Pluglink, an electric vehicle charging platform operator (CPO), announced on the 9th that it had attracted an investment of 45 billion won. JKL Partners, a domestic private equity fund (PEF) operator, participated as a new investor in this investment.
Through this investment, Pluglink has achieved a cumulative investment performance of a total of KRW 86 billion, including KRW 59 billion in cumulative corporate investment and KRW 27 billion in asset investment.
Founded in 2021, Pluglink is a charging platform company that is innovating the charging experience based on advanced IT technology centered on electric vehicle users. The company is currently building and operating approximately 18,000 slow charging infrastructures centered on public housing and residential areas nationwide based on large-scale investments.
Despite the temporary stagnation in demand for electric vehicles, Pluglink succeeded in turning a profit in 2024, just three years after its establishment, through IT-based operational efficiency. In addition, it was finally selected as the implementing agency for the electric vehicle slow charging facility support project led by the Ministry of Environment in 2025, and achieved the result of being selected as the implementing agency for the project for four consecutive years despite the strengthened standards. This is considered a significant achievement that proves Pluglink’s stability and technological prowess.
“With the goal of entering the top 3, we will further expand the supply of charging infrastructure this year and strengthen inorganic growth through mergers and acquisitions (M&A) as well as organic growth,” said Kang In-cheol, CEO of Pluglink. “Based on the charging infrastructure in everyday life, we will provide a stable charging environment and a user-centered platform, and further strengthen our position in the industry.”
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