Projects for Investment
Portable EV Charging Market :
A portable electric vehicle (EV) charger is a compact, easily transportable device used to charge EVs away from dedicated charging stations. It plugs into a standard wall outlet (Level 1) or a high-voltage outlet (Level 2) and delivers electricity to the EV battery. Unlike fixed chargers, portable options offer flexibility and convenience for charging on the go, at home, or during emergencies
The global Portable EV Charger market was valued at US$ 1,100 million in 2023 and is projected to reach US$ 4,583.3 million by 2030, growing at a robust CAGR of 22.0% during the forecast period (2024-2030)
EV Charging Station Demand :
The domestic demand for EV chargers is likely to grow at a CAGR of 65 per cent to reach the 3 million unit mark by 2030, according to a report. More than 17,000 units of electric vehicle (EV) chargers were sold in 2021, the joint report of Customized Energy Solutions(CES) and India Energy Storage Alliance (IESA) said
EV rental Car Business Model
The business model for electric vehicle (EV) rental services can include time-based subscription pricing, sharing and leasing, and tax incentives.
Time-based subscription pricing: This model considers factors like the average frequency of EV use, the correlation between driving distance and maintenance costs, and the grade level of the EV.
Sharing and leasing: This model involves a platform operator that provides services like ride-hailing, short-term leasing, and long-term leasing for groups.
Tax incentives: Some countries offer tax incentives or government subsidies to rental car companies that offer EVs. These incentives can help reduce acquisition costs and improve profitability
Premium Bike Rental Market :
The global motorcycle rental market was valued at $207.1 million in 2022 and is expected to reach $411 million by 2028. The Indian two-wheeler rental market was valued at $38.76 million in 2021 and is expected to reach $63.82 million by 2027. The global bike and scooter rental market is valued at $2.9 billion in 2022 and is projected to reach $9.9 billion by 2030. The global bike rental market was valued at $2.1 billion in 2021 and is projected to reach $11.3 billion by 2031
