Hyundai Motor Company and Incheon Free Economic Zone Authority Sign MOU to Establish Electric Vehicle Charging Infrastructure

[Asia Economy Reporter Changhwan Lee] Hyundai Motor Group and the Incheon Free Economic Zone Authority announced on the 14th that they will sign a Memorandum of Understanding (MOU) to establish electric vehicle charging infrastructure within downtown Incheon.

The MOU signing ceremony, held in the afternoon at the Incheon Free Economic Zone Authority located in Yeonsu-gu, Incheon, will be attended by key officials including Kim Heungsoo, Head of Hyundai Motor & Kia Product Division and EV Business Division (Executive Vice President), and Lee Wonjae, Commissioner of the Incheon Free Economic Zone Authority.

With the signing of the MOU, Hyundai Motor Group and the Incheon Free Economic Zone Authority agreed to cooperate to provide stable and innovative electric vehicle charging infrastructure to Incheon citizens and to mutually strive for the early realization of a carbon-neutral society.

Hyundai Motor Group and the Incheon Free Economic Zone Authority plan to install six 350kW ultra-fast chargers of Hyundai Motor Group’s ultra-fast charging brand E-pit and 100 3kW outlet-type slow chargers at the public parking lot of Unseo Station on the Airport Railroad (located in Jung-gu, Incheon).

By installing a combination of ultra-fast and slow chargers, they aim to meet the diverse charging demands of citizens. The company emphasized that they plan to provide customers with E-pit’s innovative services such as ‘Plug & Charge,’ which allows charging and payment in one step.

The Unseo Station charging station is an urban-type ultra-fast charging station built through cooperation between local governments and private businesses. Hyundai Motor Group plans to accelerate the establishment of ultra-fast electric vehicle charging infrastructure in downtown areas by actively cooperating with major local governments nationwide, starting with Incheon.

Meanwhile, Hyundai Motor Group has been operating 72 chargers at 12 E-pit charging stations built at highway rest areas nationwide since April. Urban-type E-pit charging stations were sequentially opened in July and August at Euljiro Center One and Kia Gangseo Flagship Store.

In October, they plan to open five additional urban-type electric vehicle charging stations within the year, including the Hyundai Premium Outlet Songdo E-pit charging station. Thanks to the opening of additional charging stations and innovative services, the number of E-pit members exceeded 10,000 in August, just four months after the first opening in April, and recently reached about 14,000 in September.

A Hyundai Motor Group official said, “We plan to continue cooperating with the Incheon Free Economic Zone Authority not only to provide better electric vehicle charging services to citizens but also to support the development of various industries linked to charging infrastructure.” He added, “We will continue to work with major local governments to expand and establish urban-type ultra-fast electric vehicle charging infrastructure.”

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