hy Co., a South Korean distribution company, said on Tuesday that it will export its ride-on refrigerated electric carts “Cold & Cool” (Coco) to Cambodia for the first time.
The company will deliver 22 units of Coco to Penh1st Shopping Co., a local distributor of premium refrigerated products, in Phnom Penh. It expects more exports as the area of usage expands.
Penh1st Shopping plans to use Coco’s cold chain system to build a short-range refrigerated delivery platform for products such as dairy goods, fruits and salads. Coco runs on electricity and does not produce exhaust gases and fumes and makes little noise. It also reduces packaging waste by eliminating the need for styrofoam boxes.
hy Motors, a subsidiary of hy Co., produces the carts and provides training on operation safety and repair.
Park Ki-bong, head of hy’s purchasing team, said Coco’s first export reflects the excellence of the domestic cold chain system and the high overseas demand for refrigerated carts.
hy Co. introduced Coco in 2014 as the world’s first onboard refrigerated electric cart. It has since developed and distributed the third-generation model Coco 3.0.
Write to Kyeong-je Han at hankyung@hankyung.com
