LS Group and LIG Group are solidifying their collaboration in the electric bus charging infrastructure sector. LS Link, which has experience in commercial vehicle charging operations, is partnering with Dong-A Elecom, known for its power conversion technology, to jointly target the large electric vehicle charging market.
On August 26, LS Link and Dong-A Elecom announced that they signed a business agreement at the LS Yongsan Tower in Seoul to establish electric bus charging infrastructure and expand their market presence.
The two companies plan to initially expand charging infrastructure for transportation operators nationwide and increase the supply of 240kW high-output charging solutions.
The collaboration will focus on bus depots. Since electric buses require stable, high-capacity charging according to their operating schedules, the output of chargers and the stability of power supply are crucial. The companies agreed to broaden their cooperation to include everything from the construction of charging stations to operations, monitoring, and maintenance.
LS Link is the largest commercial vehicle charging operator in South Korea, serving over 5,000 buses and taxis among corporate vehicle customers. It has experience in designing charging stations and operating high-capacity charging services.
Dong-A Elecom has been providing power solutions in the communications and defense sectors based on 50 years of accumulated power conversion technology. The 240kW dispenser-type charger that the two companies plan to expand separates the power distribution device from the charging nozzle, allowing for more efficient use of depot space.
This collaboration is also a follow-up to the business partnership established between LS and LIG in March of last year. The merger of Dong-A Elecom, acquired by LIG to secure future growth engines, with LS's electric vehicle charging business marks a significant step in the two groups' cooperation in the eco-friendly mobility sector.
* This article has been translated by AI.
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