LG Electronics Partners with Ulsan City to Expand Personal Mobility Parking Solutions
Utilization of LG Electronics' In-house Independent Company App
LG Electronics has partnered with Ulsan Metropolitan City to establish a proper parking culture for personal mobility (PM) devices such as electric kickboards and to revitalize local commercial districts.
On the 26th, LG Electronics announced that it signed a memorandum of understanding (MOU) with Ulsan City to introduce personal mobility stations. Both parties agreed to mutually cooperate on the installation of PM stations going forward. PM stations are parking lots where shared personal mobility devices such as electric kickboards and electric bicycles can be wirelessly charged. They can be accessed through the application (app) "Pluspot," launched by CurrentDot, an in-house independent company (CIC) of LG Electronics.
Example image of using the PlusPot service by CurrentDot, an in-house independent company (CIC) of LG Electronics / Photo by LG Electronics
View original imagePluspot is an app that rewards points to the registered account of riders when they park shared personal mobility devices at the stations. It aims to provide convenience for riders as well as ease of device management for operators. It can also positively impact urban aesthetics and nearby commercial areas, making it an example of environmental, social, and governance (ESG) initiatives.
CurrentDot launched the Pluspot app in October last year. Starting with 20 locations in Yeongtong-gu, Suwon-si, Gyeonggi-do, the service expanded its PM station installations nearly fivefold within three months, extending the service area throughout the city. Beginning with the Ulsan City project, the plan is to continuously add more service regions in the future.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- "Why This Bonus Grade?" Civil Servant Who Assaulted HR Employee... Court Rules Demotion Is Justified
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Wooramchan, Executive Director of LG Electronics Platform Business Center Factory10, stated, “We will work closely with Ulsan City to provide citizens with a comfortable mobility experience, contribute to the city’s environmental beautification, and foster mutual growth with personal mobility companies.” Factory10 is an organization established in 2021 with the purpose of nurturing new businesses as independent ventures and supporting their success.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
