Hyundai and Kia have conducted a capital increase of ₩30 billion in Korea Electric Vehicle Charging Service to enhance competitiveness in the local electric vehicle charging market.
Based on this capital increase, Hyundai and Kia plan to continuously invest in Korea Electric Vehicle Charging Service to strengthen the domestic electric vehicle charging ecosystem, ensuring customers have a convenient way to charge their electric vehicles.
To respond to the increased demand for ultra-fast chargers in urban areas, Hyundai and Kia aim to establish 3,000 ultra-fast charging stations by 2025, in collaboration with Korea Electric Vehicle Charging Service, expanding their 800V system electric vehicle lineup.
Hyundai and Kia will integrate the electric vehicle charging service platform and electric vehicle charging technology platform into the ultra-fast chargers, providing customers with the best charging service experience.
Additionally, members of E-pit, Hyundai and Kia’s premium electric vehicle ultra-fast charging brand, will be able to charge at the ultra-fast chargers of Korea Electric Vehicle Charging Service without separate membership registration, receiving services comparable to those offered by E-pit.
Hyundai and Kia expect that the ultra-fast chargers will feature a plug-and-charge function, allowing customers to authenticate, charge, and make payments all at once without separate operation.
In the future, Hyundai and Kia plan to implement a system whereby their electric vehicle customers can charge at Hyundai Motor Group-operated charging stations, including E-pit, Hyundai Engineering, and Korea Electric Vehicle Charging Service, without separate membership registration.
This initiative aims not only to enhance charging convenience for customers but also to expand a consistent charging experience for Hyundai and Kia owners.
Korea Electric Vehicle Charging Service, which was incorporated into the Hyundai Motor Group in December 2021, is working diligently to leap to the top position in the domestic ultra-fast charging market by improving customer convenience using the platform technologies of Hyundai and Kia.
The company is focused on enhancing customer satisfaction by improving its rapid fault response operating system to increase charging station availability and customer interaction rates, ultimately revolutionizing customer touchpoint services.
A representative from Hyundai and Kia stated, “This capital increase is part of our strategy to strengthen the charging ecosystem so that electric vehicle customers can enjoy high-quality charging services anytime, anywhere. We will continue to invest in Korea Electric Vehicle Charging Service to enhance charging convenience for electric vehicle customers.”
Lee Sang-jin daedusj@autodiary.kr