Mobility
Socar enters power market with electric rental cars
Socar will enter the power market in Jeju based on its rental car service. The company said it will start a vehicle-to-grid (V2G) pilot project, applying V2G technology to electric rental cars as distributed energy resources. The pilot will be conducted at the Socar Terminal under a jointly approved regulatory sandbox exemption. Socar installed 15 bidirectional chargers and V2G parking spaces and plans to expand chargers to as many as 200, using Ioniq 9 and EV9 vehicles.