Hyun Mong-ju, CEO of SK Rent-a-Car, and Lee Junho, Head of the Renewable Energy Business Division at Korea Electric Power Corporation (left), signed a business agreement on the 25th. (Photo by Korea Electric Power Corporation)

Hyun Mong-ju, CEO of SK Rent-a-Car, and Lee Junho, Head of the Renewable Energy Business Division at Korea Electric Power Corporation (left), signed a business agreement on the 25th. (Photo by Korea Electric Power Corporation)

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[Asia Economy Reporter Moon Chaeseok] Korea Electric Power Corporation (KEPCO) and SK Rent-a-Car announced on the 26th that they have signed a 'Electric Vehicle New Service Cooperative Development Memorandum of Understanding (MOU)' to develop electric rental car charging services.


According to the agreement, KEPCO will provide corporate charging services to SK Rent-a-Car.


SK Rent-a-Car plans to launch electric rental car products in the market using chargers provided by KEPCO.


They will also offer reservation charging services and PnC (Plug and Charge) services that authenticate customers simply by connecting the charger and the electric vehicle.


The two organizations will develop new services specialized for electric rental cars.


They expect to invigorate the domestic electric vehicle charging market by expanding the electric vehicle charging market into the rental car sector.


Additionally, through the operation of electric rental cars, they plan to develop smart charging and bidirectional charging (V2G) services to play a role in demand management by distributing power loads.



Lee Junho, Head of KEPCO's New Renewable Energy Business Division, said, "This cooperative project is a good precedent that shows various services can be developed using electric vehicles," adding, "It will be a good opportunity for various services using electric vehicles to be introduced to the market in the future."


This content was produced with the assistance of AI translation services.

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