First Among Domestic Companies... Expected to Receive Subsidy Benefits

LG Energy Solution has become the first domestic company to qualify for subsidies for Battery Swapping Stations (BSS).


On the 31st, LG Energy Solution announced that it had obtained the national standard (KS) certification issued by the Korea Testing Certification (KTC) for the first time in Korea in the categories of 'BSS' and 'Electric Two-Wheeler Swappable Battery Pack.' With this, the company has met the essential requirements for government support policies aimed at promoting the distribution and expansion of electric two-wheelers and activating the battery subscription market, making it eligible for subsidy benefits. Earlier, the Ministry of Environment announced that installation costs would not be supported for battery swapping charging facilities that do not meet the national standards, following the recent finalization of related subsidy operation guidelines.


LG Energy Solution's exchangeable battery pack of 'KooRoo'. Provided by LG Energy Solution

LG Energy Solution's exchangeable battery pack of 'KooRoo'. Provided by LG Energy Solution

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The KS certification items obtained by LG Energy Solution include four categories related to electric and mechanical specifications, communication protocols, performance, safety, durability of swappable battery packs, and battery swapping charging facilities. LG Energy Solution stated, "Until now, inefficiencies caused by differing products and standards among manufacturers in the battery swapping electric two-wheeler market have been a chronic problem hindering market growth. By being the first domestic company to acquire national standard requirements, we can significantly enhance our competitiveness within the standardized market promoted by the government."


LG Energy Solution plans to leverage this certification to work with the government to revitalize the domestic electric two-wheeler swappable battery market. Additionally, through participation in research and development projects under the National Standard Technology Enhancement Program with the Korea Automotive Technology Institute and Kangwon National University, the company aims to ensure that KS standards are reflected in global markets such as the International Organization for Standardization (ISO).



A representative from LG Energy Solution said, "Currently, we have established over 440 KooROO battery swapping service stations nationwide, and we plan to expand not only in the metropolitan area but also in major metropolitan cities such as Busan, Daegu, Daejeon, and Gwangju." They added, "Through B.around, a total battery management solution, we plan to ensure that batteries are safely managed throughout their entire lifecycle."


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

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