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The alliance is designed to broaden availability of EV fast-chargers, meeting consumer need for more accessible, convenient and reliable charging

Partnership is part of Gilbarco Veeder-Root’s launch of its ‘Konect’ EV charging infrastructure ecosystem to accelerate the transition to electric mobility

SEOUL, South Korea (MAY 14, 2024) – SK Signet Inc., a leading global manufacturer of electric vehicle (EV) fast-charging solutions, has entered into a strategic alliance with Gilbarco Veeder-Root (GVR), a worldwide leader in fueling and convenience store equipment and technology.

Through this agreement, SK Signet will capitalize on GVR’s global network of fuel retailers and convenience store partners to supply its EV fast-charging products across core markets in North America, South America and Europe. Targeting gas stations and mid-sized fueling stations, the installation of SK Signet’s EV fast-charging solutions will support the continued transition to clean energy within the transportation sector.

Jung-ho Shin, Chief Executive Officer of SK Signet, said: “The gap in readily available and accessible EV charging infrastructure is a major barrier to the broad adoption of electric vehicles. By working with GVR to build out the EV infrastructure offered at fuel retailers and convenience stores, we will be able to provide current and future EV drivers with more convenient, seamless and reliable fast-charging options.”

Sk signet GVR photo 2 5 14 24 cropped
Jung-ho Shin, CEO of SK Signet, and Om Shankar, Vice President & General Manager of Konect, at the signing ceremony in Stuttgart, Germany on May 14, 2024

The integration of SK Signet’s charging hardware into GVR’s product suite comes as GVR launches ‘Konect,’ an EV charging ecosystem designed specifically for the fuel retail industry. Konect offers a unique, fully integrated, site-wide suite of market-leading EV charging hardware and software solutions for businesses wanting to install their own EV charging infrastructure.

SK Signet will provide its full range of EV charging hardware to GVR for Konect, including its V2 ultra-fast charger (400kwH) which provides enough power to charge an EV up to 80% in less than 15 minutes. The chargers will also provide drivers with the option for NACS, CCS, CHAdeMo and MCS connection capabilities, allowing them to serve the full range of electric vehicles in the market.

Konect Charger retail store front

The strategic alliance between GVR and SK Signet seeks to transform the vast infrastructure of existing gas stations and convenience stores for a new era of automobiles.

Om Shankar, Vice President & General Manager, Konect, said: “EV adoption is at a critical point, with people and businesses needing confidence to make the switch. Widely accessible charging infrastructure is the key to further uptake, and we aspire to remove hurdles and build an incredible business case for fuel retailers to play a major part in the EV transition. Gilbarco Veeder-Root already offers some of the best software and payment capability in the world, and we're working with a leading EV charger developer, SK Signet, to provide the most powerful recharging ecosystem our industry has ever seen. The Konect ecosystem Konect fully integrate-able with our existing full-site solutions, and is poised to help supercharge the transition to electric mobility.”

SK Signet, based in Seoul, South Korea, offers DC fast-chargers with power ranges from 30 kW to 400 kW and was a pioneer in receiving UL certification for its 350 kW ultra-fast charger in the U.S. in 2018. The company opened its first U.S. manufacturing facility in 2023, SK Signet Manufacturing Texas in Plano, Texas, which is capable of producing up to 10,000 fast-chargers annually. SK Signet complies with NEVI (National Electric Vehicle Infrastructure) standards and is a is a leading supplier to NEVI program contracts.

About SK Signet

SK Signet is an industry-leading global EV fast-charging solutions provider, developing smart, convenient charging solutions for all types of electric vehicles. The company manufactures DC fast-charging solutions with power ranges from 30 kW to 400 kW and was a pioneer in receiving UL certification for its 350 kW ultra-fast charger in the U.S. in 2018.

SK Signet is majority owned by SK Inc., the strategic investment arm of SK Group. Based in Seoul, SK Group is South Korea’s second-largest conglomerate with companies that are global leaders in semiconductors, energy, and life sciences. For more information, visit sksignet.com.

About Gilbarco Veeder-Root

Gilbarco Veeder-Root, a Vontier company, is the worldwide technology leader for retail and commercial fueling operations, offering the broadest range of integrated solutions from the forecourt to the convenience store and head office. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support, and proven reliability. Major product lines include fuel dispensers, tank gauges and fleet management systems. For more information, please visit: www.gilbarco.com.

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