Hyundai, partners to set up high-speed EV charging infrastructure in South Korea

Circular Economy

Hyundai Motor, Lotte Group, and KB Asset Management plan to develop a super-fast charging infrastructure business model that leases EV super-fast chargers with up to 200 kW to charging companies

South Korean carmaker Hyundai Motor Group has signed an agreement with Lotte Group and KB Asset Management to establish a special purpose company focused on setting up the fast-charging infrastructure for EVs in South Korea, the company said on 20 April 2022.

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