Jung-hee Kim, Gounee Yang

Global Economic News

AS one of the top solar panel manufacturers in the world, Hanwha Q CELLS has announced that it will enter the electric vehicle (EV) charging service market with a new brand called “Hanwha Motiev.”

The name of the subsidiary company, “Hanwha Motiev,” is a combination of “Motive” and “EV,” which means Hanwha Q CELLS’ aim to create synergy in the EV charging business based on its renewable energy business capability, Hanwha Q CELLS explained.

Hanwha Motiev will expand and diversify EV charging service customers starting with parking lots of Hanwha affiliates’ offices and commercial buildings.

Hanwha Motiev plans to provide services from construction of EV charging stations to initial consulting, investment, operation, and maintenance. It aims to install 2,000 to 3,000 EV chargers, including fast chargers, within this year.