Report says the infrastructure of EV will grow 73% in South Korea.

Report says the infrastructure of EV will grow 73% in South Korea.

Electric Vehicles

According to the new research, Electric Vehicle charging infrastructure of South Korea by 2020 will grow at 72.7% and to reach 90,000 stations and this growth will be driven by the demand for rapid-charging outlets and come on back of the Government subsidies for both the installation and hardware costs.

The only two EVs that are currently available in South Korea with rapid charging capability – Renault Samsung SM# ZE and Kia Ray as per The Frost & Sullivan Report noted.

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