In the process of entering the KOSDAQ market (IPO) through Samsung Securities (listed company), the’Charger’ is expected to receive investment from funds invested by Hyundai Motor Company and Korea Development Bank.
Chargein is an electric vehicle charging platform company. The only electric vehicle charging, customer management, and roaming payment settlement platform in Korea is attracting attention. Currently, the company is carrying out a charging-type (chargeable) outlet, a slow charging subsidy business from the Ministry of Environment, and a rapid charging station business at a gas station at Hyundai Oilbank. Currently, the main areas for the charging business are Jeju, Daegu, and Gyeongbuk.
According to the investment banking (IB) industry on the 6th, Charge-in attracted investment from the’ZERO1NE 2 Fund’ worth 74.5 billion won created with the Korea Development Bank to support promising start-ups in the future mobility sector by Hyundai Motor Group. In progress.
The fund has a meeting with the owner and is reviewing investments, and plans to reveal specific amounts and investment plans within this month.
The Zero One 2 fund managed the fund by investing △Hyundai Motor 18 billion won △Kia 12 billion won △Hyundai Motor Securities 5 billion won, and △Korea Development Bank 20 billion won △Shinhan Bank 3 billion won to participate as an investor. In addition, the fund participated as an investor by investing in Hyundai Motor Group affiliates such as Hyundai Mobis, Hyundai MNSoft, Hyundai Transys, Hyundai Autoron, and Hyundai Engineering, as well as partners such as Mando, Donghee, Global Auto Trading, and Korea FT. The investment targets are promising startups in future new business fields, including future mobility, eco-friendly cars, AI, and connected cars.
Hyundai Motor Group and the Korea Development Bank △Share eco-friendly mobility industry trends and information △Share information on discovered companies △Establish a joint investment cooperation system and jointly create a growth fund △Exchange and commercialize information on new promising business items △Support business funds for new business collaboration companies △Previous investment We are cooperating with each other in various fields, such as joint investment and fostering of companies and prospective companies.
The decision to invest in charge-in is also in line with the purpose of establishing the Zero One 2 Fund. In the first quarter of this year, Chi-in Cha is conducting a demonstration of overseas business (Southeast Asia) and is in the process of realizing the business in cooperation with the Ministry of Industry. In addition, it was decided to participate in the demonstration business of a domestic electric vehicle manufacturer, and it is known that it has signed an alliance card contract with a domestic financial company.
The plan for the second quarter of this year is to participate in the national electric vehicle charging blockchain demonstration project and to discuss the charger rental business with a domestic capital. In the third quarter, it is considering participating in the electric vehicle charging and carbon credit verification projects in the US.