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Sunday, April 20, 2025

BUSINESS

EV owners burn with anger over Seoul’s charging limit in wake of fire

In an attempt to quell mounting fears over EV safety, the Seoul Metropolitan Government came up with a guideline that added to public frustration:...

Transport Ministry releases new airline safety guidelines to reduce in-flight accidents

The Transport Ministry unveiled a set of new safety measures Thursday to prevent in-flight accidents caused by frequent air turbulence. According to the guidelines by...

Gov’t to urge carmakers to disclose EV battery details as fire-driven phobia spreads

All auto manufacturers in Korea will be advised by the government to voluntarily disclose the details of the batteries installed in their EVs —...

Mercedes fire sparks used EV selling spree as prices plummet

EVs are piling up in the used car market — and prices are sliding — as people terrified by a recent Mercedes EV explosion...

‘Not in my backyard’: EV-phobia spreads across Korea

“I will never buy EVs, and won’t even park my car near EVs,” said Kim Jung-ki, a man in his 50s living in Yongin,...

Hyundai Motor to mass-produce ‘wearable robot’ exoskeleton in December

Hyundai Motor plans to begin mass-producing “wearable robots” this year. The Korean automaker said Wednesday that its domestic plants would begin the mass production of...

SK hynix secures $450M grants for $3.9B investment in Indiana

SK hynix will be given a subsidy of up to $450 million for its $3.9 billion chip-packaging facility in Indiana, the U.S. Department of...

Korean Air, Asiana to swap flight attendants after U.S. approves merger

Korean Air and Asiana Airlines cabin crews will begin swapping duties as early as next year once the two companies' planned merger is approved. The two...

Exploded Mercedes EV had battery from China’s Farasis Energy, gov’t says

A Mercedes EQE that exploded in an underground parking lot in Incheon last week is confirmed to have been topped with batteries made by...

Hyundai Motor shifts focus to hybrid models as EV sales slow

Hyundai Motor is adding hybrid models to all of its existing lineups, a major strategic shift from prior plans that heavily favored pure electric...