Socar Co., Ltd. announced on the 26th that it signed a business agreement (MOU) with Korea Electric Power Corporation (hereinafter referred to as KEPCO) for the ‘provision of business-use shared vehicle services.’ The agreement signing ceremony was held on the 23rd at the KEPCO Art Center in Seocho-gu, Seoul, and was attended by key officials from both companies, including Socar Chief Business Officer (CBO) Nam Goong-ho and KEPCO Vice President Ahn Joong-eun.
Under this agreement, KEPCO will introduce Socar’s car sharing service instead of its existing corporate vehicle operation method and use it as a means of transportation for all business trips and field work. Socar will provide a corporate-only service called ‘Socar Business’ to KEPCO employees, and through this, a 60% discount on car rentals on weekdays and 50% on weekends will be applied at all times.
In addition, to increase accessibility for KEPCO employees, SOCAR plans to newly install 'SOCAR Zones', dedicated vehicle rental areas, and deploy vehicles at 52 KEPCO business offices nationwide within this year.
Hanwha Corp. Vice President Ahn Jung-eun said, “This agreement is an example of Hanwha Corp.’s efforts to increase work efficiency and reduce unnecessary costs,” adding, “We will continue to pursue continuous innovation and cost reduction through improvements in our work methods.”
“This collaboration will be an important opportunity to expand the introduction of car sharing services in public institutions,” said Namgung Ho, CBO of Socar. “Socar will continue to contribute to creating a sustainable mobility ecosystem through collaboration with various public and private partners.”
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