LG Electronics to Launch EV Chargers in the US as It Enters the American Market

LG Electronics is launching its chargers in the United States. This move will also mark the company’s entrance into the American charger market.

LG Electronics revealed it will officially enter the fast-growing EV charger industry in the region next year. For starters, it will roll out 11-kilowatt slow chargers and 175-kilowatt fast chargers within the first two quarters of 2024.

Introducing Versatile Chargers

According to the Korea Times, the slow chargers that LG Electronics is bringing to the U.S. market boast versatility. It is a type that can be used in various environments and can be easily installed on either wall or ground surfaces.

Moreover, these LG Electronics chargers come complete with a self-control solution for safety, as its main function is to limit power loads as well as regulate power according to different distribution settings. This will offer safe electricity delivery to EV users at supermarkets, shopping malls, and other commercial spaces.

LG Electronics added that it is planning to expand its fast charger models and bring them to the U.S. next year. It also noted that today, fast chargers are in high demand as more drivers of electric vehicles start to travel long distances.

EV Charger Standard

The South Korean electronics firm said this will be its very first foray into the overseas market for chargers. Korea Joongang Daily reported that the company will offer configurable fast chargers that will be able to function with both the charging system (CCS1) and Tesla's North American Charging Standard (NACS).

Finally, it was noted that LG Electronics has been adding more business units to its portfolio. But while it is broadening its business scope, it remains focused on electrification and the business-to-business (B2B) market. In Korea, it has already introduced four kinds of EV chargers that are accessible in busy locations, such as the Emart convenience store chain.

Photo by: LG Newsroom