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Hyundai Motor Group’s Subsidiary Will Produce Quick Chargers In-Home

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Hyundai Motor Group’s Subsidiary Will Produce Quick Chargers In-Home

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Hyundai Motor Group (Hyundai, Kia, and Genesis) takes DC quick charger manufacturing in-house, as an alternative of relying solely on exterior suppliers.

In accordance with KED World, the group’s subsidiary Hyundai Kefico Corp., engaged primarily in engine and transmission parts-making, is near launching its personal ultra-fast chargers, with an influence output of as much as 350 kilowatts.

The corporate introduced EV charger growth in October 2022, beneath the Blue Plug title, and is predicted to launch the primary product in South Korea later this yr, as soon as it will get the mandatory certification.

The principle thought behind in-house chargers is to provide them for the Hyundai Motor Group’s E-pit ultra-fast charging community in South Korea.

The E-pit community was launched in April 2021, beginning with 12 stations and 72 chargers (high-power, 800 V). The article says that since then, the variety of stations elevated to 36, which is taken into account inadequate to meet up with Tesla. The Tesla Supercharging community within the nation expanded from 33 to 106 websites, inside the identical interval.

KED World explains that Hyundai has determined to develop its personal chargers, due to the comparatively gradual rollout of the E-pit infrastructure. The explanation why the rollout was gradual, apparently, is the price of chargers/stations from exterior suppliers.

The E-pit community is a premium one, with 4 to 6 350-kilowatt chargers, and a fairly fancy cover. In accordance with the article, costly supplies and a better customary required by the group elevated the price of particular person chargers past the business common, estimated at $113,000 (150 million received).

E-pit fast charging station in South Korea

E-pit quick charging station in South Korea

In different phrases, Hyundai Motor Group is taking DC quick chargers in-house most likely to chop prices and enhance scale. The query is whether or not the brand new enterprise department might be restricted to South Korea or if chargers may even be exported to different nations.

Tesla has been efficiently producing its personal charging tools for the reason that starting, so the technique would possibly repay in the long run, particularly since Hyundai Motor Group has the entire obligatory energy electronics know-how.

The information might be not good for the present E-pit suppliers, like SK Signet (a part of the broader SK Group) and EVSIS Co. (Lotte Group). Curiously, the article says that Daeyoung Chaevi, which operated E-pit programs and chargers, has just lately ended its one-year partnership with Hyundai Motor. If true, it means that some greater reshuffling is going on behind the scenes as electrification progresses.

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