According to the Korea Herald, Korea Electric Power Corporation (KEPCO) begin operating some 569 EV charging stations installed for public usage at the company’s operation centres and in public parking spaces on the 3rd of July.
Some 989 EV charging stations installed at residential apartment complexes will also begin operation.
The development falls under $123 million investment made by KEPCO towards the construction of between 2,500 and 3,000 EV charging stations by the end of 2017.
The $123 million investment is in line with the target set by the South Korean government to increase the number of EV charging stations for the public to 3,000 by 2020 and to 6,000 by 2025.
KEPCO will be responsible for the construction and operation of half of EV charging stations the government will invest in.
The utility is also set to launch an online application which EV owners can use to locate the company’s EV charging stations as well as access information related to EV charging and the status of the company’s grid network.
Kim Pil-soo, professor of automotive at Daelim University, said: “Kepco’s role is very important in the EV industry by building the infrastructure.”
Utility investments in EV charging infrastructure
In related news, an announcement made during the first quarter of 2017 by multinational utility firm E.ON said the company partnered with Danish e-mobility service provider CLEVER to increase the number of EV charging stations in Europe.
The two parties signed an agreement to develop hundreds of ultra-fast EV charging infrastructure points along main European motorway corridors.
The 150KW EV charging stations will be situated every 120 to 180km along motorways to enable the full charging of 400km range EV batteries within 20 to 30 minutes.
E.ON and CLEVER are planning to include 350KW EV ultra-fast charging systems and other EV related services under their partnership.
The programme aims to promote the use of EVs for long distances.
“The ambition is to create a unique and coherent pan-European ultra-charging network that is capable of accommodating the charging needs of both existing EVs and the next generations of long-distance EVs.”
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