Every day we are experiencing the application and benefits of technological advancements. For example, a few years ago, people were searching for gas refilling stations. But now many people are searching with their browser as “electric vehicles charging stations near me”.
This real-time example shows the technological advancement in the automobile industry and also the communication and other IoTs. At the same time, we are focusing on the sustainability revolutions also.
But as an entrepreneur, how can you utilize this situation to make money?
Here through this blog, I reveal the answer to this question and explain the EV charging station finder app development and its benefits. Let’s check.
What is the Need for EV Charging Station Finder App?
We, humans, are constantly researching for the best outcome through technological innovations. As a result, electric vehicles were founded. It replaces the traditional internal combustion engine with the electric motor.
It needs to be filled with an electric source which means it should be plugged with a charger point to refill. As it is not polluting the air, it is considered a sustainable solution. However, in recent times, the number of people who are using the EV is increasing gradually. The latest report from Bloomberg New Energy Finance reveals the forecasting report on EV sales.
“As per that, electric vehicles will hold 58% of the sales of the global passenger vehicle by 2040.”
That means it needs large numbers of charging stations. Here, the need for an EV charging station finder app will rise. By developing such an application with more advanced features you can earn money. Before that, let’s check if it is possible.
What is Meant by the Sustainability Revolution?
The term ‘Sustainability Revolution’ is a buzzword that has been roaming around the world for years. But in recent days many social activists are carrying forward this term and its vision widely. On the other hand, numerous researches are taking place to obtain sustainability in every field.
Simply, the Sustainability Revolution is nothing but the process of finding feasible solutions for dangerous environmental issues like pollution and it also seeks the possible change to protect the natural resources.
As the demand for sustainable solutions is high, the EV market has a high possibility of a boom. That means it is one of the big markets that have enormous opportunities in the future. The electric vehicle charging station market is forecasted to reach a compound annual growth rate of 38% by 2024.
How to Utilize Sustainability Revolution with an App?
As an entrepreneur, you should search for a sophisticated way to earn money by using this situation. There are many ways to invest and get returns from the EV industry. For example, you can do franchise businesses, EV charging stations, distributors for auto parts of EVs, etc.
But these need high investment and come with high risks. As the best alternative, you can get passive income by utilizing the boom of EVs through an EV charging station finder app development solution.
You can establish an EV charging station aggregator business by simply spending an amount on developing an EV charging station finder app. It is possible through the Uber for X script (clone application). So, you can get the application and launch it quickly. Before exploring the ways to monetize with this application, let’s check its business model.
Business Model: EV Charging Station Aggregator
As same as the aggregator business in other industries, the EV chagrin station aggregator business model needs an online platform to connect the service provider and the customers. By connecting them through your digital marketplace you can get many benefits. Check the following lean business model elements to get a clear idea regarding this.
Key Partners - Here the leading partner of your business is charging stations, individuals with EV charging facilities.
Key Resources - Online Marketplace (Mobile Application).
Key Activities - Locating EV charging stations, pre-booking for charging slots, and planning schedule management and route planner which connect charging stations.
Value Proposition- With your mobile application, customers can easily locate any EV charging station, check what kind of connector they provide, what kind of charging they do (fast/ normal), and others. Simply, it reduces customers' pain to find and pre-book the charging slot for their EV.
Customer Relationship - Effective CR (customer relationship) can be maintained through in-app communication, AI chatbots, and other social media with this electric vehicle charging station finder app.
Channel - Through the EV charging station finder app development, you can connect with your customers.
Customer Segment - The customers who own EVs, taxis, or other transport companies have EVs and intend to find the best answers to the question “EV charging station near me”
Revenue Model- You can gain revenue through ads by having an EV charging station finder app. Most EV charging station finder applications use this way to monetize. Beyond this, by providing a pre-booking facility to your customers, you can collect a certain additional fee.
Once you get a competitive advantage, you can collect a fee for ranking EV charging stations in your application depending on the rank. So, developing an EV charging station finder app can also be profitable for your business.
How to Develop an EV Charging Station Finder App?
The EV charging station finder app development is not an easy process; it should include market research, development of functional features, adding a user-friendly interface, and others. However, developing a mobile application is a complicated process and requires high cost and time to avail and launch.
Fortunately, there is an alternative solution which is 'clone scripts'. For example, the Uber for X script is a feasible solution that can be developed for the EV charging station finder app. It has a customer app, a service provider app (EV Charging Stations), and an admin panel.
Through these three elements, you can provide the best kind of service with the best electric vehicle charging station finder app. At the same time, you need to pay more attention to finding the best EV charging station finder app development company to avail the best Uber for EV charging station finder app.
Summing Up
In the upcoming days, electric vehicles are going to dominate the world as it is a sustainable solution. So, there is a high possibility of increasing the demand for EV charging stations and locator apps.
So, developing an EV charging station finder app and following the aggregator model is one of the best passive income generators. Through this application, you can also represent your EV charging stations, If you are running a network of EV charging stations. You can consider the clone scripts instead of developing an application from scratch, to get such an operative mobile application for your business.