Electric Road Manufacturing Business: The Future of EV Charging in India

In 2015, an engineer was returning home from his office, stuck in traffic. He thought, what if roads could power vehicles themselves? He went to his garage and created a small prototype—a road that could charge vehicles while they moved. Today, that engineer is the founder of Electreon, and his technology is already running on highways in Israel. But the twist is that he completely bypassed the need for large charging stations and turned the road itself into a charger.

Now, imagine—if such a business idea can emerge from a garage, what can you do? Today, I am bringing a mind-blowing business idea that could completely change the game. And yes, stay till the end because there’s a secret that can turn this into a multi-crore business.

The Growing EV Market and Charging Challenges in India

Did you know? By 2030, 80% of new vehicles in India will be electric, but the biggest challenge is the lack of charging infrastructure.

While Electric Road Technology is rapidly developing abroad, India is still in its early stages. This is where your business opportunity lies. Think of it as a hunter waiting for the perfect moment to strike.

Market Size and Investment Potential

When my team researched this business opportunity, the market size and investment potential were shocking! Here are some key insights:

✅ The global electric road market in 2024 is valued at ₹1,75,000 crore, growing at a CAGR of 16.2%.

✅ By 2032, it will surpass ₹4,00,000 crore.

✅ In India alone, by 2035, the market will be worth ₹80,000 crore.

Europe, America, and China are rapidly adopting this technology, but India is still untapped, making it a golden opportunity for new entrepreneurs.

What is Electric Road Technology?

This is a road embedded with wireless charging coils, which automatically charges moving electric vehicles. No need for charging stations—vehicles will take energy directly from the road while moving. This technology includes induction, conductive, and resonance charging, making it a game-changer for trucks, buses, and public transport.

How Does It Work?

Currently, setting up charging stations is expensive and time-consuming. Electric roads solve this problem. Sweden and Germany are already testing it on highways, and India’s EV mission makes this the perfect time to bring it here.

Working Mechanism:

1. Inductive Coils are embedded under the road surface.
2. Vehicles have a receiver coil under them.
3. As the vehicle moves, the road’s coils generate an electromagnetic field (EMF).
4. The vehicle’s receiver coil captures this energy and charges the battery.

Types of Electric Road Charging Systems

1. Inductive Charging – Coils embedded under the road create an electromagnetic field that charges vehicles wirelessly.
2. Conductive Charging – Metal charging strips are embedded in the road, allowing vehicles to connect directly for charging.
3. Overhead Charging – Trolleybus-style overhead wires supply energy to vehicles.

Why India Needs This?

✅ By 2030, 80% of vehicles in India will be electric.

✅ Lack of charging stations is a major challenge.

✅ Government Smart City & EV missions will support this.

✅ Industrial & logistics sectors will get a cost-effective solution.

How to Start Electric Road Business in India?

Raw Materials Required:

• Copper Induction Coils – for wireless charging
• Conductive Rails & Wireless Systems
• Power Connectors & Battery Storage
• High-Durability Concrete/Asphalt

Setup Process:

1. Road Construction & Charging System Installation
   • Dig roads and install necessary electrical components.
   • Lay wireless charging coils or metal tracks as per the system.
   • Reconstruct roads to ensure durability and protection.
2. Power Supply & Control System Installation
   • Connect to a power grid and set up a monitoring control center.
   • Use sensors & IoT technology for automated charging.
3. Testing & Trial Run
   • Conduct test runs with electric vehicles.
   • Monitor charging speed, safety, and traffic flow.
   • Implement necessary improvements.
4. Operations & Maintenance
   • Regular inspection & maintenance.
   • Troubleshoot any system issues.
   • Continuously research and upgrade the charging system.

Investment & Profit Potential

✅ Initial investment: ₹50 crore+

✅ Public-Private Partnerships can help start on a smaller scale

✅ Required Machinery: Coil Assemblers, Conductive Rail Makers, Testing Units

✅ Profit Margins: 40-60%

How to Sell & Scale This Business?

📌 Target Highways & Smart City Projects 📌 Apply for NHAI & Industrial Zone Tenders 📌 Collaborate with EV Manufacturers 📌 Provide services to logistics companies

The Secret Business Opportunity 🚀

If you start this in 2025, you can become India’s first electric road manufacturer. By 2030, when the EV boom explodes, you will be a market leader, earning crores! But remember, this golden opportunity is only for those who act now.

👉 Are you ready to enter this revolutionary business? Comment below with your city name and let me know what you think. Join our WhatsApp channel  for more game-changing business ideas! 🔥