Chaebee Partners with Hyundai Motor to Launch Home EV Charging Subscription Service "MyHomeCharger"

*This content was translated by AI.

Chaebee (CEO Choi Young-hoon), the leading electric vehicle fast-charging infrastructure operator (CPO) in Korea, partnered with Hyundai Motor to launch the home EV charging subscription service "MyHomeCharger" on the 30th. The product was planned to proactively respond to the growing demand for home charger installations driven by the recent expansion of EV adoption.

According to the Ministry of Trade, Industry and Energy's "Automotive Industry Trends in August," domestic EV sales increased by 90.2% year-on-year, from 140,952 units to 268,092 units. Additionally, the share of EVs in the overall domestic market expanded to approximately double its previous level, rising from 12.8% last year to 24.4% this year.

"MyHomeCharger" is a service that directly installs home chargers in customer-preferred spaces, such as single-family homes or multi-unit dwellings, allowing for convenient EV charging at home. It targets customers purchasing Hyundai Motor and Genesis electric vehicles, with the full cost of a 7kW home charger valued at approximately 1.4 million won and initial installation fees covered.

The usage fee is 73,500 won per month, based on a minimum monthly contracted usage of 300kWh. The contract period is 36 months, after which ownership of the home charger transfers to the customer free of charge, with no additional costs or return procedures required. In addition, free A/S (after-sales service) is provided for two years following installation.

The subscription period runs from September 30 to December 31. Customers can sign up by registering on the Chaebee website or app and verifying their ownership of a Hyundai electric vehicle. Users can check detailed charging information, including charging history, contracted amount, remaining charge capacity, and remaining usage period, through the Chaebee app.

Chaebee is Korea's top CPO company, operating fast-charging facilities on approximately 10,000 parking spaces, and provides one-stop solutions ranging from charger manufacturing to operation. Following its introduction of the PnC (Plug & Charge) service in collaboration with the Hyundai Motor Group last June, Chaebee expanded the scope of cooperation from public fast charging to home charging through the launch of "MyHomeCharger."

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*This content was translated by AI.