Hyundai Motor’s ultra fast ‘Hi-Charger.’ (image: Hyundai Motor)
SEOUL, Dec. 17 (Korea Bizwire) — The government plans to invest 92.3 billion won (US$84.6 million) next year to set up an additional number of electric vehicle (EV) chargers.
The Ministry of Environment announced Wednesday that it will work jointly with the private sector to set up more than 70 350-kilowatt (kW) chargers for EVs at major expressway service areas.
The 100 kW chargers set up previously took at least 1 hour to charge a single EV, with a maximum distance coverage of 400 kilometers, up to 80 percent.
New 350 kW chargers, in contrast, can charge an EV to 80 percent in just 20 minutes.
The government also plans to set up various types of standard chargers in less accessible areas including residential areas and apartment complexes.
At expressway service areas, gas stations, and charging stations, the government plans to set up approximately 1,600 high-speed EV chargers.
An additional 8,000 standard chargers will be installed in residential and business areas.
Kevin Lee (kevinlee@koreabizwire.com)
