South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
SK Signet Inc. said it would make and introduce chargers for electric vehicles that meet the North American Charging Standard (NACS). The South Korean major charging equipment and solutions provider is set to release these chargers this year.
On Thursday, June 15, SK Signet revealed that as it will produce the new EV chargers after complying with the NACS requirements, the product will be compatible with Tesla vehicle units.
Likewise, the company’s new charger will support synchronized charging with the said American EV maker’s NACS and current Combined Charging System (CCS) standards, as per The Korea Economic Daily.
The development of such types of chargers for electric vehicles already started, and SK Signet is making sure it will produce products that fully conform to the charging standards in North America.
The company sped up its push to of rolling out NACS-compatible chargers in response to the latest developments in the EV industry, where international automakers, including General Motors, Stellantis, and Ford Motor, have adopted the NACS-compliant superchargers. Then again, SK Signet is aiming to offer a better version that will enhance the user convenience experience.
“Americans are moving to EVs in record numbers, but the market is still evolving to create a seamless charging experience for EV owners,” Shing Jung Ho, SK Signet’s chief executive officer, said in a press release. “SK Signet is committed to providing flexible charging solutions that make it easier and faster for EV owners to recharge their vehicles regardless of the model they choose to drive.”
SK Signet America’s president, Oh Seung Jun, also commented, “SK Signet is working closely with our customers and other business partners to develop new solutions that meet the wide range of needs for EV owners in the U.S. “We will continue to expand charging options for EVs, including those with NACS standards, to support the build-out of a robust U.S. charging network.”
Photo by: SK Signet Newsroom
