Industry
Chaevi targets operating profit in 2027, outlines growth strategy ahead of Kosdaq listing
South Korean electric-vehicle fast-charging infrastructure operator Chaevi set a target to turn EBITDA profitable in the fourth quarter of 2026 and to achieve an operating profit in 2027. CEO Choi Young-hoon (최영훈) outlined the company’s core strengths and growth strategy ahead of a planned Kosdaq listing. Chaevi said higher utilisation and a shortage of new fast chargers could bring forward profitability. It also detailed overseas expansion and IPO terms, including a 10 million-share offering.
