SK Broadband enters EV charging business

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SK Broadband enters EV charging business

SK Broadband’s home-care subsidiary Home & Service is getting into the electric vehicle (EV) charging business.
Home & Service, which sets up internet and IPTV services for SK Broadband, said Wednesday it has been chosen as one of five operators of the Seoul Metropolitan Government’s new socket-type EV charger project.
The other four companies are Powercube, Charzin, Starkoff and Dayou Plus.  
The Seoul city government said Monday that it will install 7,000 socket-type chargers for EVs in 294 residential areas around Seoul by the end of this year.  
Socket-type EV chargers can be installed in apartment parking garages. They take up less space than conventional EV chargers, which need a separate machine to function and look like sockets in walls. 
It costs around 500,000 won ($429) to install each charger, which will be paid for by the city government. The chargers have an electric capacity of 3 kilowatts per hour and cars can run 150 kilometers (93.2 miles) after charging for 10 hours. 
Home & Service said it will use its know-how after managing 6.2 million SK Broadband customers’ internet and IPTV services across the country.
The company will start setting up chargers this month.  

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