Daeyeong Chaebi and Electric Vehicle Charging Infrastructure Construction MOU Signing

Korea Toyota Installs Electric Vehicle Chargers at Lexus Showrooms and Service Centers Nationwide View original image


[Asia Economy Reporter Yu Je-hoon] Toyota Korea Motors is starting to expand electric vehicle charging infrastructure, beginning with nationwide dealerships and service centers. Toyota Korea announced on the 8th that it has signed a Memorandum of Understanding (MOU) for the construction of electric vehicle charging infrastructure with Daeyoung Chaebi, a company specializing in electric vehicle chargers.


According to this agreement, Toyota Korea will install electric vehicle chargers at Lexus official dealer showrooms and service centers located nationwide, and plans to continuously expand related infrastructure in the future.


Since launching the RX400h, the first hybrid model sold domestically in 2006, Toyota Korea has led the introduction of hybrid electrified models. Currently, Lexus, which has seven hybrid models, recorded 98% of its total sales as hybrid models last year, while Toyota, selling six hybrid models and one plug-in hybrid model, reached about 88%.


Nobuyuki Takemura, President of Toyota Korea, stated, "Lexus and Toyota hybrids are gaining attention as more practical eco-friendly vehicles that offer excellent fuel efficiency and the benefits of electrification without the worry of battery charging," adding, "Based on accumulated hybrid technology, we plan to strengthen a diverse lineup of electrified models."



Meanwhile, Toyota Korea plans to launch the new flagship Lexus model LS 500h this month, the new Toyota Sienna hybrid?the first minivan hybrid model in the domestic market?in April, and introduce the first Lexus brand electric vehicle model UX 300e in the first half of next year.


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

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