Korea, Republic of
United States
It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicles and secure raw materials for EV batteries from abroad to ensure the country is not left behind in the global EV market, said the Federation of Korean Industries (FKI).
Korea has 23,000 EV charging stations -- just 0.8% that of China, 1.4% of the US, and only 10.1% of Japan. Korea’s presence in the global EV market, including EV use in the country, lies in stark contrast to Korean companies’ triumph in the EV battery market, according to an FKI report.
Innovation themes: South Korean government and carmakers swiftly move to increase local charging stations, 0.8% that of China, 1.4% of the US, and only 10.1% of Japan.
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