Gwangyang Economic Zone Authority Conducts Investment Attraction Activities in the e-Mobility Sector

- Investment Briefing Session Linked to Overseas Expansion of Electric Two-Wheelers

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] The Gwangyang Bay Area Free Economic Zone Authority (Commissioner Song Sang-rak, hereinafter Gwangyang Economic Authority) conducted investment attraction activities targeting electric two-wheeler manufacturers, importers, and related organizations attending the "Seminar on Supporting Overseas Expansion through Group Standards for Electric Two-Wheelers," hosted by the Korea Electric Two-Wheeler Association (Chairman Kwon Yong-beom) on Thursday, February 23, at the large conference room of Yonsei Severance Building in Seoul.

The Korea Electric Two-Wheeler Association is a corporation under the Ministry of Environment, established in 2020, centered on domestic manufacturers and importers to promote the distribution of electric two-wheelers.

[Photo by Gwangyang Economic Promotion Agency]

This seminar was held as an explanatory session on regulations, policies, group standards related to electric two-wheelers, and support for overseas expansion. To expand the electric two-wheeler market (including new market development), the seminar proceeded with presentations in the following order: business cases using the FTA platform (Gwangyang Economic Authority), promotion of Daesong Industrial Complex for the future (Hadong County), overseas certification status of electric two-wheelers (TUV Nord Korea), support for overseas export of electric two-wheelers (Korea Automotive Technology Institute), overseas expansion support projects for electric two-wheelers (Korea Trade-Investment Promotion Agency), and micro-mobility market entry centered on ASEAN (InnoMotive).

The Gwangyang Bay Area is expanding from foundational industries such as steel and petrochemicals to future growth industries like secondary batteries. It is an optimal investment location in the e-mobility sector due to its excellent industrial infrastructure and natural international port.

A representative of the Gwangyang Economic Authority stated, "We plan to conduct overseas business demand surveys including joint ventures and collaborations with foreign companies to expand global exports targeting the Korea Electric Two-Wheeler Association and its members, and actively support companies wishing to engage in overseas business."

Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik hss79@asiae.co.kr

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