Battery fire in Incheon risks cooling South Korea's EV fever

Tough regulations expected as authorities strengthen safety measures

20240826 South Korea Benz EV

Officials on Aug. 8 examine an electric car that caught fire in the underground parking lot of an apartment complex in Incheon, South Korea, a week earlier. © Reuters

KIM JAEWON, Nikkei staff writer

SEOUL -- Cho, a veteran dealer at Janghanpyeong market, South Korea's biggest second-hand car emporium, spent the past few years doing brisk business in used electric vehicles.

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