South Korea to install 3,000 fast-charging stations in 2021
South Korea plans to install 3,000 new fast-charging stations for electric cars throughout 2021. The Ministry of Finance also plans to include 43 ultra-fast charging stations for the first time this year and will subsidise carmakers to secure sites for at least another 80 HPC stations.
In detail, the government will deploy 2,280 charging stations at locations like “express service facilities” where private entities have been reluctant to install charging stations due to high cost, the
Korea Herald reports. We translate this as private supermarket sites or their parking garages, for example.
The new strategy of chipping in where private investors are reluctant also shows in further subsidies. The state will support private operators to install 289 sites at locations that are more accessible and profitable. The government will even subsidise 300 fast-charging stations at pit stops.