KR Motors Targets EV Mobility Two-Wheelers... "Domestic and Overseas Expansion"

[Asia Economy Reporter Hyunseok Yoo] KR Motors announced on the 6th that it will launch a top-tier domestically produced electric two-wheeler through technological collaboration with Hyundai Kefico and LG Energy Solution, targeting the market.

The developed electric two-wheeler is the HK01E (model name Illusion), which applies the BSS system (Battery Swap System). It has completed mass production preparations and will begin sales in earnest. The BSS is a shared charging platform that simultaneously charges and swaps multiple battery packs, solving the electric two-wheeler’s driving range issue. The application of the BSS system offers significant cost-saving benefits for commercial riders whose average daily driving distance exceeds 100 km.

Illusion is an electric two-wheeler equipped with a 6.8 kW-class drive motor from Hyundai Kefico and a water-cooled thermal management system that guarantees sufficient durability even under harsh driving conditions. The battery is a ternary battery (NCM) using domestically produced cells from LG Energy Solution, optimizing battery performance.

It can achieve a range of 150 km at constant speed and 60?70 km in city driving on a single charge. Additionally, the battery applied to Illusion can be detached using a sliding method.

KR Motors plans to continue expanding EV adoption by partnering with e-commerce, food delivery, and courier/parcel delivery companies to increase the number of riders.

A KR Motors official stated, “We plan to first secure the domestic delivery electric two-wheeler market through collaboration with Hyundai Kefico and LG Energy Solution and then target overseas markets this year. We are promoting the conversion of a model developed by the Chinese joint venture Qingqi-KR Autobike (QQKR), based on a 3 kW-class in-wheel electric motor and lithium-ion battery, into a light electric two-wheeler (QH150-T) aimed at the European and Southeast Asian markets.”

Using the KR Motors JV, exports of two-wheelers to China, Southeast Asia, and Europe are renewed annually. KR Motors exports products with its own design and technology to a total of 43 countries across the Americas, Asia, the Middle East, Europe, and Africa, and has secured 46 competitive dealers.

This content was produced with the assistance of AI translation services.