Ather Energy, one of India’s leading electric scooter manufacturers, has established Ather Grid, a network of charging stations that offers EV owners convenient access to charging facilities.
In this article, we shall discuss step by step process to get an Ather Grid Franchise, the Cost & Profit margin, and everything you need to know about Ather Grid Franchise.
Why Ather Grid Franchise?
Ather Energy was founded in 2013 and is headquartered in Bangalore, Karnataka.
Ather has established itself as a reliable and trustworthy company, with the support of Hero MoCorp.
Ather Energy has established Ather Grid, a network of charging infrastructure for electric vehicles.
Ather Grid consists of a series of public charging points that are strategically located across various cities in India.
Licenses and Registrations Required
To become an Ather Grid franchisee, you will need to register your business as a private limited company.
Additionally, you will need to obtain the necessary licenses and permits to operate a charging station.
These may include approvals from local authorities, clearance from the Pollution Control Board, and permission from the electricity board.
Space Required to Start Ather Grid
It depends on the number of charging points you plan to install.
A typical charging station requires an area of around 200-300 sq. ft., along with a dedicated parking space for electric vehicles.
Additionally, you will need to ensure that the location of the charging station is easily accessible to electric vehicle owners.
Ather Grid Franchise Cost
Becoming an Ather Grid host doesn’t cost you anything. All you need to do is provide the space and all the necessary permissions. That’s all. Ather Energy will take care of every other thing – installation, operation, and maintenance of each public charging point.
Not just it, the company will bear the electricity consumption cost for the first batch of hosts. The company will install a sub-meter to track the electricity consumption of each charging point.
Profit Margin in Ather Grid Franchise
It depends on various factors such as location, pricing, and utilization. Ather Energy provides the franchisee with charging rates for customers, which can be customized based on local market conditions.
A franchisee can expect a profit margin of around 15-20% on each charging transaction.
How to Get Ather Grid Franchise?
To get an Ather Grid franchise, you can visit the official Ather Energy website and fill out the franchisee application form or simply email at athergrid@atherenergy.com
Once the application is received, the Ather Energy team will evaluate the application based on various parameters such as location, business plan, and financial viability.
If the application is approved, the franchisee will be provided with the necessary training and support to set up the charging station and operate the business.
Ather Grid Franchise For Home?
As an owner of an independent home, you may be wondering if you can host an Ather Grid public charging station and allow people to charge their electric vehicles in your parking area.
Unfortunately, at this time, regulations around selling or reselling electricity do not allow individual homeowners to host Ather Grid stations.
However, if laws and regulations change in the future to allow for such a model, Ather Grid would be open to considering it as a means to expand its network.
Source: Official site
