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Significance The goal is to assist their search for alternative supply chains. Three of the world’s top six EVB manufacturers are South Korean. Impacts Worsening geopolitical trends mean it is advantageous for Seoul to have positioned itself as the dominant non-Chinese EVB maker globally. Seoul hopes that Washington, pressed by US carmakers such as Tesla, will soften on decoupling from China. China’s EVB investments in South Korea will lead Seoul to resist undue US pressure, despite its generally pro-US stance.
A Wed, study studied this question.