LG Electronics Starts Production of Electric Vehicle Chargers... "Providing Differentiated Solutions"

'No.1 Charger Product Production' Opening Ceremony
Apple Mango, Incorporated as a Subsidiary, Changes Company Name to 'HighBee Charger'

LG Electronics is launching its full-scale electric vehicle (EV) charging solution business, starting with the production of EV chargers.

On the 25th, LG Electronics announced that it held an opening ceremony for the 'No. 1 charger product production' at LG Digital Park in Pyeongtaek, Gyeonggi Province, attended by LG Electronics employees and GS officials. At this event, Apple Mango, an EV charger specialist company incorporated as a subsidiary of LG Electronics last year, changed its name to HiEV Charger.

Founded in 2019, HiEV Charger is a company possessing core technologies for EV chargers. LG Electronics acquired a 60% stake in HiEV Charger last year, making it a subsidiary. The GS group holds a 40% stake. After acquiring HiEV Charger, LG Electronics internalized charger development and production capabilities and plans to strengthen its EV charging solution business through collaboration with GS.

An LG Electronics researcher is demonstrating charging an electric vehicle using a high-bi charger.
[Photo by LG Electronics]

At the ceremony, four types of chargers were introduced: 7kW (slow charging, wall-mounted type and stand type), 100kW (fast charging), and 200kW (fast charging), which can be safely and conveniently installed at homes, offices, and various commercial facilities. These chargers are characterized by enhanced ▲safety (waterproof, dustproof, charging safety protection functions, etc.), ▲space efficiency (thin thickness, 2-channel dispenser), ▲ease of use (LED status indicators, touch display application, etc.), and ▲management efficiency (connector connection detection, remote updates, etc.).

LG Electronics has been focusing on the EV charging solution business early on. Starting with the advanced development of EV charging solutions in 2018, it supplied an integrated EV charging management solution to the future gas stations opened by GS Caltex in 2020. In the organizational restructuring last November, LG Electronics established the EV Charging Business Division dedicated to this business. LG Electronics also plans to promote the construction of customized complex charging stations and aims to expand product launches targeting global markets with high growth potential such as North America, Europe, and Asia, as well as expand business model cooperation with local charging operators.

Seoh Heung-gyu, Executive Director of LG Electronics’ EV Charging Business Division, said, "The production of this charger is an important momentum for LG Electronics to reinvent itself as an EV charging solution provider. We will focus on providing differentiated charging solutions with various charger form factors and new services based on convenient and fast charging for customers and stable quality for charging operators."

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