On May 21, South Korea’s Vice Minister of Environment Lim Sang Jun visited the EVSIS (EV System Integration Solution) factory in Cheongju, North Chungcheong Province. During the tour, he listened to the challenges and recommendations related to the project implementation.
The production site visited was an expansion of an existing electric vehicle (EV) charger factory. Initially producing 10,000 units, it was upgraded in January of this year to target an annual output of 20,000 units. The stable supply of EV chargers is a prerequisite for the spread of EVs, which is the key to achieving the National Greenhouse Gas Reduction Target (NDC) in the transportation sector. South Korea is achieving continuous quantitative growth in its market size, aiming to install 1.23 million units by 2030 as part of its ongoing expansion efforts.
However, it is also a time when improvements in the quality of charger technology are necessary. The introduction of new charging technologies and improvements in core technologies are crucial, especially as the dependency on imported power modules, a key component of EV chargers, remains high. The power module is a core component of a fast charger that converts alternating current (AC) to direct current (DC).
Lim plans to explore ways to strengthen technological competitiveness to foster the production site of EV chargers as a new green industry. He stated, “We will support the creation of new jobs and the active overseas market entry of companies through the improvement of the quality of domestic EV charger technology,” and “We will consider various policies and on-site support measures necessary for companies, such as research and development.”