Power Plaza, the provider of the electric truck called Peace, announced on August 6 that the provincial government included the electric truck in its electric vehicle competition for Jeju residents and corporations. (image: Power Plaza)
SEOUL, Aug. 8 (Korea Bizwire) – A light-weight electric pick-up truck will be provided to Jeju residents as the first-ever electric truck model for the commercial use in the volcanic island in Korea’s south.
Power Plaza, the provider of the electric truck called Peace, announced on August 6 that the provincial government included the electric truck in its electric vehicle competition for Jeju residents and corporations.
A total of 225 selected winners of the competition will be given hefty subsidies covering vehicle costs and battery charger installation. This year, the provincial government added taxis and freight trucks this year to encourage more applicants.
The Peace, the compact-sized electric truck, is a remodeled version of GM Korea’s Labo micro-truck making it an electric vehicle replacing its LPG engine and other related parts with an electric motor and battery pack.
Equipped with a 26-kilowatt induction motor, it boasts 35 horsepower and carries a maximum of 500 kilograms of freights. With a 17.8-kWh battery pack, it can run up to 71.9 kilometers with a full charge.
It costs 37.9 million won (US$36,500) but the selected winners can get it at 14.9 million won with 23 million won of subsidies from the central government (15 million won) and the provincial government (8 million won).
As the model is designed to deliver small-sized cargoes to nearby neighborhoods, its provider expects that it will gain much popularity among farmers and small business owners in the province. An official at Power Plaza said, “I’m very thrilled to offer the small-sized electric trucks for the commercial activities like neighborhood package delivery.”
By John Choi (johnchoi@koreabizwire.com)
The electric truck is best for our environment. This is very good news for electric vehicle company day by day increase their popularity. So the positive sentiment coming from the industry and companies.