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Dec 10
South Korea's EV charging industry seeks localization to overcome market challenges
South Korea's electric-vehicle (EV) charging industry has long held a technological edge, with world-class hardware and contributions to international standards. Yet its domestic market remains small, and its reliance on imported core components has pushed major players into a difficult corner.
EV battery fires in underground parking lots have drawn significant attention in South Korea. In response, the South Korean government is implementing comprehensive safety policies covering the entire battery lifecycle, from manufacturing and vehicle operation to disposal.
Yulon Mobility Group (YMG) subsidiaries Carplus and Singan, known for their steady operations in automotive, travel, and vehicle services, are pursuing future strategies centered on ESG and AI.
Foxconn Interconnect Technology (FIT), a subsidiary of Foxconn, announced on December 9, 2025, that its joint venture Smart Mobility with Saudi Arabia's Saleh Suleiman Alrajhi & Sons has officially broken ground on a manufacturing base at the King Salman Energy Park (SPARK) in Dammam. This marks a new phase for localized EV charging station production in Saudi Arabia.
SK Hynix and battery subsidiaries within SK Group received approval for 68 core patents in China in November 2025. Many of these patents relate to highly integrated memory designs and solid-state battery stability technologies, which are expected to accelerate the development of next-generation AI chips and electric vehicle batteries, enhancing competitiveness in the Chinese market.
South Korea is moving to shore up its electric vehicle (EV) manufacturing base and safeguard technological leadership as global competition stiffens and domestic production risks further decline.
Ola Electric has started mass deliveries of its S1 Pro+ scooters powered by the indigenously developed 4680 Bharat Cell, making it the first Indian company to fully own both battery pack and cell manufacturing. The rollout marks a major milestone in India's push to strengthen domestic electric vehicle (EV) capabilities.

The 2025 Guangzhou International Automobile Exhibition concluded on Nov. 30, offering one of the clearest snapshots yet of where China's auto market is headed. After an on-site review of the show, DIGITIMES identified three defining trends for China's 2025 model-year vehicles: the rise of 800V high-voltage architectures, the rapid adoption of roof-mounted front LiDAR, and the emergence of multi-screen cabins. Together, these features are becoming essential for any carmaker hoping to compete in the world's largest auto market.

Tesla, the world's leading electric-vehicle maker, mounted a striking late-2025 comeback in China's battery-electric market — a rebound that stands in sharp contrast to the company's sharp downturn in Europe and underscores the growing complexity of its global strategy.
VinFast plans to invest US$500 million in expanding its manufacturing operations in India, marking the second phase of its previously announced US$2 billion commitment to the country.
As geopolitical tensions between China and multiple countries intensify alongside China's aggressive expansion into overseas automotive markets, supply chain players reveal that customer demands for non-Chinese standards are becoming increasingly stringent. At the same time, more brand vendors require local production, testing suppliers' capabilities, of expanding their global footprints. Clearly, supply chain players need multiple approaches to address current challenges.
US President Donald Trump plans to relax fuel efficiency standards, reducing the average requirement for 2031 vehicles from 50.4 miles per gallon (mpg) set by the Biden administration to 34.5 mpg. The proposal also includes phasing out the current carbon credit trading system by 2028.