SEOUL, Aug 8 (Reuters) - South Korea's environment
ministry said on Thursday it plans to hold an emergency meeting
next week to discuss fires involving electric vehicles (EVs),
including a blaze that caused extensive damage, and draw up
measures to prevent such incidents.
The ministry said the land and industry ministries will join
Monday's meeting as well as other state bodies, such as the
National Fire Agency, adding that the government planned to
announce comprehensive measures regarding EV fires soon.
The move comes as analysts warn that authorities and the EV
industry need to find ways to allay public worries on safety in
a sector already suffering a slowdown in sales.
Yonhap news agency said the government would unveil the new
measures early next month.
Separately, the Chosun Ilbo newspaper cited an unnamed
transport ministry official as saying South Korea planned to
require EV makers to disclose the brand of batteries in cars.
Automakers in South Korea currently need to provide certain
information about vehicles, such as fuel efficiency, but only
limited details on batteries and do not have to name the
manufacturers, the newspaper said.
The transport ministry declined to give an immediate comment
on the report.
Last week, a Mercedes-Benz electric sedan with batteries
made by Chinese company Farasis Energy caught fire
in the underground garage of an apartment in the South Korean
city of Incheon, according to media reports.
The blaze took more than eight hours to extinguish and
damaged about 140 cars and 23 people were hospitalised due to
smoke inhalation, Yonhap reported.
Mercedes-Benz Korea said in a statement it took the incident
very seriously and planned to cooperate with authorities to
determine the cause.
Farasis did not immediately respond to a request for
comment.
The Seoul Metropolitan Fire & Disaster Headquarters in a
report published in February said 1,399 fires occurred in
underground parking lots in South Korea between 2013 and 2022
with 43.7% attributed to vehicles. It said electrical sources
accounted for 53% of car fires in underground garages.
"A series of EV fires occurring in underground parking lots
have been linked to growing consumer distrust of EVs, which
could prolong the current EV downturn," said Esther Yim, an
analyst at Samsung Securities, calling on the industry to come
up with measures to reassure consumers.
Last month, Hyundai Motor ( HYMTF ) said it would expand
hybrid line-ups as demand for EVs eases globally.
Meanwhile, battery maker LG Energy Solution,
whose customers include Tesla, General Motors ( GM )
and Hyundai Motor ( HYMTF ) among others, cut its annual sales target on a
slowdown in global EV demand.