Difficulties and suggestions for attracting investment and joining charging stations

Difficulties and Suggestions for Attracting Merchants to Join Electric Vehicle Chargers

Recently, many friends have asked about the franchise of electric car chargers. Today, I will chat with everyone casually.

Nowadays, there are more and more electric cars on the streets, and charging is indeed a necessity. Some people think this is an opportunity and want to invest some money into the electric vehicle charger business. Actually, this idea is not wrong, but it's not that simple to actually put it into practice.

1、 First, let's talk about a few common difficulties

One reason is that the venue is difficult to find. It's not just about finding a place to install an electric car charger. You need to consider the convenience of parking, whether the power capacity is sufficient, and whether the property or landlord agrees or not. Sometimes we talk for a long time and end up stuck at a certain point.

Another issue is the cost. A fast charging pile device, along with installation, electricity meters, and wiring, requires a considerable investment. And it doesn't mean you can immediately recoup your investment just by installing it, you need a car to charge it. When there are no users in the early stage, the device cannot generate revenue even if it is left there.

Another thing is maintenance. Electric car chargers are electronic devices that may malfunction after prolonged use. If left unattended, the car owner may not be able to charge them and may not come back in the future. Hiring someone to maintain it is another expense.

2、 Let's take a look at everyone's needs again

Many friends who want to join are actually most concerned about a few things: how much money can be invested to recoup costs, how long can profits be seen, whether the platform is reliable, and who is responsible for any problems. Simply put, it's for the sake of peace of mind and not wanting to stare at it all day.

Also, I'm afraid of being tricked. Some investment projects on the market are talked about in a grandiose manner, such as "recouping costs in a year" or "making money while lying down", which doesn't sound very true. What everyone wants is tangible references, not just empty ones.

3、 Give me a few rough ideas

If you really want to do this job, you can give it a try like this.

1. Start small first. You don't have to invest hundreds of thousands of dollars to install more than ten piles right away. You can find one or two convenient places to install one or two slow chargers or low-power fast chargers and see the reactions of surrounding car owners. Wait until you have a clear understanding of the situation before considering whether to expand.

2. In terms of venue, you can chat more with the property management of the community and the parking lot of the shopping mall. In some places, they have idle parking spaces and are willing to cooperate. If the conditions are good, the rent may not be high. The key is to clarify the method of division or leasing.

Hongjiali(HG Power) charging stations project

3. Regarding the matter of joining a brand, ask a few more companies to compare. Ask how long the equipment warranty lasts, who will repair it if it breaks, how much the platform charges, and what the settlement period is. Please read each clause in the contract carefully and ask if you don't understand. Don't be shy.

4. Another way is to start with a side job. If you have your own space, such as a vacant lot in front of your home or parking in front of a store, try installing one or two piles and test the water first. An additional source of income without affecting the regular job.

5. Lastly, electric car chargers are not a path to overnight wealth. It's more like a steady stream that takes time to accumulate users and word-of-mouth. Don't rush to invest money just because others say it's easy to earn, and don't give up just because others say it's difficult to do. According to your own situation, just act within your means.

I hope these scattered ideas can provide some reference for friends who want to enter the industry. To do it specifically, it's better to look, ask, and calculate more.