The popularity of electric vehicles (EVs) continues to increase owing to factors such as their environmental friendliness, cost savings, advanced technology, and government incentives to embrace such modes of transport. Because of these reasons, EV installation points need to be accessible to the drivers of these new-age vehicles. People who want to make extra income while continuing with their regular jobs can deploy them at homes and commercial spaces. Introduction to Passive Income through EV Chargers You can earn passive income in India through EV chargers by setting up private charging stations on a peer-to-peer sharing app or through channels.…
Author: Thunderplus Admin
According to the International Energy Agency (IEA) report, the number of electrical vehicles (EVs) on the roads globally by the end of 2002 was 26 million. In the five-year period from 2017 to 2022, the sales of EVs increased tenfold to 10 million from 1 million. The share of EV sales in the total car segment soared to 14% in 2022, up from 9% in 2021. By the end of 2022, seven million EVs had been occupying the world’s roads. By July 2024, approximately 30 million EVs were on the roads. And all of them need charging, leading to an…
Trinity Cleantech, a company renowned for developing green solutions in the electric industry, introduced its brand ThunderPlus to provide green solutions for electric vehicle chargers and charging solutions. Currently, ThunderPlus is one of the leading brands in India for EV charging. To broaden its reach and directly connect with EV owners within the country, it plans to install EV charging stations in municipal corporations in New Delhi, Chennai, and various cities and towns in Telangana. For this initiative, INR 30 crore was raised in 2024-25. ThunderPlus already has a network of more than 800 fully functional EV charging stations, which…
The Indian economy drives on two-wheelers and three-wheelers. These vehicles not only mobilize passengers and cargo but also the economy. The EV economy has so far focused on fast charging solutions for 4-wheelers and above, ignoring 2- and 3-wheelers. But the actual need and application exist for 2- and 3-wheelers. Revenue Generation and E-Commerce Penetration Because these are not only personal vehicles but also automobiles that generate revenue/income, with the exponential increase and penetration of e-commerce into remote parts of the country, the need for last-mile deliveries is at an all-time high. Hence, many youths are turning to delivery agents…
India is leaving no stone unturned in its efforts to jump on the bandwagon of the EV ecosystem, given the damage fossil fuels are doing to the environment. Add to it the rising prices of these fuels and the necessity to adapt to the sustainability of urban transport systems in the country. The Union government is hastening the drive by incentivizing EV makers and developing effective, economical, and available infrastructure for charging these environmentally friendly vehicles. The success of these initiatives will depend upon the costs of investments and meeting the EV ecosystem’s primary requirements. Ultimately, it all depends on…
People are buying electric cars to reduce fuel costs and limit vehicular pollution, which is said to be one of the leading causes of climate change—the problematic growth of average global temperature. Furthermore, electric vehicles (EVs) also allow their owners to use batteries instead of petrol or diesel. The advantage of using batteries is that they are rechargeable, allowing electricity to be stored to run the vehicle. However, the problem is that EV batteries are expensive, at about INR 20,000 per 1 kilowatt hour (kWh). That is why replacing them will prove costly. Most EV batteries last around 10 to…
EVs charge faster using higher power levels. Operating at 240 volts cuts charging time by up to 50%. Specialized connectors and powerful stations allow fast charging. An EV battery can be refilled in 30 minutes to an hour, while slow charging takes several hours. Fast charging is time-effective, ideal for busy users or long-distance travelers. However, fast charging stations are incompatible with all EVs due to different standards and connectors. Let’s go into further detail on slow and fast EV chargers. Fast EV Charging EVs can be charged faster when using higher power levels than at slow speeds. Operating at…