A LG announced last Thursday, the 25th, the start of production of chargers for electric vehicles manufactured by HiEV Chargera subsidiary acquired by the manufacturer in 2022. There are four different models in the portfolio, which differ in power depending on the purpose.

Products may need 7 kW – those suitable for mounting on a wall or on poles – 100 This 200 kW, which are considered fast loading. All of them, according to LG, have been designed to provide easy installation and are suitable for use in homes, offices and other commercial environments such as tech stations.

The devices also come with advanced security features, water and dust resistance, and remote update capability. In addition, they have the functions of electrical and thermal protection during charging. Thanks to the location of the two connectors, it will be possible to power two electric vehicles at the same time.

According to a survey by a consulting company Roland BergerThe global market for this type of charging vehicle is set to reach US$186 billion by 2030. McKinsey and company it is estimated that by 2040 the park should increase to 11 million. The global growth of this automation industry has forced LG, well known for its computer products and televisions, to focus on this area.

Market growth was critical to LG’s new goal

“The launch of electric vehicle chargers is significant for LG as it encourages us to become a total solution provider for electric vehicle charging,” he said. Su Heung Gyuvice president and head of the company’s electric vehicle charging business unit.

“We will focus on providing convenient and fast charging solutions for electric vehicle owners and differentiated solutions by offering various form factors and new services for our valued partners,” he added, according to the manufacturer in an official press release.

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Source: LG

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