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Feb 12, 12:32
China dominates 90% of South Korea's EV fast-charger modules

South Korea is moving to domestically produce key components for electric vehicle (EV) fast chargers, as Chinese-made power modules account for more than 90% of those installed in the country, according to a Hankyung report.

The EU proposed a minimum price commitment for battery electric vehicles (BEVs) in January 2026, replacing punitive tariffs of up to 35%. Still, major Chinese automakers such as BYD have not reacted decisively, according to supply-chain sources.

After a series of operational adjustments, Young Optics narrowed its losses sharply in 2025, benefiting from an improved product mix and higher capacity utilization. The Taiwanese optical components maker reported a full-year net loss of about NT$9 million (approx. US$284,600), a dramatic improvement from the year before.

Tesla opened Taiwan's largest V4 Supercharger station on Tuesday, expanding its fast-charging network even as questions linger over potential tariff changes and vehicle sourcing.

LED automotive lighting module maker Laster said it expects China's car purchase subsidies and trade-in programs to stimulate domestic demand in the first quarter of 2026, and that overall end-market automotive demand should remain relatively robust.
On the afternoon of February 6, 2026, at a media briefing in Beijing, Grace Tao, Tesla Vice President, offered the company's most comprehensive public account to date of its strategic direction heading into 2026. It was the first time Tesla had systematically articulated how it sees its own future—and it marked a clear shift in identity.
Taiwan's Ministry of Economic Affairs convened a closed-door meeting with leading domestic automakers on February 10, 2026, signaling that potential tariff changes on imported vehicles — particularly from the United States — may be imminent.
The Ministry of Economic Affairs (MOEA) held a closed-door automotive industry forum on February 10, chaired by economics minister Ming-hsin Kung. The meeting gathered the Taiwan Transportation Vehicle Manufacturers Association (TTVMA) and nine local automakers to discuss potential impacts from US-Taiwan tariff changes on the automotive supply chain and labor rights.

As US automakers scale back their electric vehicle (EV) ambitions, Chinese manufacturers are pressing ahead, leveraging technological and structural advantages to expand rapidly across global markets. Industry analysts warn that the retreat by US carmakers could place the American auto industry in what some describe as an unprecedented "existential crisis."

LG Display (LGD) agreed on February 9 to sell its automotive LCD module business in Nanjing, China, to Toprun Total Solution, according to a regulatory filing reported by ZDNet Korea. The transaction is valued at approximately KRW104.1 billion (approx. US$71 million) and is scheduled to close on July 30.

Renesas Electronics recorded its first net loss in six years in fiscal 2025, reflecting weak demand for automotive semiconductors and a limited contribution from AI-related products. The company is recalibrating its strategy, with India and China positioned as key pillars in its recovery roadmap.

Onsemi's revenue declined in the fourth quarter as its two largest business units continued to post year-over-year sales declines, highlighting persistent weakness across key parts of its portfolio.