AI-inspired business models for India’s EV ecosystem using simulation framework
*Miteshkumar Babuji ThakorCorresponding authormiteshthakor25@gmail.comDepartment of Business ManagementFaculty of Management StudiesSmt. S. B. Patel Institute of Business Management, Sankalchand Patel UniversityVisnagar, Gujarat, 384315, India0000-0002-6214-7687View full profile → , Chirag Rasikbhai Patelcrpspce@gmail.comDepartment of Business ManagementFaculty of Management StudiesSmt. S. B. Patel Institute of Business Management, Sankalchand Patel UniversityVisnagar, Gujarat, 384315, India0000-0003-4788-0749View full profile → , Hani Patelcbrathodmba_spce@spu.ac.inDepartment of Business ManagementFaculty of Management StudiesSmt. S. B. Patel Institute of Business Management, Sankalchand Patel UniversityVisnagar, Gujarat, 384315, India0000-0002-2385-7651View full profile → , Ronak R. Modironakmaniyarpatan@gmail.comDepartment of Business ManagementFaculty of Management StudiesSmt. S. B. Patel Institute of Business Management, Sankalchand Patel UniversityVisnagar, Gujarat, 384315, India0000-0002-3598-8034View full profile →
* Corresponding author · click or hover a name for details
- Received:
- 01 Jun 2026
- Published Online:
- 30 Sep 2026
- Article type:
- Research Article
- Language:
- EN
- Article no.:
- JIOS-2442
- Pages:
- 3455–3462
Abstract
India’s EV transition is supported by policy, environmental concerns, and consumer acceptance. Investment decisions remain difficult due to uncertain charging demand and limited real-world data. The study proposes a simple Excel-based feasibility tool for EV charging stations. It integrates demand forecasting, charger sizing, tariff design, and cost analysis. Three scenarios assess utilization, energy use, revenue, costs, cash flow, and payback. The model helps evaluate operational and financial viability under uncertain conditions. It offers a low-cost, transparent, and flexible planning approach for Indian cities.
Keywords
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References
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