KEPCO Installs Electric Vehicle Chargers at GS Caltex Gas Stations

Korea Electric Power Corporation's 'Plug & Charge' electric vehicle charging station, a demonstration PnG EV charging station built at the Korea Electrotechnology Research Institute. (Photo by Korea Electric Power Corporation)

[Asia Economy Reporter Moon Chaeseok] Korea Electric Power Corporation (KEPCO) and GS Caltex will jointly develop a corporate electric vehicle (EV) charging service model.

On the 25th, KEPCO announced that it signed a Memorandum of Understanding (MOU) with GS Caltex at the GS Tower in Gangnam-gu, Seoul, to collaborate on building EV charging infrastructure utilizing GS Caltex gas stations and to develop a corporate customer EV charging service model.

First, KEPCO will install its EV charging infrastructure at gas stations operated by GS Caltex. This will increase EV usage for KEPCO and allow GS Caltex to secure much-needed charging infrastructure.

Payment for EV charging fees will be linked. KEPCO will provide EV charging infrastructure to GS Caltex, and GS Caltex will attract corporate membership subscribers to KEPCO’s charging infrastructure to receive services.

KEPCO will secure GS Caltex membership customers as its own customers, and GS Caltex will reliably provide KEPCO’s more than 8,600 chargers to its members. In the future, various value-added service products will be launched in the market utilizing KEPCO’s charging infrastructure.

Lee Junho, Head of KEPCO’s New and Renewable Business Division, said, "Through this cooperation, KEPCO has secured a large-scale EV charging sales network and excellent charging station sites," adding, "We will expand the 'corporate customer EV charging service' to companies like GS Caltex that have a large number of EV members."

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