Written by 11:07 AM Economics

LG Electronics is boosting its presence in the electric vehicle market by expanding fast chargers for electric vehicles and robot chargers in Seoul.

Seoul Metropolitan Government signs business agreement with LG Electronics … Replacement and addition of chargers in parks and parking lots, collaboration with Doosan Robotics… Automatic charging by opening the charging port with a robot,

A model controlling LG Electronics' 100kW fast charger through a touchscreen (provided by LG Electronics). ⓒ News1

A model controlling LG Electronics’ 100kW fast charger through a touchscreen (provided by LG Electronics). ⓒ News1,
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, “(Seoul=News1) Reporter Park Joo-pyeong = LG Electronics (066570) is actively promoting its electric vehicle (EV) charging solution business, one of its new growth engines. The company is partnering with Seoul Metropolitan Government to install urban fast chargers and robot charging solutions.”,
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, “LG Electronics announced on the 30th that it will sign a memorandum of understanding (MOU) with Seoul Metropolitan Government at Seoul City Hall for ‘Establishing Convenient Electric Vehicle Charging Infrastructure’.”,
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, “Through this MOU, LG Electronics will supply fast (200/100kW) and standard (7kW) chargers, as well as robot charging solutions to charging point operators (CPOs) such as Nexen. Seoul Metropolitan Government will identify spaces in need of electric vehicle chargers and provide administrative support.”,
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, “LG Electronics plans to install over 50 fast chargers by 2026 by replacing or adding electric vehicle chargers in buildings, parks, and parking lots operated by Seoul Metropolitan Government. Additionally, they will install more than 10 robot charging solutions developed in collaboration with Doosan Robotics, mainly in welfare centers, to enhance charging convenience for vulnerable road users.”,
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, “The robot charging solution combines LG Electronics’ fast chargers (200/100kW) with Doosan Robotics’ charging robot. When a driver parks in a designated charging zone and opens the charging port, the charging robot autonomously connects the charging cable. This allows even customers with limited mobility to easily charge their vehicles without manually connecting the charging cable.”,
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, “LG Electronics will provide real-time charging status and charger information through its cloud-based monitoring platform ‘E-centric’. Since the end of last year, they have extended the operating hours of electric vehicle chargers to include weekdays, evenings, and weekends.”,
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, “They plan to expand the electric vehicle charging solution business continuously based on domestic and international partnerships.”,
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, “Last month, they signed a business agreement for ‘Expanding Electric Vehicle Charging Business’ with ChargePoint, the top charging operator in North America. ChargePoint is the largest charging operator in North America, operating electric vehicle charging stations throughout the United States and Canada, as well as in 16 European countries and India and other global markets.”,
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, “According to consulting firm Roland Berger, the global electric vehicle charging market is expected to grow at an average annual rate of 32.3%, reaching approximately $186 billion by 2030. In line with this, the Ministry of Environment announced that it will expand the number of electric vehicle chargers to over 1.2 million by 2030, an increase of about six-fold compared to 2022.\n”

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