Renting out space for electric vehicle charging stations: how much can property owners earn per month?

Your parking lot is a gold mine waiting to be tapped

Electric vehicles in Vietnam have increased 219% compared to the same period in just the first quarter of 2026. In large cities, every few gasoline-powered vehicles passing by on the road are accompanied by an electric vehicle - and all of them need a safe and convenient charging spot near their homes.

The problem is: public charging infrastructure is not keeping up. Electric vehicle users have to charge their vehicles using makeshift household outlets in parking basements, run cables through common corridors, or - worse - cannot charge their vehicles and switch back to gasoline-powered ones.

Meanwhile, if you are managing an apartment building, a hostel, a parking lot, or a cafe with a parking area, you are sitting on an unexploited asset: parking space + available electricity. These are exactly the two things an electric vehicle charging station needs to operate and generate revenue every day.

The question is no longer "should we install a charging station or not", but rather: how much can we earn from renting out space for a charging station, and who will invest in it?

"Renting out space for a charging station" - understanding it correctly to avoid misconceptions

Many property owners, when hearing "renting out space for a charging station", imagine it to be similar to renting out a kiosk: sign a contract, receive a fixed monthly rent, and that's it.

EVsafe's model is not like that - and this is the most important difference.

Instead of renting a location with a fixed price (risk: if the charging station has few customers, the renter will lose money and may negotiate a price reduction or withdraw), EVsafe operates on a model of sharing revenue in real-time. Each charging session generates revenue that is transparently recorded through the app and shared according to the agreed-upon ratio - not a rough estimate, not just a "thank you" at the end of the month.

In other words: you're not just renting out space, you are partnering in business on your own premises. The more users the charging station has, the higher your income will be - with no cap.

How much can a location owner earn per month?

Note: the figures below are illustrative figures to help you understand the calculation method, based on the average charging price and usage frequency observed at several apartment complexes that have been implemented. The actual figures will vary depending on the location, population density, and peak hours - the EVsafe team will conduct surveys and calculate specifically for each location.

How to calculate revenue for 1 charging pillar

For a medium-sized apartment building with a parking lot, installing 1 charging pillar is enough to meet the initial demand. For larger apartment buildings or multi-story parking lots, this number increases with the number of pillars - for example, Việt Đức Complex is operating 2 pillars (20 ports) with a frequency of ~30 sessions/pillar/day, meaning the gross revenue is even higher than the average mentioned above.

The portion that the location owner receives - according to 2 partnership models

Specific example:

• Small apartment building, 1 pillar, host self-invests: spends ~18 million on equipment, earns ~2.7 million/month → recoups investment in about 6-7 months. After recouping the investment, this is almost like a net interest stream - estimated ~32 million đồng/year/pole, lasting throughout the device's lifespan (usually 5-8 years).
• Small apartment building, 1 pole, EVsafe invests: no need to spend a single đồng, no maintenance worries, no risk of device malfunction - the landlord still receives ~1.2 million đồng/month, completely passively.
• Large apartment building / parking lot with 3-5 poles: direct proportion to the number of poles. A parking lot with 5 poles following the EVsafe investment model can bring in ~6 million đồng/month passive income for the management board - no need to operate, no need for additional personnel.

This is an income outside existing revenue sources (parking fees, service fees), with almost no additional operating costs for the landlord.

Two cooperation models - which one to choose?

There is no one-size-fits-all answer - the choice depends on your financial capability and risk tolerance.

Model 1: Self-invest in equipment (host receives 90%)

Suitable when: you have available capital (~18 million/pole), want to maximize long-term profits, and the parking lot has a stable traffic volume (dense apartment building, public parking lot in the city center).

Advantages:

• Receive 90% of revenue - the largest share in any revenue-sharing model on the market.
• Quick capital recovery (6-7 months at average usage).
• After capital recovery, almost all revenue is profit.

Considerations: need initial capital and accept device risk (although EVshield insurance is included - see below).

Model 2: EVsafe invests entirely (host receives 40%, 0 đồng capital)

Suitable when: you want an additional revenue source without investing capital, don't want to manage device risk, or simply want to experiment before committing to investment.

Advantages:

• No capital needed, no financial risk.
• EVsafe is responsible for installation, maintenance, and device replacement.
• Steady passive income, without the need for operational effort.

Considerations: lower sharing ratio (40% instead of 90%), more suitable for landlords who prioritize safety and convenience over maximizing profits.

Practical suggestions: many of EVsafe's partners choose to start with the EVsafe investment model to test the actual usage flow at their location, and then consider investing in additional charging stations when demand increases.

Why choose EVsafe, not just for the money

Revenue is the reason landlords start looking - but the reason they stay long-term is often the things that are less mentioned: safety and peace of mind.

• Standardized fire safety (PCCC): EVsafe charging stations are designed and installed in compliance with current electrical and fire safety standards - the biggest concern of apartment building management when allowing electric vehicle charging within the building premises.
• EVshield liability insurance: each charging station is protected by the EVshield insurance package, minimizing financial risks for landlords in case of incidents related to the equipment.
• 24/7 monitoring: the remote monitoring system continuously tracks the status of the charging station, detects and resolves technical issues before they affect users or pose a risk to the premises.
• Book in advance via app: users can view the status of charging ports and book in advance, reducing the situation of competing for charging spots or cars occupying spaces without charging - keeping your parking lot organized.
• Transparent revenue, in real-time: every charging session is recorded and reconciled through the system, so property owners can track their income at any time, without having to wait for the end-of-month report.

In short: EVsafe not only brings a new source of income, but also solves the biggest worry that makes many management boards hesitant - fires and legal liability when allowing electric vehicle charging within their managed premises.

How to get started?

The cooperation process with EVsafe is designed to be time-saving and risk-free for property owners:

1. Register for a free survey - leave your property information (apartment building, hostel, parking lot, cafe...), and the EVsafe team will contact you within 24-48 hours.
2. Free on-site survey - EVsafe engineers come to your location to assess the electrical load, installation location, expected vehicle traffic, and advise on a suitable cooperation model (self-investment or EVsafe investment).
3. Installation & operation - EVsafe constructs, connects, inspects for safety, and puts the charging station into operation, starting to record shared revenue from the first charging session.

The entire process from survey to operation usually takes a few weeks, depending on the property scale and internal procedures (for apartment buildings, it requires approval from the management board).

Your property might be missing out on tens of millions of dong each year

Electric motorcycles will not stop at the current growth rate. Every month that passes without a charging station in your parking lot means missed revenue - and a convenience that your residents and customers need but do not have.

Register for a free survey today at /partner so the EVsafe team can calculate the specific figure for your property - no commitment, no survey fee.

Need quick consultation? Call the hotline (+84) 879 558 085 or email info@evsafe.io.

Learn more about EVsafe charging station solutions and the lines of charging pillars being deployed in apartments, boarding houses, and business premises across the country.