SEOUL, Aug. 19 (Korea Bizwire) — KTX high-speed train service returned to normal on Monday, the operator said, one day after a train derailment caused severe delays throughout the Seoul-Busan route. Korea Railroad Corp. (KORAIL) said the recovery work related to the derailment accident was completed at 5:08 a.m., paving the way for the resumption [...]
SEOUL, Aug. 19 (Korea Bizwire) – A recent study by the Korea Insurance Development Institute has found that electric vehicles (EVs) in South Korea have a slightly higher risk of fire and explosion compared to traditional gasoline-powered cars, potentially impacting insurance premiums and safety perceptions. According to data released on August 18, there were 53 fire [...]
SEOUL, Aug. 16 (Korea Bizwire) – Victims of a massive South Korean apartment complex fire that began from a Mercedes-Benz electric vehicle (EV) earlier this month have expressed discontent over the German automaker’s initial relief support pledge, claiming the promised amount is “absurdly insufficient” when compared with the actual total damage, sources said Friday. Last [...]
SEOUL, Aug. 16 (Korea Bizwire) – In a bid to allay consumer concerns about electric vehicle (EV) safety, Hyundai Motor Company and Kia Corporation have unveiled their latest Battery Management System (BMS) technology, a crucial development in their ongoing efforts to improve EV reliability and performance. The South Korean automakers announced on August 15 that the [...]
SEOUL, Aug. 15 (Korea Bizwire) – As concerns mount following an electric vehicle fire in an underground parking garage in Incheon, South Korean automakers and importers are taking steps to increase transparency about the batteries powering their vehicles. In response to government recommendations, several companies have begun publicly disclosing details about their battery suppliers. Volkswagen Group [...]
SEOUL, Aug. 15 (Korea Bizwire) – The transportation ministry unveiled a set of new safety measures Thursday to prevent in-flight accidents caused by frequent air turbulence. According to the guidelines by the Ministry of Land, Infrastructure and Transport, air carriers have to establish standard procedures for suspending cabin services, such as in-flight meals and duty-free [...]
SEOUL, Aug. 15 (Korea Bizwire) – In a bold move amid growing concerns over electric vehicle safety, Swedish automaker Polestar has introduced its latest model to the South Korean market. The company is leveraging its spotless safety record to distinguish itself from competitors, particularly in light of a recent fire involving a Mercedes-Benz electric vehicle in [...]
SEOSAN, Aug. 15 (Korea Bizwire) – In the wake of recent electric vehicle (EV) fires, local governments across South Korea’s South Chungcheong Province are rushing to implement safety measures, marking a shift from their previous focus on promoting EV adoption through subsidies. The city of Seosan is at the forefront of these efforts. City officials said [...]
ULLEUNG, Aug. 14 (Korea Bizwire) – Recent incidents of electric vehicle (EV) fires have prompted ferry operators serving Ulleung Island, a popular tourist destination off South Korea’s east coast, to implement new restrictions on EV transportation. According to local authorities in Ulleung County, North Gyeongsang Province, H Shipping Company announced on August 13 that it would [...]
SEOUL, Aug. 14 (Korea Bizwire) – More foreign automotive brands on Wednesday disclosed battery supplier information of their electric vehicle models sold in South Korea, the latest in a series of disclosures amid safety concerns of EVs triggered by a massive vehicle fire earlier this month. On Aug. 14, Volkswagen Group Korea, the importer of [...]