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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56292655 No.56292655 [Reply] [Original]

Are EV chargers a good business venture?

>> No.56292810

>>56292655
I just have to apply on a .gov site and startup my EV charger business that I've had for 15 minutes to get 50k in 0% business loans then I can do this 3 times over (at no cost) and be making 570k

>> No.56292831

>>56292655
>has to rent the place for the chargers
>roughly 30ct/kwh goes directly to the electricity supplier
>owes interest on the loan he got to buy the chargers
>big companies will scoop up most places and surpress prices

you'll roughly make $50-80 profit per month (if you're lucky)

>> No.56292847

>>56292831
Stay poor.

>> No.56293000

>>56292847
Nigga got out math'ed in a business board. NGMI

>> No.56293037

>>56292810
hmm, so one business per charger. You get $50k new business loan for each one. Start out with 20. You're a millionaire. Then when the loan payments come in, just start enough new charger businesses with $50k loans to pay off the loan payments. Rinse and repeat.

>> No.56293127

>>56292655
NO you’re all wrong. People have found out that those things are packing a lot of copper and just cutting one of those things off and scrapping it will get you a fent pill. They’re getting cut left and right over here where in live in LA.

>> No.56293171

>>56292655
okay now include the cost for running a 200A single phase 240V circuit or three phase.

>> No.56293191

>>56293127
this >>56292655
people of color will steal your shit

>> No.56293243
File: 25 KB, 644x800, 1615681931906.png [View same] [iqdb] [saucenao] [google]
56293243

>>56293000
>Nigga got out math'ed in a business board. NGMI

>> No.56293357

>>56293127
Can confirm similar things in San Diego. I have a Level 3 charger in my garage but used to be able to charge at work for free until niggers cut all three of the charging cables to steal the copper. Not sure how they manage to not get killed doing that shit.

>> No.56293379

>>56292655
that math is so off

>> No.56293405

>>56293357
When you unplug it from your car the current stops immediately…probably for this exact reason. And even then there’s ways to cut live wires without blowing up.

>> No.56293424

>>56293127
Kek, niggers are the funniest counterpoint to civilization.

>> No.56293507

>>56292831

This lmao, assuming it's in California where there's actually a high demand for electric chargers, the average retail electric cost is $0.31/kWh. Assuming you also didn't have to pay anything up front to the utility and/or building owner to upgrade their infrastructure to support an additional 3.2MW of charging capacity. Plus like you said any rent or other fees to the property owner for the rights to sell EV charging on their property.

>> No.56293607

>>56293379
>he did the math for a tiktok video
You got pranked

>> No.56293658

>>56293127
This has been happening forever..ask any boomer cop. I can remember hearing copper theft stories 20 years ago--aluminum too. They'll have to have anti theft devices put on the..some sort of loud horn or fart spray.

>> No.56293709

>>56292655
I install EVC for a living,
I installed chargers at a hotel for 15k,
My gross after 4 months was 10k, net was 8k.

Ask me anything

>> No.56295439

>>56293709
sounds...pretty bad. no further questions.

>> No.56295507
File: 214 KB, 512x564, 8bee72c50c58b0eae847b31bed2f3751444847a72d2aefbd38d7c83e3f378ec2.png [View same] [iqdb] [saucenao] [google]
56295507

>>56293243
>doesn't even know how to soiquite
Please cease use of this website immediately
Also, stop samefagging

>> No.56295527

>>56292655
Imagine you buy a fishing rod and catch 3 fish an hour that you can sell for $10/piece...Now imagine if you do that for 8 hours a day: that's $240 a day you get paid just to fish! Now imagine...wait...bro...just imagine...if you get 2 fishing rods! Or 3 or 4??? What if you get a whole fishing boat! HOLY SHIT

>> No.56295539

Black entrepreneurs will just come and sell the copper charging cables.

>> No.56295575

>>56292831
Don't forget
>niggers and drug addicts steal the copper wiring rendering your $19,800 investment worth $0

>> No.56295591
File: 234 KB, 586x510, 1695464613431010.png [View same] [iqdb] [saucenao] [google]
56295591

>>56295575
Pic rel

>> No.56295697

>>56295591
>the niggers have become hood alchemists

>> No.56295709

>>56292655
Not sure, I'd rather buy a gas station kek, but then again that's me, I also bought pond and I'm underwater, so I'm probably stupid

>> No.56295721

>>56295709
Your opinion doesn't matter to me faggot

>> No.56295730

>>56295539
In my time those were called nigger robbers

>> No.56295742
File: 17 KB, 643x625, 1640985137968.png [View same] [iqdb] [saucenao] [google]
56295742

>>56295709
We're all underwater in some way but you're far more fucked than me

>> No.56295753

>>56295709
Why would you buy a gas station lmao

>> No.56296057

>>56295591
KEK

>> No.56296125

>>56295591
>jny the subhuman

>> No.56296236

Imma drop this here bc I won't ever do it.
Offer a service to charge electric cars while the owners are at work.
You buy a generator and an EV truck, go about parking lots selling kWh's plus a premium for delivery.

>> No.56296862

>>56296236
This seems kind of retarded as work places have installed and are continuing to install charging locations.

What would be a good service would be charging $50 to take someones car in for yearly maintenance/oil change. I'd pay someone to do that, it's a pain in the ass and $50 isn't that much.
Just get customers to book on a 30 minute time slot, drive around with you and your buddy, drive to the customer's place, one of you hops out, picks up the keys and drives to the dealership/mechanic. Drive back to pick him up and move to the next one, then later on take their car back when it's done. Can do 3-4 cars an hour if they're not too far, and charge extra if they're further away.
Saves them the hassle of taking time out of their day to drive there, waiting around or getting a shuttle, then having to come back and pick it up.
Get partnerships with mechanics/dealerships, get a team of employees. Some of these places get 100+ cars a day, if you're paying 2 employees $15/hr for 8/hr a day that's $240, and they're doing 24-32 cars a day, that's $1200-1600 in revenue, minus their pay it's a $960/day in profit, minus your other costs like car insurance, taxes, etc. it's at least $500/day of pure profit for every 2 employees you have to hire. With 100 cars for one dealership, that takes hiring 6 people, and you make $1500/day in profit. Scale it up for other dealerships and other cities and you're making millions.

>> No.56296892

>>56292655
Asian women walk around in sweat pants because they want to be fucked in public.

>> No.56297010

>>56293127
Based rational self interest of fent users.

>> No.56297025

>>56296862
I had a couple roommates who worked for some car rental place, all they'd do is clean the returned rentals and fill them up with gas. I can see this being similar except it's a standalone service.

>> No.56297210

>>56292655
If it made it to shit tok and 4Chins you stay the hell away from it.

>> No.56297317

>>56296892
>women want to be fucked in public.
ftfy

>> No.56297431
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56297431

>>56295591
If someone did this to one of my machines id shoot them

>> No.56297750

>>56292655
No one is saying whether this would be a good idea in an area without rabid drug addicts.

>> No.56298218

>>56292831
Seeing this, I think it's better to leave my money as stables and keep staking it on SpoolFi where I earn 8% APR instead of wasting it on an investment that might not yield anything

>> No.56298300

>>56292655
Oh look another indian tik tok scam. What happened to the parking lot investment that was gonna make you a millionaire?

>> No.56298309

>>56295709
You're supposed to put fish and stuff in a pond not drown yourself in it you dumbass.

>> No.56298328
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56298328

>>56293127
Based crackhead entrepreneurs. I struggle to come up with business ideas and these druggies find a dozen unique ways to make money every week.

>> No.56298350

>>56298218
I thought DeFi was dead, but that's a good return there

>> No.56298559

>>56293658
Are you retarded? Copper theft isn’t new it’s valuable scrap. EV charger copper theft is relatively new and gaining popularly fast

>> No.56298792

>>56295591
dont you get electrocuted?

>> No.56298883
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56298883

>>56292655
have fun dealing with niggers and retarded hipsters that thinks if they kick the chargers enough that they can charge their shit cars for free after watching some "hacking" vids

>> No.56298927
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56298927

Posting on /biz/ for years has made me realize if any one of you are rich, it was either by nepotism or luck since all of you are otherwise completely unqualified to give advice on anything.

>> No.56298988
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56298988

>>56298328
>Based crackhead entrepreneurs. I struggle to come up with business ideas and these druggies find a dozen unique ways to make money

Oh you have no idea, and that just goes to show you what we're all capable of doing if we really REALLY want something. Withdrawals are wonderful motivating factor to do all sorts of things. I knew a guy once that bought a tow truck and rented a garage. He'd follow people home from car dealerships and then at night he would tow the car to the garage and just remove as many parts as he could and then sell them to crooked mechanics in bad neighborhoods, and just as an extra, he would go to train stations and cut off all the bicycles and throw them in the back of his pickup truck and then just drive down a few cities and randomly ask people if they wanted a bike for $20. He had a really bad crack addiction which I believe was in the neighborhood of $500/day....now imagine what you could do with $15,000 a month, investment wise. I mean you could take all sorts of risks!

It's worth mentioning that he was shot and killed while doing one of his late night tows though.

>> No.56299026

>>56296892
men want to fuck in public yet they don't walk around proudly displaying their cock
redpill me on this

>> No.56299264

>>56292655
>Governments need infrastructure for tech they dont understand
>Can't get funding for it because thats not how politics works
>Create scheme where random normies take all the risk, all the govt has to do is loan them money
>Be random normietard, buy 8 chargers, on the hook for 150k
>Chargers don't make much because nobody has electric card
>Chargers only work with specific models/brands
>Chargers are quickly outdated as newer, faster models come to market
>T+4 years, 150k in debt, made $4k in fees, left with 8 useless chargers.

You have to be absolutely braindead RETARDED to think this is a viable /biz/ness. Normie retards are going to get burned, and they deserve it for being greedy and low iq.

>> No.56299335

>>56295527
>>56295527
Now imagine you're attacked by crackhead pirates. They beat you up, take your fishing rods to sell them, sink your boat because you have one and they don't, and dump the fish back into the water because they can.

Game over. Play again?

>> No.56299344

>>56297431
Would the Stand Your Ground laws apply?

>> No.56299374

>>56292655
>In this months edition of What Carpark? Micro spaces.
One of the sweetest investment options in congested areas isn't houses, because those require lots of money to fix up and maintain and people have rights against immediate, eviction and they're expensive to buy.... it's microspaces.

Those tiny plots that wouldn't really be big enough to build on and don't have planning permission so they won't sell for much.

Excavator -> flatten it
Tarmac -> tarmac it
Padlockable space blocked -> anchor them in
Lil sign with deets on -> get those cocksuckers rented out

Fuckin'...... eaaaaaaaaasy money. Maybe combo it up with a few lil cheaper lower power overnight chargers.

You, my boy, have just been schooled. And today's lesson was, micro carparks.

>> No.56299375

>>56295591
I wanted to post that

>> No.56299393

>>56292655
I want to see videos of tesla fags having to 'charge' their 'cars' deep in the ghetto at night. It'll be so funny to see them get stuck in those places for hours at a time.

>> No.56299451

>>56299393
The on-board AI will just redirect them to a more
>"convenient"
location several miles from their house

>> No.56299509

>>56292655
Are your chargers Tesla Superchargers?

...no?

Ok, you're fucked then. Tesla won the charging standard battle, so unless you're installing Tesla chargers, you're doomed.

>>56299264
This anon more or less gets it, but you can just swap with "In 5 Years, Tesla's Network and Charging Plug will be the ONLY standard"

>> No.56299513

>>56299451
Surely it must have happened at least once, with all the fools who were duped into buying an 'electric vehicle' also being the same fools who support that sort of thing. I hold out hope that one day we will get a video of it.

>> No.56299528
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56299528

Electric cars are a fucking meme. Cars were originally going to be electric but the materials needed to make their batteries will run out far sooner than crude oil will...and that's even assuming that crude oil will ever run out. Global warming has been proven to be a scam, "oh we're running out of oil" is also a scam, and using coal to power electric car chargers is a sick joke. It's never going to fucking happen. Even if for whatever reason we found a financially nonredundant way to harvest all of the materials needed to make new batteries (exponentially to keep up with rising demand, of course) we'd still have no practical way of charging every single vehicle on planet earth with renewable energy. Our power grid distribution system isn't designed for that kind of usage, and even if it WERE redesigned, it would take about 100 years to do so and the only way we could truly call it a day and say we're using "clean fuel" is if it's all powered with nuclear energy and GOOD FUCKING LUCK convincing the bureaucrats to let the whole world have access to nuclear fission technology.

With that said; it is a good cash grab for the time being. But dump those fucking stocks as soon as they blast off, because when they crash it'll be historic.

>> No.56299566

I had an intake interview yesterday with a really cool EV charger company
wish me luck anons!! :)

>> No.56299568

>>56299513
It would be pretty funny, sitting there sipping a pumpkin spiced onions latte at 1am with some crackhead screaming through the window, pretending nothing is going on.

>>56299509
>>56299264
This is similar to solar grants. Say round here you can get a £1k grant. Even if you diy installed it all it'd be several thousand for the panels, racking, chunky cables, battery packs and inveter. The current buy price to customers per kwh is about 30-50p. But the export price maxes out at something like 8p and you need to be an octopuss energy customer and have a tesla power walled installed. It more like 3p if not. It also all needs installing professionally. Nice 10:1 ratio on the buy to sell price thar.

So ultimately, YOU pay to provide the energy and take on all the risk of buying and running the equipment. This is precisely the kind of shit boomers fall for all the time because they immediately associate the fee money with = good. I asked one of the surveyor guys about it and he predictably mentioned that almost as soon as the advert goes live, they get bombarded with calls, emails and applications.

>> No.56299589
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56299589

>>56292655
why does anybody listen to anything in TikTok. Granted I don't watch or waste time on this IQ-sapping drool, but surely anybody who has a good hussle isn't going to spam it on tik tok (unless that's the hussle)

People on this board, we must have some people with like sub 90 IQ or something lol.

>> No.56299606

>>56299528
The crude oil thing you're quite likely wrong about. Lithium is also a fairly abundant element and its not used up in the process since it can be recovered.

But yeah you're right about a lot of the rest. Got to keep in mind a lot of these could be trickle charging whilst parked though, using panels on top of the buildings etc.

>> No.56299913

>>56299568
Kek, you get it anon. That's exactly the same vision I had for that scenario, lmao

>> No.56299959

Could I ride an exercise bike next to the charger to help offset the electric bill? Like using my legs to help power a lightbulb or whatever? Maybe we could get dollar store batteries to help with cost

>> No.56300161
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56300161

>>56299959
No need. Most of the energy your body uses is thermoregulation. Just tape enough thermoelectric elements to yourself, wire them up to the Meyer backwards and you could be looking 6, possibly even 7, cents per annum. Basically free money at that point.

>> No.56300193

>>56293127
Based niggers defeating the Great Reset one lick at a time.

>> No.56300278

>>56300193
>[rude word detected]
>[detoxification routine deploying]
>your car has been autorediected to the next available retraining centre and 5 credits have been added to your curbside regeneration program tariff
>the doors have been locked for both our and your safety during your journey

>> No.56300542

>>56299568
Yeah solar was in my mind when I wrote my comment. Total scam. Any model produced and installed today will be either broken or superceded in 5 years time. As you mention, retard boomers fall for this stuff because they have the mindset that a solar panel (or an electric charging point) is fungible, a panel produced last week will be exactly the same specs as one produced in a decade.

We're all here because we like crypto, its wise to stay in our lane in this regard. Unless you're a dude who follows or installs solar/ev points, you shouldnt even be considering "investing" in it.

>> No.56300747

>>56299026
Men have value beyond their body.

>> No.56301011
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56301011

>>56292655
November 2023 - my chargers are destroyed and stripped for copper after the next election season race riot

>> No.56301129

>>56299568
>>56300542
Parents got solar installed 5 years ago, it still pays for 100% of their electricity, they got an EV and don't pay for any gas. Who cares if there's newer better solar panels, they haven't improved that much over the past 5 years, and what they got is saving them 200-400/mo. They haven't had to do any maintenance, all their shit is under warranty for 10 years, there's no risk. It will have paid for itself within 2 years, and then within another few years it will have paid for the opportunity cost. It's pure profit after that.
If there's grants and you live in an area with a good amount of sun, financially it's a nobrainer, reducing costs are even better than making money because it's permanent and means you don't have to find as much income to retire.
You're a retard if you think 5 years from now somehow they'll invent new super solar panels that will blow it out of the water. The physics haven't changed. You might see a 10-20% increase in efficiency (likely at a much higher cost due to more material and manufacturing complexity), but if the current ones are enough to cut your electric bill to 0 then who cares what they invent in 5 years, it's not like the price of electricity has been trending down, it keeps going up, so it makes you more resilient to utility companies raping you with high rates.

>> No.56301579

>>56292655
Why don't they just call it kilojoules

>> No.56301600

>>56295591
ripply's based or not.
verdict. unbelievably based.

>> No.56301956
File: 235 KB, 500x500, 84168478674.jpg [View same] [iqdb] [saucenao] [google]
56301956

>>56299606
>The crude oil thing you're quite likely wrong about
I'm not and the internet is becoming more and more efficient at memoryholing things, so good luck with your research, but crude oil is in such high supply that we wouldn't possibly be able to run out of it before making a transition to a different form of energy...and we could take our sweet time in doing so.

>trickle charging whilst parked though, using panels on top of the buildings etc
Yes yes yes YES! Amazing things can be and will be done; I have no doubt that technologies like that and beyond will become a reality some time in the future, but the false narrative of global warming and climate change is being weaponized to rush this absolute scam to make everything electric happen ASAP because the money is on the table. Once the whole thing crashed then those who profited will just let the next generation fix it. This is what has always happened throughout history; people don't want to plant trees they'll never live to see grow, they want that tree here. Now. More like yesterday, and they don't give a shit if their great grandchildren have to pay for it.

Pic kind of related...I'm tired.

>> No.56302157

>>56301956
How is the pic related

>> No.56302302

>>56293127
Lmao fantastic

>> No.56302400
File: 45 KB, 711x517, 5415641651.jpg [View same] [iqdb] [saucenao] [google]
56302400

>>56302157
I don't know dude, I'm tired. I've been trying to sell a fucked house with no roof right before the rainy season in L.A. and everyone is all watch and no bid. Perhaps this pic is more related since I'm finding it difficult to keep a happy face while my brokerage and client call me every fucking 5 minutes to ask me "how it's going."

I really need to go to sleep but I can't until there's some kind of a deal I can send out. That's why I hang out here...keeps me awake.

>> No.56304394

>>56293709
you hiring in arizona?

>> No.56304427

>>56292655
>a single crackhead with a pair of scissors makes you go bankrupt

>> No.56304451

>>56293709
>net 8k for four months
buddy that's poverty

>> No.56304478

>>56293658
>security industry goes bankrupt after the installation of looney tunes anti theft devices

>> No.56304528

>>56301011
If hoodlums started jumping on my car, wouldbI get in trouble for speeding to my safety?

>> No.56304841

>>56297431
You would sit in your tesla and have a panic attack and poop yourself

>> No.56306466

>>56293507
Average electric cost is .16per kWh. I sell solar and would cum my pants if .31 was average

>> No.56306597
File: 72 KB, 500x500, copper-pennies.jpg [View same] [iqdb] [saucenao] [google]
56306597

>>56293127
Copper chads keep on winning

>> No.56306622

>>56292655
>what is revenue vs profit

up front capital investment is $19,000. you then have ongoing operational costs including rent/land and cost of doing business (electricity procurement). could still make money but like always some dumb 13 year old put this tiktok together