[New Partnership] with Hyundai Electric for Charging business based-on ‘RE100 Eco-Friendly Energy’

Hyundai Electric (established in 2017) launched INTEGRICT, an affiliate of Hyundai Heavy Industries’ power equipment and energy solutions, to enter energy solution sector by integrating and managing various energy facilities’ information, communication technology and big data. It is continuously growing as a leading manufacturer of comprehensive electric and electronic devices and energy solutions at home and abroad, taking the world’s fifth largest share of the global transformer market.

Charzin — Hyundai Electric Co., Ltd. announced eco-friendly energy-based charging business agreement

- RE100 eco-friendly renewable energy is stored in ESS and used for electric vehicle charging

- Interlocking the charging platform of Charzin and the power trading platform of Hyundai Electric Co., Ltd.

- Provides carbon credits and user RE points using RE100 eco-friendly new and renewable energy

• As a fast charging partner of Hyundai Heavy Industries Oil Bank, Charzin is the only smart charging platform company linked to the intelligent power grid in Korea and the 1st billing power outlet company with the provisional regulatory sandbox permission