Pluglink , an electric vehicle charging platform company, announced on the 3rd that it has secured an additional investment of 20 billion won based on improved business performance and profit structure.
This investment is the result of market evaluation of the operational performance and growth potential of the charging infrastructure over the past year, reflecting expectations for the competitiveness of the electric vehicle charging platform and mid- to long-term growth potential.
Since acquiring Hanwha Solutions' electric vehicle charging business assets in May 2025, PlugLink has been gradually integrating these assets to expand its business base. This asset integration process has improved the consistency and quality of its charging services, leading to infrastructure expansion and changes in usage patterns.
Building on this growth, PlugLink achieved the nation's top ranking in annual installations of slow-charge electric vehicle chargers by 2025. This demonstrates the success of its infrastructure construction and operational management strategies. As of recently, the cumulative number of chargers installed has reached 35,219, and the number of members has surpassed 200,000.
Pluglink explains that its data-driven management system allows it to maintain stable service quality even during infrastructure expansion, and that this growth strategy is aligned with the government's electric vehicle charging infrastructure policy direction.
The newly secured investment funds will be used to upgrade existing infrastructure and expand new charging infrastructure. Furthermore, the company plans to expand its business through selective partnerships and acquisitions related to charging infrastructure.
Meanwhile, PlugLink plans to continuously expand its charging infrastructure based on data utilization and field operation experience, and continue to enhance the charging convenience and service quality that electric vehicle users can experience.
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