Hyundai Oilbank to Sell Ultra-Compact Electric Cars at Gas Stations

Hyundai Oilbank announced on the 20th that it will enter the micro electric vehicle sales brokerage business, becoming the first in the refining industry to do so.

[Asia Economy Reporter Oh Hyung-gil] Hyundai Oilbank announced on the 20th that it will enter the micro electric vehicle sales brokerage business for the first time in the refining industry.

In partnership with Sebo Mobility, the No. 1 micro electric vehicle manufacturer in Korea, Hyundai Oilbank will display and sell the micro electric vehicle 'Sebo C' at Oilbank gas stations. Anyone can freely look around and get in the displayed vehicle at the gas stations.

The Sebo C is a two-seater electric vehicle with a driving range of about 75 km on a full charge and is the top model in the domestic micro passenger car segment.

Hyundai Oilbank's strategy is to proactively enter the early-stage micro electric vehicle market and secure future sales channels. They provide idle space at gas stations as vehicle display areas and receive commissions based on sales performance. Operators of directly managed gas stations act as vehicle sales agents, handling customer consultations and sales contract signings.

A Hyundai Oilbank official said, "The business has started at five directly managed gas stations nationwide, including Seoul, Ulsan, and Incheon, and plans to expand to all directly managed gas stations nationwide in the future. Online sales brokerage business is also under consideration."

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