Home › Other Energy Applications ›SK Networks Invests in EV Charging Company Everon
SK Networks Invests in EV Charging Company Everon
SK networks has been engaged in the mobility business through its affiliates SK Rent-a-Car and car management brand SpeedMate, and is now making an investment in an EV infrastructure company to prepare for the era of home-based EV charging.
January 21, 2022. By News Bureau

SK networks has been engaged in the mobility business through its affiliates SK Rent-a-Car and car management brand SpeedMate, and is now making an investment in an EV infrastructure company to prepare for the era of home-based EV charging.
Through this, the Company aims to actively seek to reinforce and expand the mobility business.
SK networks (President: Sang Kyu Park) announced on January 20 that it will become the second largest shareholder of Everon, a Level 2 EV Charge Point Operator (CPO) by investing approximately 10 billion KRW.
As SK networks emphasized its transition to a business-type investor through the new year's address, this investment was decided in order to facilitate the evolution of the mobility business, one of the Company's key business areas, and also in terms of future industrial growth potential and ESG management orientation.
While efforts are being made across the globe to cope with the climate change crisis and promote ESG values, more and more eco-friendly vehicles are coming to the market in a fast growing trend which in turn calls for the support of charging infrastructure.
EV charging at home or workplace where people spend most of their time is expected to become more popular and the government is also implementing a plan to install 500,000 units of Level 2 chargers by 2025 in collaboration with civil institutions. It is judged by SK networks that Everon's role will be enlarged in the course of EV market change and infrastructure expansion.
Therefore, this investment is a strategic choice made to participate in the domestic EV charging facility expansion and create ESG management results by making a contribution in carbon emission reduction.
Through this investment in Everon, SK networks plans to seek mobility business expansion opportunities, while at the same time actively searching for prospective investment projects that have global market competitiveness in addition to future businesses linked with the existing businesses.
Executive Vice President of SK Networks, Ho-jeong Lee said, "We hope this investment would facilitate accelerated future mobility business development. We also look forward to results from the investment made in Everon as well as business synergies between the headquarters and affiliates," and added, "We will further build up a sustainable management foundation as a business-type investor by getting hold of global growth areas and reinforcing investment capabilities."
Through this, the Company aims to actively seek to reinforce and expand the mobility business.
SK networks (President: Sang Kyu Park) announced on January 20 that it will become the second largest shareholder of Everon, a Level 2 EV Charge Point Operator (CPO) by investing approximately 10 billion KRW.
As SK networks emphasized its transition to a business-type investor through the new year's address, this investment was decided in order to facilitate the evolution of the mobility business, one of the Company's key business areas, and also in terms of future industrial growth potential and ESG management orientation.
While efforts are being made across the globe to cope with the climate change crisis and promote ESG values, more and more eco-friendly vehicles are coming to the market in a fast growing trend which in turn calls for the support of charging infrastructure.
EV charging at home or workplace where people spend most of their time is expected to become more popular and the government is also implementing a plan to install 500,000 units of Level 2 chargers by 2025 in collaboration with civil institutions. It is judged by SK networks that Everon's role will be enlarged in the course of EV market change and infrastructure expansion.
Therefore, this investment is a strategic choice made to participate in the domestic EV charging facility expansion and create ESG management results by making a contribution in carbon emission reduction.
Through this investment in Everon, SK networks plans to seek mobility business expansion opportunities, while at the same time actively searching for prospective investment projects that have global market competitiveness in addition to future businesses linked with the existing businesses.
Executive Vice President of SK Networks, Ho-jeong Lee said, "We hope this investment would facilitate accelerated future mobility business development. We also look forward to results from the investment made in Everon as well as business synergies between the headquarters and affiliates," and added, "We will further build up a sustainable management foundation as a business-type investor by getting hold of global growth areas and reinforcing investment capabilities."
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
please contact: contact@energetica-india.net.