LG Energy Solution to expand battery safety software business

LG Energy Solution said Wednesday it is expanding its battery safety diagnostic software business in response to the rising demand from electric vehicle manufacturers for more advanced safety measures. "With the recent EV fires, automakers are under pressure to enhance battery safety, but developing reliable diagnostic software is both complex and resource-intensive. LG Energy Solution is in a strong position here -- we have the diagnostic capabilities, the patents, and the real-world data.

Aug. 21, 2024

KG Mobility to sell new Actyon SUV on Naver shopping platform

Korean sport utility vehicle dark horse KG Mobility (KGM) unveiled a refreshed brand strategy Tuesday as it launched its new SUV Actyon, with eyes set on expanding its presence in the global market. “KG Mobility has a history that always pursued being the first during its 70-year-long history, including the launch of the Korando and Musso -- the beginnings of traditional SUVs -- and the Chairman, Korea’s first luxury sedan,” said KGM Chairman Kwak Jea-sun during a media event a

Aug. 20, 2024

[Herald Interview] Jeep Avenger looks to repeat European success in Korea

Jeep is launching its first all-electric vehicle, the Avenger, in Korea next month. “The Avenger was the first Jeep nameplate offered with an all-electric power train. It marks the Jeep’s brand entrance in the (battery electric vehicle) arena in Korea,” said Matt Nyquist, vice president of global product planning at the Jeep brand, in an online interview with a group of reporters Tuesday. The Jeep official pointed out that the country’s sports utility vehicle segment was

Aug. 20, 2024

Ford halts Quebec battery plant project with SK, EcoPro

Construction of a cathode material plant in Becancour, Quebec -- a joint venture between Korea’s EcoPro BM, SK On, and US automaker Ford -- has been halted for the second time this year, amid growing uncertainty surrounding Ford’s electric vehicle strategy. The plant's construction began in August last year and was initially paused in April this year due to issues with selecting a contractor and finalizing the facility’s design. At the time, Francois Legault, the Premier o

Aug. 19, 2024

Hybrid vehicles report fewest fire incidents: data

Statistics from the National Fire Agency showed Sunday that hybrid vehicles reported the fewest fire incidents over the last five years, as fears related to battery-electric vehicles spread across Korea following the recent EV fires that occurred earlier this month. According to the fire authority’s fire incident status by vehicle type, there were 131 fire cases among hybrid vehicles, which are powered by both an internal combustion engine and an electric motor. As the accumulated number o

Aug. 18, 2024

Korea sees panic selling in used EVs

A mass sell-off of EVs has begun in South Korea, following a fire involving a Mercedes-Benz EV in Incheon that destroyed more than 140 cars and sparked proposals to restrict EVs' access to underground parking lots. Since the fire on Aug. 1, the market has been flooded with used EVs. K Car, Korea’s second-largest used car trading platform, reported an 184 percent increase in used EV listings in the first week of August compared to the final week of July. The Mercedes-Benz EQE series, w

Aug. 16, 2024

Hyundai, Kia report zero EV fires from overcharging

Hyundai Motor and Kia on Thursday said there had been no fire incidents due to overcharging their electric vehicles as the automakers emphasized the safety of their battery management system, or BMS, in the wake of consecutive EV fires spreading fears across Korea. The companies dismissed the claims that point fingers at overcharging behind the reason for EV fires, explaining that the BMS closely monitors an EV’s charging status in real-time and works in conjunction with the charging contr

Aug. 15, 2024

Tesla Korea keeps mum about battery suppliers

Tesla, the biggest electric vehicle importer in Korea, is keeping mum about releasing the information about their cars’ battery makers despite the government’s recommendation to do so following a recent series of EV fires. After two EV fires -- one in a Mercedes EQE and the other in a Kia EV6 -- broke out earlier this month, the government on Tuesday decided to recommend domestic automakers and importers to disclose the information of their battery suppliers. Korean automakers Hyunda

Aug. 15, 2024

[KH Explains] Are China-made batteries being fairly criticized for Mercedes EV fires in Korea?

“Our Mercedes-Benz customers are upset, and some are canceling their EV reservations. They’re saying, ‘How can you use cheap Chinese batteries in a luxury car?’ They’re angry because they feel betrayed,” said a manager at a Mercedes-Benz dealership in Korea. This backlash stems from the revelation that the battery in a Mercedes electric vehicle that led to a major fire in an Incheon apartment underground parking lot on Aug. 1 was made by Farasis Energy, a rela

Aug. 14, 2024

Carmakers advised to disclose battery suppliers in EVs

The Korean government will issue an advisory urging every electric vehicle automaker in Korea to disclose battery manufacturers and offer free inspections to owners, in response to rising concerns about EV safety following a ravaging fire in an underground apartment parking lot in Incheon. The government held a high-level meeting Tuesday, chaired by Bang Ki-sun, minister of government policy coordination, with vice ministers from key ministries, including Interior and Safety, Industry, Environme

Aug. 13, 2024

Hyundai, Kia to offer free EV safety inspections

Hyundai Motor Company and Kia have announced a free inspection service for all owners of their electric vehicles, responding to heightened safety concerns following a recent apartment fire in Cheongna International City, Incheon earlier this month. The inspection service, already underway since Aug. 8 for Hyundai and Aug. 9 for Kia, aims to reassure customers by thoroughly checking the safety of their vehicles. Hyundai and Genesis owners can access inspections at 22 premium High Tech and 1,234 a

Aug. 13, 2024

Polestar 4 signals premium EV expansion in Korea

Polestar Korea has launched the Polestar 4, the Swedish electric-vehicle maker’s coupe-style sports utility vehicle, seeking a breakthrough amid the ailing EV market with the new model. “The Polestar 4 boasts an overwhelming performance, design, interior space and outstanding price when compared to other vehicles in the same segment, including those with internal combustion engines. It will be able to breathe a fresh breeze into the domestic premium EV market,” said Ham Jong-su

Aug. 13, 2024

Mercedes-Benz Korea responds to EV fire with supplier list, free inspections

Mercedes-Benz Korea on Tuesday revealed the battery suppliers for all its electric cars sold here on its official Korean website and announced free inspections for all EV owners to address mounting safety concerns in the wake of a devastating fire in Incheon involving one of its electric vehicles. This announcement comes 12 days after the fire and follows similar actions taken by domestic automakers Hyundai Motor Company and Kia, both of which recently disclosed their EV battery suppliers. BMW K

Aug. 13, 2024

[Photo News] Hyundai Motor's e-paper ID cards

Hyundai Motor Company has developed an eco-friendly e-paper ID card for employees to replace plastic-based radio frequency cards. This card uses an LCD display and electronic ink, allowing for updates to user information like names and photos as needed. The card also enhances security by signaling unauthorized access with color changes and alarms and providing an SOS function for emergencies. The carmaker plans to implement this technology across its global operations. (Hyundai Motor Company)

Aug. 13, 2024

EV fires prompt transparency moves over battery origins

Electric vehicle battery manufacturers are bracing for increased scrutiny as South Korea considers new regulations requiring automakers to disclose their battery suppliers for each vehicle model, following a series of EV-related fires including a blaze in Incheon that damaged 100 vehicles. The car in the Incheon fire was a Mercedes-Benz equipped with a battery from Farasis, a Chinese manufacturer ranked 10th in the world by revenue. The exact cause of the fire -- whether it stemmed from the batt

Aug. 12, 2024

Hyundai Motor names battery sources as EV fire concerns grow

Hyundai Motor Group is addressing public safety concerns over electric fires in Korea by disclosing the battery manufacturers for its electric vehicle lineup and implementing enhanced safety features. It has listed the battery manufacturers for all 13 Hyundai and Genesis EVs on its official Korean website. According to the carmaker, most of the Hyundai EVs, including the flagship Ioniq brand cars, used batteries from Korea’s LG Energy Solution and SK On. Hyundai’s Kona Electric was t

Aug. 11, 2024

Software update of Hyundai, Kia cars result in lower theft rates in US

The anti-theft software upgrade for Hyundai Motor Company and Kia vehicles has reduced theft rates by more than half in the United States, according to a new study by the Highway Loss Data Institute. The two Korean automakers came under fire as numerous vehicle thefts among certain models lacking immobilizers grew exponentially after videos of young men stealing the cars went viral on social media platforms in the summer of 2022. In the videos, the thieves would rip off a plastic cover behind th

Aug. 9, 2024

[Photo News] New K8

Kia launched the new K8 on Friday, looking to invigorate the mid- to large-size sedan market with the product enhancement model. The new K8, which underwent a facelift for the first time since its initial release in April 2021, abandoned its old look and adopted the automaker's new star-map signature lighting on the front. The new sedan has been equipped with an advanced driver assistance system to offer upgraded marketability. The price of the new K8 starts at 37.36 million won ($27,338) i

Aug. 9, 2024

[KH Explains] Are underground parking bans for EVs fueled by fear or fact?

"No EVs permitted in underground parking areas." These signs have recently popped up at some apartment complexes and office buildings across South Korea, a response to a severe fire earlier this month. An electric vehicle ignited in the underground parking lot of an apartment building in Cheongna International City, Incheon, triggering widespread fear and leading some apartment managers to ban EVs from these spaces entirely. The fire began with a stationary, uncharging Mercedes-Benz EQ

Aug. 8, 2024

Hyundai Casper Electric aims to prevent sudden acceleration

Hyundai Motor Company on Tuesday showcased an array of distinguished features of the automaker’s newest battery-electric vehicle the Casper Electric, including the automaker’s latest technology that can prevent sudden acceleration incidents. Named Pedal Misapplication Safety Assist, or PMSA, the new technology automatically controls the vehicle’s speed when the driver floors the acceleration pedal suddenly from a standstill if there is an obstacle within one meter away from eit

Aug. 7, 2024