CJ Logistics will introduce 1-ton electric freight vehicles to replace its diesel vehicles by 2030 while also starting a business of installing EV charging stations for the trucks.
The company's transition will begin by operating two electric trucks each in two sub-terminals in Gunpo, Gyeonggi Province, and Ulsan.
The company noted that they would be the first to commercialize the use of electric trucks, although
CJ installed an EV charging station in Gunpo and two in Ulsan for the trucks, which are available for other drivers for a fee.
The electric trucks to be utilized by CJ Logistics can drive up to 180 kilometers at a single charge and can be fully charged in an hour.
They will be departing from the Gunpo terminal deliver to Anyang in the same province requires about 50 kilometers of daily driving average.


Toyota, Honda Shares Rise on Possible U.S.-Canada Auto Tariff Cut
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks
REPAY Stock Rises After Visa Platform Connect Collaboration
Google to Move All Pixel Production Out of China by 2027
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook
Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead
CK Hutchison Seeks $1.5 Billion From Panama Over Canal Ports
SK Hynix Shares Surge on Record $28.6 Billion Buyback
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push
Standard Chartered Expands Hedge Fund Access for Wealth Clients
OpenAI Tightens AI Safety Monitoring After Security Incidents
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 



