Chaevi
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Chaevi - overview
Established
2016
Location
Daegu, -, South Korea
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Daegu, South Korea, and founded in 2016, DAEYOUNG CHAEVI operates business as a provider of rapid and ultra-fast chargers for electric vehicles. The company engages in manufacturing, installation, management, sales, and operation services of electric vehicle chargers. In 2017, the company was registered as a member of CharIN (Charging Interface Initiative e. v), which is associated with the International Electric Vehicle Charger Association.
In May 2023, Chaevi raised KRW 60 billion in venture funding from new investor KB Asset Management. As of 2023, the company is led by its CEO Mingyo Jeong. DAEYOUNG CHAEVI provides manufacturing, installation, maintenance, and management services for electric vehicle chargers and electric vehicle charging stations. The main products for electric vehicle chargers include full speed charger, medium speed charger (17.
6 KW), and rapid speed charger. DAEYOUNG CHAEVI also provides payment system and services. The company will use the May funding to expand towards oversea markets including the United States.
Current Investors
Kakao Investment, STIC Investments, Humax Mobility
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Electric Utilities, Automobiles, Other Vehicles & Parts
Website
www.chaevi.co.kr
Verticals
Electric & Hybrid Vehicles, Manufacturing, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
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