LH to Install 'Advanced Electric Vehicle Charging Facilities' in All New Apartments

Electric Vehicle Charging Facilities Expanded to 4% of Parking Spaces
New Market Worth 15 Billion KRW Expected Annually

LH will fully implement new electric vehicle charging facilities in newly commissioned apartments going forward. The 'customized slow charger for multi-family housing' supports advanced features such as smart charging, and its size and weight have been innovatively reduced. (Photo by LH)

[Asia Economy Reporter Moon Jiwon] Korea Land and Housing Corporation (LH) will install a new electric vehicle charging facility called the 'Apartment Complex Customized Slow Charger' in all newly commissioned LH apartments.

LH announced on the 10th that, in line with the government's Green New Deal policy and to expand the use of eco-friendly mobility, it has established an 'Electric Vehicle Charging Infrastructure Improvement Plan' and will fully apply it to all LH apartments (sale and rental) commissioned from this year.

First, in accordance with the revision of related laws, the installation ratio of electric vehicle charging infrastructure will be expanded to 4% of parking spaces, and most of the newly introduced charging facilities will be applied as the 'Apartment Complex Customized Slow Charger,' which has been verified through a research and development project by the Ministry of Science and ICT.

The 'Apartment Complex Customized Slow Charger' supports advanced functions such as the Internet of Things (IoT) and smart charging. It introduces a wall-mounted product that has innovatively reduced volume and weight, aiming for low cost and high efficiency.

Additionally, LH has established a systematic management system for the charging infrastructure, which is expected to increase explosively due to the spread of electric vehicles, by closely collaborating with domestic testing and certification specialized institutions to prepare standards based on the global standard protocol (hereinafter OCPP) created by OCA.

OCA is an international consortium where stakeholders related to electric vehicle charging gather to discuss the development and use of communication protocols for charger management and operation.

Once OCPP is applied to all electric vehicle chargers in LH apartments, compatibility among charging operators will be enhanced, increasing usability and convenience in operation and management. Through smart charging, flexible power control according to real-time charging loads is possible, which can also reduce users' charging fee burdens.

LH expects that this will create a new market worth approximately 15 billion KRW annually. To revitalize the electric vehicle charging infrastructure construction business, LH will share design standards and information with electric vehicle charger manufacturers and operators at the LH Gyeonggi Regional Headquarters in Seongnam, Gyeonggi Province, on the 22nd.

Lee Imoon, Director of Public Housing Electricity Division at LH, said, "The introduction of electric vehicle-friendly charging infrastructure is expected not only to enhance the safety and convenience of electric vehicle users but also to greatly contribute to strengthening manufacturers' export competitiveness."

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