SK Signet Inc., the total solution provider for electric vehicle charging, revealed on Thursday, March 7, that it will supply its fast chargers for electric vehicles to the United States. The South Korean firm said it is ready to deliver its EV chargers after meeting the National Electric Vehicle Infrastructure Standards (NEVI).
According to The Korea Economic Daily, SK Signet will supply the fast chargers to the charging stations being built by Francis Energy in Ohio. With its range of products and productions, the company has become the fourth-largest EV fast-charging operator in the U.S.
Ohio Charging Stations
The Korean electric vehicle charger maker shared that the site where it will deliver its fast chargers is still under construction. According to License News, once completed, it will provide 400 kilowatts (kW) fast chargers that can fully charge an EV within just 18 minutes.
This also passed the NEVI standards as it boasts of an efficient design. It was in July 2023 when SK Signet and Francis Energy first signed an agreement for a long-term partnership. Their contract is mainly a deal for the supply of fast chargers for a minimum of 1,000 units for five years. The deliveries are expected to continue until the year 2027.
Potential Expansion of Business Deal
SK Signet and Francis Energy mentioned that although their supply deal will end in five years, they plan to continue their partnership. This means they may still work on more projects once the Ohio project is done.
"It is meaningful to install the first NEVI-selected ultra-fast charger in Ohio through cooperation with Francis Energy," SK Signet's chief executive officer, Shin Jeong Ho, said. "We will continue to contribute to the spread of electrification in the United States and global net zero by providing high-quality ultra-fast chargers."
Francis Energy's chairman and CEO, David Jankowski, also said, "We are pleased to be able to work with SK Signet to break ground on the first electric vehicle charging station in Ohio at a NEVI-selected site and improve infrastructure accessibility. Starting with this Ohio project, we have long-term plans to expand charging infrastructure in other parts of the country."
Photo by: SK Signet Newsroom


SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease
Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
Robinhood Expands Sports Event Contracts With Player Performance Wagers
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 



