SK Signet Will Build Fast Charger Factory In Texas

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SK Signet Will Build Fast Charger Factory In Texas
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SK Signet Will Build Fast Charger Factory In Texas via insideevs.com

SK Signet announced that it will build a new EV charger manufacturing facility in Plano, Texas with an output of more than 10,000 EV fast chargers per year.

The South Korean company so far delivered more than 20,000 chargers globally , according to its website. A new factory with an output of 10,000 per year indicates a very significant expansion. SK Signet intends to start production in 2023 and should reach full capacity by July 2023. The offer will include fast chargers with a power output of up to 350 kW and beyond .jobs by 2026. An important thing is that besides the simple production of chargers, SK Signet's site will house also research & development, manufacture power modules and conduct charger testing with automakers.

The investment amount was not announced in the press release, but the South Korean media earlier reported about $15 million.This latest investment adds on top of several other EV-related projects and acquisitions, including:SK On battery factory joint venture projects with Ford SK Inc.

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