Hyundai Motor Group takes DC fast charger production in-house, instead of relying solely on external suppliers.
. The Tesla Supercharging network in the country expanded from 33 to 106 sites, within the same period.explains that Hyundai has decided to develop its own chargers, because of the relatively slow rollout of the E-pit infrastructure. The reason why the rollout was slow, apparently, is the cost of chargers/stations from external suppliers.
The E-pit network is a premium one, with four to six 350-kilowatt chargers, and a pretty fancy canopy. According to the article, expensive materials and a higher standard required by the group increased the cost of individual chargers beyond the industry average, estimated at $113,000 .In other words, Hyundai Motor Group is taking DC fast chargers in-house probably to cut costs and increase scale.
Tesla has been successfully producing its own charging equipment since the beginning, so the strategy might pay off in the long term, especially since Hyundai Motor Group has all of the necessary power electronics know-how. The news is probably not good for the current E-pit suppliers, like SK Signet and EVSIS Co. . Interestingly, the article says that Daeyoung Chaevi, which operated E-pit systems and chargers, has recently ended its one-year partnership with Hyundai Motor. If true, it suggests that some bigger reshuffling is happening behind the scenes as electrification progresses.
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