SK Signet Inc., a global manufacturer of electric vehicle (EV) charging solutions for consumer and commercial vehicles, and HUBER+SUHNER AG, a global leader in electrical and optical connectivity solutions, have signed a Memorandum of Understanding (MoU). The Global leaders in fast-charging equipment and electrical systems will share information and insights on EV infrastructure.
This MoU is to share expertise and knowledge to help accelerate the global development of charging infrastructure for electric vehicles. It is intended to spur innovations in EV charging infrastructure to support the growth of EVs.
According to the IEA’s Global Vehicle Outlook 2022, the number of publicly available EV charging stations reached 1.8 million units in 2021, a 37 percent increase from the year before.
The growth, however, wasn’t fast enough to keep pace with electric vehicle sales. By 2030, this number will need to increase twelve-fold to meet publicly stated goals for electrification, the report says.
Jung Ho Shin, K Signet CEO, said: “Car-buyers are showing a strong interest in EVs to reduce their impact on the environment and their dependence on gas, but they don’t want to give up the convenience of a quick fill-up at their local service station.
“By sharing knowledge and expertise, SK Signet and HUBER+SUHNER hope to gain new insights that help us each advance our EV charging technology and provide consumers faster ways to recharge their vehicles.”
SK Signet, formerly Signet EV, was acquired last year by SK Inc., the strategic investment arm of South Korea’s SK Group. SK Signet has sold more than 20,000 electric vehicle charging stations worldwide and is a market leader in fast and ultra-fast charging technology.
Francisco Fraga, SVP Sales of Industrials for HUBER+SUHNER, said: “We are very proud of our ongoing collaboration with SK Signet to advance safe, high performance and reliable charging solutions for the fast-growing EV market.
“SK Signet was one of our first partners for Electrify America and we are confident that with our combined expertise and exceptional quality standards, we will continue to innovate the industry well into the future.”
HUBER+SUHNER boasts the largest number of installed cooled, high-power charging (HPC) systems for electric vehicle charging stations in the world.