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EMart’s M-Lounge to sell electric mini-vehicles

By Aiko TanakaKorea
1 min read
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In this article (5)

South Korea’s discount store E-Mart, a unit of retail conglomerate Shinsegae Group, has started selling electric mini-vehicles.

E-Mart says it has expanded its M Lounge network to seven shops across Korea to sell electric bicycles and EVs.

Introduced at its Yeongdeungpo store last March to introduce its e-mobility lineup, M Lounge now sells E-Mart’s private-brand e-bike Pedelec and other brands such as Mando Footloose and Maskali, as well as Air Wheel (electric wheel) and iBoat (electric kickboard). It has also started taking orders for the Zhi Dou two-seater electric car from China, which can run up to 150㎞ on a single charge.

Cleared by regulatory authorities last month, the vehicle is expected to be priced at KW13 to 14 million (US$13,000).

E-Mart aims to install M Lounge at up to 20 key stores across the country.

Questions & Answers

Q.

What types of electric mini-vehicles does E-Mart's M Lounge sell?

A.

M Lounge offers electric bicycles, including E-Mart's own Pedelec brand, and other makes like Mando Footloose and Maskali. It also sells Air Wheel electric wheels, iBoat electric kickboards, and the Zhi Dou two-seater electric car from China.

Q.

Which specific electric car is E-Mart selling, and what is its estimated price?

A.

E-Mart is taking orders for the Zhi Dou two-seater electric car from China. This vehicle, which can travel up to 150km on a single charge, is expected to be priced between KW13 and 14 million.

Q.

What is E-Mart's future expansion plan for its M Lounge network?

A.

E-Mart aims to significantly expand its M Lounge network. The company plans to install M Lounge at up to 20 key stores located across South Korea, enhancing its presence in the e-mobility market.

Q.

When did E-Mart first introduce its e-mobility lineup and expand its M Lounge network?

A.

E-Mart first introduced its e-mobility lineup at its Yeongdeungpo store last March. The company has since expanded its M Lounge network to seven shops across Korea to sell its range of electric bicycles and other electric vehicles.

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