Transform Your Business into a Profit Center with EV Chargers

With Sri Lanka’s electric vehicle market growing at 40% annually and petrol prices remaining volatile, businesses across the island have a golden opportunity to generate substantial extra income by installing EV charging stations. As of 2025, Sri Lanka has over 25,000 registered EVs but fewer than 500 public charging points, creating massive demand in Colombo, Kandy, Galle and beyond.

For Sri Lankan businesses – from hotels in Negombo to supermarkets in Kurunegala – EV chargers represent more than an eco-friendly service. They’re a powerful profit center that can attract affluent customers, increase dwell time by 30-50%, and create multiple income streams in Sri Lankan rupees. With the government’s goal to convert 30% of vehicles to electric by 2030, now is the perfect time to invest.

Why EV Chargers Are Profitable in Sri Lanka

Electric vehicle owners in Sri Lanka represent a premium customer segment. Research shows they typically have higher disposable income than average consumers and are willing to pay for convenience. By installing EV charging stations, you’re creating a powerful magnet for this valuable customer group.

Increased Customer Spending

EV drivers need 30 minutes to several hours to charge. During this dwell time, 60% of Sri Lankan drivers shop, dine, or use services at nearby businesses. Hotels report 45% longer stays, while supermarkets see 30% higher average bills from charging customers.

Competitive Advantage

With 42% of Sri Lankan car buyers considering an EV for their next purchase, offering charging positions your business as innovative. You’ll appear on navigation apps and specialized platforms like PlugShare Lanka.

Enhanced Brand Value

EV stations signal environmental commitment in a country prioritizing sustainability. This attracts eco-conscious consumers and corporate clients who prefer green businesses.

Revenue Streams for Sri Lankan Businesses

Beyond driving foot traffic, EV chargers generate direct income through multiple monetization strategies:

Direct Charging Fees

Implement these pricing models to generate revenue:

  • Per kWh pricing: Charge for actual energy consumed (e.g., LKR 80-120/kWh)
  • Time-based pricing: Set hourly rates (e.g., LKR 300-500/hour)
  • Session fees: Flat rate per charging session (e.g., LKR 500-1,000)

Monthly Income Projections (LKR)

Business Type Charger Type Daily Sessions Monthly Revenue Annual Revenue
Colombo Hotel 2 Fast Chargers 12-18 LKR 250,000-375,000 LKR 3-4.5 million
Kandy Shopping Mall 4 AC Chargers 20-30 LKR 180,000-270,000 LKR 2.2-3.2 million
Galle Restaurant 2 AC Chargers 10-15 LKR 90,000-135,000 LKR 1.1-1.6 million
Corporate Office 6 AC Chargers 15-25 LKR 150,000-250,000 LKR 1.8-3 million

Additional Income Opportunities

  • Premium parking: Reserved spots with charging at LKR 200-500/hour premium
  • Membership programs: Monthly packages for regular customers
  • Advertising: Display ads on charging units or app
  • Partnerships: Collaborate with EV dealers or banks

Profitability Timeline in Sri Lanka

Most Sri Lankan EV charging businesses break even within 2-5 years. With government incentives covering 30-50% of installation costs, ROI is faster than ever. Annual income per charger ranges from LKR 300,000-1,500,000+ for AC stations.

Step-by-Step Implementation for Sri Lankan Businesses

Understand Local Regulations

Research Sri Lanka Sustainable Energy Authority (SLSEA) guidelines and obtain necessary approvals. Check municipal council requirements in Colombo, Kandy, Galle etc.

Secure Government Incentives

Apply for Sri Lanka’s EV infrastructure grants covering 30-50% of installation costs. Check with Ceylon Electricity Board for special EV tariffs.

Select Suitable Equipment

Choose between Bharat AC001 (LKR 300,000-500,000) for most locations or DC fast chargers (LKR 1.5-3 million) for highways and premium locations.

Installation & Commissioning

Work with certified Sri Lankan electricians. Consider three-phase power requirements and backup solutions for power outages.

SEO Strategies for Sri Lankan Businesses

Attract local EV drivers with these SEO tactics:

Location-Specific Keywords

Optimize for “EV charging Colombo”, “Kandy EV station”, “Galle electric car charging” and district-specific terms.

Sinhala/Tamil Content

Create content in local languages answering common questions about EV charging locations and costs.

Local Directory Listings

Register on platforms like Quickee.lk, Wow.lk and Lanka Business Directory with accurate information.

Ready to Power Your Sri Lankan Business?

Join the EV revolution and transform your business into a profitable charging destination. With the right strategy, you can attract premium customers and create sustainable income streams.

Start Your EV Income Journey Today

Future of EV Charging in Sri Lanka

The Sri Lankan EV market is projected to grow at 50% annually, with government targets of:

  • 100,000 EVs on roads by 2027
  • 2,000+ public charging points nationwide by 2026
  • 30% reduction in EV import duties until 2027

Businesses that install charging infrastructure now will benefit from first-mover advantage in this rapidly growing market. With special electricity tariffs for EV charging businesses and simplified approval processes, there’s never been a better time to invest in Sri Lanka’s electric future.