SK Signet Partners with Water to Expand Ultra-Fast Charging Infrastructure for Electric Vehicles

Infrastructure Improvement Considering Charging Characteristics by Vehicle Type

Electric vehicle charger manufacturer SK Signet recently announced on the 19th that it signed a Memorandum of Understanding (MOU) at its headquarters in Yeouido, Yeongdeungpo-gu, Seoul, to expand the electric vehicle rapid charging network WATER and ultra-rapid charging business. Through this agreement, both companies will cooperate to install ultra-rapid chargers to promote the distribution of electric trucks and high-floor electric buses.

WATER is a CPO (Charge Point Operator) brand operated by Bright Energy Partners (BEP), currently expanding its rapid charging infrastructure with the goal of entering the top three operators within three years.

As the number of registered electric vehicles in Korea has exceeded 500,000, the demand for expanding rapid charging facilities is growing. SK Signet and WATER plan to collaborate on charging station operation management systems, charger installation and management, and user experience (UX) improvements.

On the 9th, at the SK Signet headquarters in Yeouido, Yeongdeungpo-gu, Seoul, from left to right, Park Heung-jun, Head of Sales at SK Signet, Kim Hee-sung, CEO of Bright Energy Partners, Shin Jeong-ho, CEO of SK Signet, and Yoo Dae-won, Chief Investment Officer (CIO) of the Water Business Division at Bright Energy Partners, are posing for a commemorative photo after signing a business agreement.
[Photo by Bright Energy Partners]

Park Heung-jun, Head of Sales at SK Signet, said, "Through this partnership, we will contribute to the expansion of electric vehicle distribution and expand the domestic ultra-rapid charging infrastructure." Yoo Dae-won, Chief Investment Officer (CIO) of the WATER division at Bright Energy Partners, stated, "We will increase rapid and ultra-rapid chargers at transportation hubs such as highway rest areas."

Since starting to supply chargers to the Ministry of Environment in 2012, SK Signet has manufactured and operated more than 14,000 chargers. In June, it won bids for both Zones 1 and 2 in the 'Ministry of Environment Public Rapid Charger Manufacturing and Installation Project.' Currently, SK Signet operates Asia's largest R&D center applying the latest technology and has established a system capable of analysis and verification to respond to global standards and specifications in the ultra-rapid charging market.