LG Uplus to Replace Company Vehicles with 'Zero-Emission Cars'... 1,391 Units by 2030

Participation in the Ministry of Environment-led 'Korean-style Zero-Emission Vehicle Transition Project'... Strengthening ESG Management
Aiming to Complete Zero-Emission Vehicle Transition by 2030... Gradual Expansion and Introduction from 2023

[Asia Economy Reporter Eunmo Koo] LG Uplus announced on the 31st that it will convert 1,391 company vehicles to electric and hydrogen vehicles by 2030 to reduce exhaust gases generated by internal combustion engine vehicles, protect the environment, and strengthen ESG (Environmental, Social, and Governance) management.

This expansion of electric and hydrogen vehicle adoption was promoted by participating in the "Korean Zero-Emission Vehicle Transition Project (K-EV100)" led by the Ministry of Environment. K-EV100 is a project for companies to convert their company vehicles to zero-emission vehicles by 2030. As of this month, more than 200 companies, including LG Electronics, Samsung Electronics, and Hyundai Motor Company, are participating.

LG Uplus plans to convert all internal combustion engine vehicles currently used for work, except for about 300 special vehicles out of approximately 1,700 vehicles. The target includes a total of 1,391 vehicles, including executive and general company vehicles.

The specific conversion schedule will be carried out gradually from 2023, considering the introduction timing of electric vehicle charging infrastructure. The plan is to promote phased conversion, such as 30% by 2025 and 70% by 2028, to complete the zero-emission vehicle transition by 2030.

LG Uplus plans to announce the annual performance of zero-emission vehicle adoption to ensure active implementation. The Ministry of Environment will support the installation of electric and hydrogen vehicle purchase subsidies and electric vehicle charging facilities based on performance to help the company fulfill its zero-emission vehicle adoption plan.

Heeseong Lee, Executive Director of Labor Relations and Support at LG Uplus, said, “We will participate in the government's air pollution reduction policy through voluntary zero-emission vehicle transition,” adding, “We will gradually introduce electric and hydrogen vehicles to achieve the goal of completing the transition by 2030 and strengthen ESG management by reducing exhaust gases.”

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