South Korea's electric vehicle fire raises safety concerns, leading to government mandate for battery disclosure.

A fire involving a Mercedes-Benz electric vehicle in South Korea has raised safety concerns about battery-powered cars, leading to "EV phobia." The July explosion in an underground car park injured 23 and left over 200 families homeless. In response, the government mandated automakers disclose battery brands. While global EV sales are slowing, South Korean sales have declined, prompting companies like Hyundai and GM to offer safety inspections and transparency about battery suppliers.

September 23, 2024
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