SK Signet has expanded the supply of ultra-fast charging networks in the North American market and laid a bridgehead for entry into Central and South America. SK Signet, a manufacturer of ultra-fast electric vehicle (EV) chargers, announced on the 22nd that it has signed a strategic memorandum of understanding (MOU) with synergEV, a Texas-based U.S. charging infrastructure operator, to expand EV charging networks.

Cooperation partner synergEV is an infrastructure company that currently manages more than 1,800 charging sites across 41 U.S. states. It is leading projects to build around 20 large charging hubs, including a flagship hub in Texas, and has already secured more than 150 additional sites as it expands its scope to North America and Central and South America, including Mexico.

At the signing ceremony held on the 19th at SK Signet’s Americas subsidiary, executives from both companies coordinated detailed execution plans to increase market share in the North American ultra-fast charging segment. Under the agreement, SK Signet will join the pilot projects, the initial phase of synergEV’s charging hub build-out, to verify equipment performance and grid stability under real driving conditions. Working-level discussions are currently under way, focusing on key hub sites in Arlington, Georgia, Alabama and other locations.

The two companies plan to strengthen their alliance to secure projects under the U.S. federal government’s National Electric Vehicle Infrastructure (NEVI) subsidy program, while deepening cooperation beyond hardware supply to include software interface integration and the overall establishment of local operation and control systems.

The focus of this infrastructure alliance extends to Mexico and the broader Central and South American region. The two sides are currently exploring joint participation in local infrastructure projects worth around USD 25 million. Specific contract terms and the scale of charger supply will be detailed in stages according to each project’s progress. Industry observers say the agreement is significant in that it both consolidates SK Signet’s North American base and preemptively secures logistics and operational footholds in the high-growth potential South American market.

Seo Young-hoon, Head of Operations and CEO of the Americas at SK Signet, said the partnership not only solidifies the company’s dominance in ultra-fast infrastructure across North America but also establishes a bridgehead for expansion into the South American continent, adding that SK Signet plans to widen its lead on the global stage by combining its proprietary ultra-fast charging technology with local operational know-how.

Francisco Aguirre, CEO of synergEV, likewise cited SK Signet as a reliable partner with a world-class charging mechanism, and responded that, based on the synergy between the two companies, they will build a robust and highly scalable power charging network befitting the forthcoming era of electrification.

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