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South Korean Battery Makers Intensify Safety Measures Amid EV Fire Concerns

South Korean Battery Makers Intensify Safety Measures Amid EV Fire Concerns

SEOUL, Aug. 12 (Korea Bizwire) – In the wake of recent electric vehicle (EV) fires that have sparked debates about battery safety, South Korea’s battery industry is doubling down on efforts to improve safety measures from the design and production stages.  EV battery fires can rapidly spread through thermal runaway, where a single battery issue can [...]

Electric Vehicle Adoption Slows in Incheon, Reflecting National Trend

Electric Vehicle Adoption Slows in Incheon, Reflecting National Trend

INCHEON, Aug. 12 (Korea Bizwire) – The adoption of electric vehicles (EVs) in Incheon, South Korea’s third-largest city, has been declining for two consecutive years after peaking in 2022, according to recent data from the city government. From January to July of this year, only 2,607 new EVs were registered in Incheon, a mere 37% of [...]

Carmakers Move to Disclose Battery Brand Info amid EV Fire Scare

Carmakers Move to Disclose Battery Brand Info amid EV Fire Scare

SEOUL, Aug. 12 (Korea Bizwire) — Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries. Public concerns over EV safety have mounted in the country after a spontaneous fire that began in a parked Mercedes-Benz EV on [...]

Renault Korea Offers Generous Resale Value Guarantee for New Hybrid SUV

Renault Korea Offers Generous Resale Value Guarantee for New Hybrid SUV

SEOUL, Aug. 10 (Korea Bizwire) – Renault Korea Motors announced on August 9 a new program guaranteeing the resale value for customers who purchase its latest hybrid SUV, the New Renault Grand Koleos. The initiative, aimed at boosting sales of the mid-size SUV’s E-Tech hybrid model, promises industry-leading residual values for customers who trade in their [...]

Seoul to Restrict Access of Fully Charged EVs to Underground Garages

Seoul to Restrict Access of Fully Charged EVs to Underground Garages

SEOUL, Aug. 9 (Korea Bizwire) – Almost fully charged electric vehicles will be discouraged from entering apartment underground parking garages to prevent overcharging that is often blamed for EV fires, the Seoul city government said Friday. The city government said it will push to block the entry of EVs that are more than 90 percent [...]

Mercedes-Benz’s Crisis Response Criticized Amid Silence on South Korean EV Fire

Mercedes-Benz’s Crisis Response Criticized Amid Silence on South Korean EV Fire

SEOUL, Aug. 9 (Korea Bizwire) – Questions have been raised over the crisis response capacity of Mercedes-Benz Korea Ltd., as the company remained largely silent for over a week on an electric vehicle (EV) fire scare that started from one of its vehicles. Public concerns over EV safety mounted in the country after aspontaneous fire [...]

Seoul Subway’s 50th Anniversary Marked by Special Museum Exhibition

Seoul Subway’s 50th Anniversary Marked by Special Museum Exhibition

SEOUL, Aug. 9 (Korea Bizwire) – As Seoul’s subway system marks its 50th anniversary, a special exhibition is set to open, offering a vibrant retrospective of how underground trains revolutionized the South Korean capital’s landscape and its citizens’ daily lives. The Seoul Metropolitan Government and the Seoul Museum of History announced on August 8 that “Seoul’s [...]

IIAC Named Most Desirable Public Enterprise for College Students for 7th Consecutive Year

IIAC Named Most Desirable Public Enterprise for College Students for 7th Consecutive Year

SEOUL, Aug. 9 (Korea Bizwire) – Incheon International Airport Corporation (IIAC) has been selected as the “Most Desirable Public Enterprise for College Students” for the seventh consecutive year, according to a survey conducted by HR tech company Incruit. The survey, which polled 962 college students nationwide who are currently seeking employment, found that 14.3% of respondents [...]

Electric Vehicle Parking Bans Spark Debate in South Korea

Electric Vehicle Parking Bans Spark Debate in South Korea

SEOUL, Aug. 8 (Korea Bizwire) – As electric vehicles (EVs) gain popularity in South Korea, a new controversy is brewing over their access to parking facilities, particularly in residential and office buildings. The debate, fueled by recent high-profile EV fires, has pit EV owners against building managers and non-EV residents, raising questions about safety, discrimination, and [...]

Mercedes Dealer’s Tone-Deaf Promotion Sparks Outrage After Electric Car Fire in South Korea

Mercedes Dealer’s Tone-Deaf Promotion Sparks Outrage After Electric Car Fire in South Korea

SEOUL, Aug. 8 (Korea Bizwire) – In the wake of a devastating fire caused by a Mercedes-Benz EQE electric vehicle in an underground parking garage, a promotional flyer from a Mercedes dealer has ignited controversy and drawn criticism for its insensitivity. The fire, which occurred on August 1 in the Cheongna district of Incheon, resulted in [...]