How much does it cost to invest in a charging station with 10 charging stations that can accommodate 20 new energy vehicles charging simultaneously? How long can we achieve profitability?

Although the development of new energy vehicles has become a trend, investing in charging stations is currently a good investment project. But the cost of building a charging station is not small. Overall, investing in a charging station with 10 fast charging stations that can accommodate 20 new energy vehicles to charge simultaneously, including a complete set of electrical equipment, venue rent, and supporting facility construction, will cost approximately $1,500,000 to $2,000,000.

The specific cost items involved are as follows.

1. Charging station.

   The market price of 120KW double gun charging pile, which is very common in the market, is about $20,000. A charging station has 2 charging guns. If you invest in 20 parking spaces, you need to purchase 10 charging stations for a total price of around 200,000.

2. Rental fees for the venue.

   The annual rent for a fixed commercial parking space is approximately $1000. Although 20 vehicles have been invested, three parking spaces need to be reserved to build equipment such as box transformers. Then there are 23 parking spaces overall, with an annual rent of $23000. Of course, if you can rent a whole piece of land, it will be cheaper, and you can rent around 800 square meters for around $10000. However, these locations are usually remote. After all, a place with a whole piece of land for rent will not be in the city center.

3. Electrical equipment.

   It includes "transformers, cables, wires," and so on, with the price of transformers ranging from tens of thousands to hundreds of thousands. The price of aluminum transformers with a typical 20 year lifespan is around tens of thousands of yuan, while copper transformers with a 30 year lifespan are priced at over $20000. The investment in 10 charging stations requires the installation of an 800 kV transformer, and the cost of a complete set of power equipment such as cables and wires is approximately $50000.

4. Supporting facility.

   To establish a charging station, it is necessary to set up rest rooms, mobile toilets, on-site vehicle identification system, on-site monitoring, etc., with a total cost of approximately $5,000. In addition, some funds should also be retained for construction, opening, and later operation and maintenance. Overall, without considering the construction and opening costs, the investment cost reaches around $20,000 in the later stage of operation and maintenance, and with the addition of construction costs, the conservative cost is over $200,000. As for the specific investment amount, it must be discussed based on local conditions. After all, the price difference between me in different places is still significant. In addition, if you own a property, you will save a fee.

How long can we achieve profitability? The charging station charges a service fee of $1 per kilowatt hour. Each charging pile serves 6 vehicles per day, with a 50% utilization rate, that is, about 60 vehicles per day. Each vehicle charges about 80 degrees. The service fee is $1 per kilowatt hour. The service fee for each vehicle is about $80. The net profit per day is 80 * 60=$4800 , which is about $144,000 per month and $1,728,000 per year. Considering equipment damage and other factors, it can be calculated that the cost can be recovered in about 2 years.