladowania/ 

Which charging stations are the most profitable to invest in?

The overwhelming number of free AC charging stations available in our country, which constitute 72% of the entire infrastructure, clearly indicates that in the case of fast charging stations, there is a niche that becomes an excellent investment opportunity. Especially when you consider that the industry associated with public charging stations is only developing in our country, which gives current investors a chance to become one of the leaders in it. Investments in electric vehicle fast charging stations are also supported by subsidies for their construction, which include models with a capacity of at least 50 kW, but not more than 150 kW.

Where is the best place to install charging stations for electric vehicles?

Most EV fast charging stations are located near expressways or transportation hubs. They are rarely seen in urban areas, although electric drivers would like to use them. Therefore, the best places to build an electric vehicle fast charging station as an investment are all kinds of parking lots in cities, especially near large stores, public buildings or residential areas. 

How much does it cost to buy and build a charging station?

If you want to invest in electric vehicle charging stations, you must first consider the hefty upfront financial costs. The purchase of a quality charging station, ranked first in Optimal Energy's rating of electric vehicle chargers, costs even more than 100 euros. To this should also be added the price of its installation, which can only be carried out by a person with the appropriate qualification, confirmed by the SEP qualification certificate. However, the costs don't end there. Connecting the mains to the charging station is another expense to consider when planning an investment in this type of solution. 

In addition to the cost, purchase and installation of a charging station, when investing in it, one must also remember that the construction of a public charging point involves the need to complete many formalities, which include, among other things, obtaining a building permit or acceptance of the finished station by the Technical Supervision Authority. 

To sum up, although installing charging stations is not one of the easiest and cheapest investments, now is the right time to implement them. The number of registered electric vehicles is increasing from month to month, and not in proportion to the number of charging stations under construction. As a result, the demand for them is very high, which gives investors the opportunity to earn.