Bluewing Motors, which is participating in the Ministry of Environment’s two-wheeled vehicle electrification feasibility study project, announced that it has established a cooperative system with Evetech and Genovatech for effective project execution. Through the three-party agreement ceremony held at Evetech’s headquarters in Bucheon on this day, the three companies formalized an eight-month joint research and development system and agreed to cooperate in developing integrated solutions that combine each company’s core capabilities.
Bluewing Motors' participation in this project was based on overseas verification experience through the KOICA CTS SEED program. In the verification project conducted jointly with the UNS National University in Indonesia and TDMU University in Vietnam for two years from 2021, the actual CO2 reduction effect was verified through the Vario 125 electrified prototype and the Aura S advanced model. In the process, MOUs and supply contracts with local partners were signed, proving the commercial feasibility of the technology. This is evaluated as an asset that supports the feasibility of the domestic two-wheeled vehicle electrification policy.
As a technology partner of Bluewing Motors, Evetech is responsible for developing core electrification technologies. Evetech has accumulated automotive and battery technologies for over 20 years and 40 years of commercial vehicle development experience, and has a technology verification system through global networks such as Wabco Korea and Hawtai Automotive. Genovatech will be responsible for expanding the project results overseas based on its expertise in establishing global expansion strategies and attracting investments.
Based on the results of this feasibility study, the Ministry of Environment plans to decide on the scale of government subsidies for the distribution of two-wheeled vehicle electrification kits, and is also reviewing plans to build a battery swap station (BSS) charging infrastructure. This is expected to serve as a foundation for increasing the feasibility of creating a domestic two-wheeled vehicle electrification ecosystem.
Kim Min-ho, CEO of Bluewing Motors, said, “Based on our proven experience in Southeast Asia, we will present electrification technology optimized for the domestic policy environment and secure technological differentiation through AI-based electrification processes.” Son Il-seon, CEO of Evetech, said, “The technological prowess accumulated over 20 years will lead to tangible results in Bluewing Motors’ two-wheeled vehicle electrification business.”
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