Electric Vehicle Industry Showcase EV Trend Korea 2024 Kicks Off in Seoul | Be Korea-savvy

Electric Vehicle Industry Showcase EV Trend Korea 2024 Kicks Off in Seoul


The highly anticipated EV Trend Korea 2024 exhibition opened its doors on March 6. (Image courtesy of Yonhap)

The highly anticipated EV Trend Korea 2024 exhibition opened its doors on March 6. (Image courtesy of Yonhap)

SEOUL, Mar. 7 (Korea Bizwire) – The highly anticipated EV Trend Korea 2024 exhibition opened its doors on March 6 in Seoul’s Gangnam district, at the COEX Convention and Exhibition Center, presenting a forward-looking vista into the electric vehicle (EV) and charging infrastructure sector. 

Organized by the Ministry of Environment, in partnership with COEX and the Korea Battery Industry Association, the seventh edition of EV Trend Korea has successfully attracted 86 companies from both South Korea and abroad, showcasing their latest innovations across 445 booths.

The exhibition is strategically designed to serve as a melting pot of information for companies related to electric vehicles, especially those eyeing expansion into overseas markets, by facilitating a platform for sharing knowledge and exploring investment opportunities. It also aims at broadening the adoption of electric vehicles among private consumers. 

The exhibition is strategically designed to serve as a melting pot of information for companies related to electric vehicles. (Image courtesy of Yonhap)

The exhibition is strategically designed to serve as a melting pot of information for companies related to electric vehicles. (Image courtesy of Yonhap)

This year, EV Trend Korea is co-located with InterBattery 2024, the country’s largest battery exhibition, allowing visitors to immerse themselves in the interconnected worlds of EVs and battery technologies under one roof. 

Prominent participants in the EV mobility sector include Hyundai and Kia, while the charging manufacturing space sees contributions from ModernTech and LG Electronics.

In the realm of charging components, companies like Megmeet, Sinexcel, and Aha are showcasing their offerings.

Moreover, the charging service sector is represented by notable names such as Chaevi, LG Uplus, EVSIS, and Water, each bringing innovative solutions to the forefront.

The exhibition floor is dominated by the charging manufacturing and service sectors, reflecting the pressing need for more accessible and user-friendly charging infrastructure—a factor often cited as a barrier to the adoption of electric vehicles.

Water has been drawing significant attention for its rapid EV charging network service, offering an open network compatible with all electric vehicles.

Water booth (Image courtesy of Yonhap)

Water booth (Image courtesy of Yonhap)

 

The company’s simplified charging stations and mobile app make the charging process quick and hassle-free, allowing users to simply scan a QR code and initiate charging, with automatic payment processing.

Water’s inclusive approach allows any electric vehicle model to utilize its services. 

Another highlight is LG Uplus’s Cable-UP charging system, which is ingeniously mounted on the ceiling to prevent contamination and water damage, offering a novel solution to the spatial challenges of installing chargers on the ground.

This system can serve four parking spaces with a single charger, demonstrating efficient use of space.

Additionally, ModernTec’s unmanned robot charging system “ModernBoy” captivates visitors with its innovative approach.

Developed considering the heavy cables resulting from increased battery capacities and the challenges faced by individuals with mobility issues, the robot autonomously navigates to the vehicle and precisely connects the charger. 

The afternoon session on the opening day included a conference delving into the latest trends and future outlook of the EV charging industry.

Cable Up recharging system (Image courtesy of Yonhap)

Cable Up recharging system (Image courtesy of Yonhap)

 

The keynote speaker, Choi Yoon-Chang from the Korea Testing Certificate Institute, emphasized the ongoing development of various technologies aimed at enhancing charging speed, such as megawatt charging, as well as the convenience of wireless and robotic charging.

He also highlighted the need for standardized communication protocols across vehicles, chargers, and servers.

EV Trend Korea will conclude on March 8 with back-to-back seminars focused on user-centric charging infrastructure prospects and the investment climate for electric vehicles in Korea, promising insightful discussions on shaping the future of the EV industry.

Kevin Lee (kevinlee@koreabizwire.com) 

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