SK Signet celebrated this week the grand opening of its EV charger manufacturing facility in Plano, joined by Plano Mayor John Muns as well as Adriana Cruz, Texas Executive Director, Economic Development and Tourism, and other officials from the State of Texas. This facility will expand U.S.-based manufacturing and R&D for cutting-edge electric vehicle charging equipment to support the growth of America's EV infrastructure. The project was originally announced in November 2022 by SK Signet and the City of Plano.

The ribbon cutting marked the opening of SK Signet's first manufacturing facility in the United States. At full capacity, the facility will be able to produce more than 10,000 ultra-fast chargers per year and is expected to create up to 183 jobs by 2026. The event included a factory tour, and Mayor Muns and Seung-June (SJ) Oh, President of SK Signet America, led a demonstration of SK Signet's new V2 charger, which will be made at the Plano facility later this year.

The V2 product, which was unveiled at CES 2023, provides a maximum power output of 400 kW and can charge an EV up to 80% in 15 minutes - 3 minutes faster than existing chargers. The demonstration showcased the simultaneous charging of two EVs, reaching the impressive top output of 400 kW. The grand opening was attended by more than 180 guests, including business partners, government officials and members of the local community, underscoring the broad interest in building out the infrastructure to support EVs.

SK Signet welcomed representatives from key customers, such as EVgo, Electrify America, Applegreen Electric, Electric Era, Revel and TeraWatt Infrastructure. SK Signet will make a range of ultra-fast chargers at the Plano facility - from standalone dispensers to power cabinets that support multiple dispensers - for use by U.S.-based public charging operators, along with commercial companies with EV fleets and traditional gas stations or convenience stores that are expanding their offerings.