Parcel Logistics Centers, Pickup Car Wash, Convenience Stores... Hyundai Oilbank Expands Gas Station Services
Unused items are stored and the space is also utilized as a Rocket Delivery logistics center. Pickup car wash services are provided, where cars from other locations are brought in for cleaning. These are various platform businesses that Hyundai Oilbank is showcasing by utilizing gas stations. While the traditional role of gas stations in refueling vehicles will become less important in the future, they are attempting to deliver diverse value through new services since gas stations are located close to our daily lives.
Since 2019, Hyundai Oilbank has started a storage business in collaboration with the self-storage startup MakeSpace. They build and rent warehouses in unused spaces such as above gas station canopies or office buildings. They are also collaborating with Coupang to use idle spaces at gas stations during specific times as micro logistics centers for Rocket Delivery. Currently, there are 22 logistics hubs, which will more than double to around 50 by the end of this year.
The car wash service has gone beyond the commonly seen automatic car washes at gas stations to include steam cleaning inside vehicles and pilot operations of pickup car wash services for customer convenience. Steam car washes are currently available at 12 locations and are planned to expand to 30 by the end of the year. The number of fast food and convenience store outlets is steadily increasing as well. Currently, 26 company-operated gas stations have fast food outlets, and over 110 have CU convenience stores. Especially for new gas stations, retail store entry is considered from the design stage.
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Electric vehicle charging stations, currently operating at 20 company-operated gas stations, will increase to 200 by 2023. Additionally, dedicated charging stations will be built at major logistics centers of distribution companies targeting electric cargo trucks. The plan is to have 80 hydrogen charging stations by 2025 and 180 by 2030.
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