South Korea Looks To Boost Its Plug-In Electric Car Market
Another country gets added to the list of places trying to dramatically accelerate EV adoption. This time, it is South Korea’s turn.
Guess how many plug-in electric car sales South Korea had in 2014? If you guessed 850, you’d be correct.
That low number rather shocks us, seeing as how South Korea has a reputation for an advanced, technologically drive country. This includes the lithium ion battery industry.
Like most nations trying to boost adoption of plug-ins, South Korea will be making some large investments. The charging network is the most important.
Seoul is the largest city in South Korea. The city currently has less than 100 public charging stations, and less than 80 private stations. The government wants to have 100,000 more charging stations, both public and private.
Most, if not all of these will be regular 220v outlets to support a portable charger. The “charging stations” are from Powercube, and cost under $1,000 USD to install.
These can also have an RFID reader added to them so the Powercube can track the person’s charging use and bill directly.
Another company called Kodi is offering a 3.3 kW mobile charger for less than $1,000. Charging times and cost can be monitored via smart phone.
Another one to commit to this project is POSCO ICT. They will add charging stations in a few different areas. Mainly hotels. KT Corporation will try and turn unused telephone boxes into charging stations too.
Well, it looks as if South Korea’s goal to boost EV adoption is strong with lots of parties committed!
Source: Navigant Research.