SK signet Inc. plant in Texas, U.S. [Courtesy of SK signet]SK signet Inc., the electric vehicle (EV) charging solutions unit of South Korea's SK Group, recently secured a significant contract with Francis Energy LLC, a prominent EV charging provider in the U.S..Under the agreement, SK signet will supply more than 1,000 ultra-fast chargers, its flagship 400-kilowatt model, to the U.S. partner by 2027.The details were unveiled by the Korean company on Monday. 'Each 400-kilowatt charger costs well over 100 million won ($78,802) and the total contract value is reported to exceed 100 billion won,' said an unknown source in the industry.

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