“CBI Introduces for Delivery of Electric Commercial Vehicle ‘K1V’ to Client Companies”

[Asia Economy Reporter Jang Hyowon] KOASIS Inc., a corporation wholly owned by automotive parts specialist CBI, announced on the 9th that its self-branded electric commercial vehicle model ‘K1V’ has received a temporary license plate during the government certification process and has begun pilot operation.

The ‘K1V’ started delivery from CBI’s headquarters in Gojan-dong, Namdong-gu, Incheon, to a client located in Michuhol-gu, Incheon, with plans to expand usage beyond the Gyeongin area to customers in other regions.

CBI aims to participate in reducing carbon emissions in the local community and minimize negative environmental impacts by gradually reducing the operation of diesel 1-ton trucks previously used, and by initiating the use of eco-friendly electric commercial vehicles for client deliveries and raw material distribution, leading ESG management practices.

As the use of electric commercial vans expands and the market grows in the logistics and distribution sectors, CBI plans to integrate electric commercial vehicles into the automotive parts ecosystem to lead the electrification of logistics and distribution businesses. The company will also pursue related ancillary businesses and the development of electronic components by collaborating with local governments and industry peers to promote ESG management.

A CBI representative stated, “We will become a sustainable company that strengthens our core business while securing future growth engines by expanding into eco-friendly business sectors through genuine actions rather than superficial measures. We will establish and expand the KOASIS brand philosophy and values in the domestic market and introduce various eco-friendly products and services.”

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