Berliner Boersenzeitung - Mercedes-Benz Korea discloses EV battery makers after fire

EUR -
AED 3.826681
AFN 70.961758
ALL 98.138602
AMD 405.652886
ANG 1.877182
AOA 951.190259
ARS 1045.720247
AUD 1.602814
AWG 1.877897
AZN 1.775245
BAM 1.955573
BBD 2.102956
BDT 124.465544
BGN 1.955294
BHD 0.392554
BIF 3076.642669
BMD 1.041829
BND 1.403837
BOB 7.197164
BRL 6.043693
BSD 1.041579
BTN 87.914489
BWP 14.229347
BYN 3.408604
BYR 20419.848375
BZD 2.099456
CAD 1.456529
CDF 2991.091432
CHF 0.930957
CLF 0.036923
CLP 1018.83097
CNY 7.54601
CNH 7.562783
COP 4573.368835
CRC 530.538382
CUC 1.041829
CUP 27.608468
CVE 110.252195
CZK 25.343745
DJF 185.478458
DKK 7.457729
DOP 62.772709
DZD 139.835759
EGP 51.726992
ERN 15.627435
ETB 127.508391
FJD 2.371151
FKP 0.822333
GBP 0.831435
GEL 2.855018
GGP 0.822333
GHS 16.456089
GIP 0.822333
GMD 73.970229
GNF 8977.957272
GTQ 8.040066
GYD 217.904692
HKD 8.110066
HNL 26.320943
HRK 7.431636
HTG 136.72412
HUF 411.522823
IDR 16610.452733
ILS 3.856892
IMP 0.822333
INR 87.968134
IQD 1364.44153
IRR 43834.955489
ISK 145.523076
JEP 0.822333
JMD 165.930728
JOD 0.738765
JPY 161.244275
KES 134.884334
KGS 90.122166
KHR 4193.512952
KMF 492.268155
KPW 937.645704
KRW 1463.259646
KWD 0.320727
KYD 0.867999
KZT 520.059599
LAK 22878.342838
LBP 93271.167197
LKR 303.144792
LRD 187.998165
LSL 18.795317
LTL 3.076251
LVL 0.630192
LYD 5.086409
MAD 10.478083
MDL 18.997794
MGA 4861.435378
MKD 61.522855
MMK 3383.819949
MNT 3540.134882
MOP 8.35093
MRU 41.443187
MUR 48.810083
MVR 16.10707
MWK 1806.090235
MXN 21.283008
MYR 4.654932
MZN 66.583684
NAD 18.795317
NGN 1767.675143
NIO 38.325549
NOK 11.53576
NPR 140.663663
NZD 1.785942
OMR 0.400943
PAB 1.041579
PEN 3.949541
PGK 4.193513
PHP 61.404399
PKR 289.239507
PLN 4.337676
PYG 8131.055634
QAR 3.798559
RON 4.978071
RSD 116.991412
RUB 108.671879
RWF 1421.834864
SAR 3.911473
SBD 8.734231
SCR 14.272055
SDG 626.663972
SEK 11.497837
SGD 1.402931
SHP 0.822333
SLE 23.68116
SLL 21846.638123
SOS 595.230868
SRD 36.978718
STD 21563.75683
SVC 9.113941
SYP 2617.626467
SZL 18.788818
THB 35.922648
TJS 11.092512
TMT 3.646401
TND 3.309016
TOP 2.440072
TRY 35.9978
TTD 7.074178
TWD 33.946439
TZS 2770.578216
UAH 43.089995
UGX 3848.553017
USD 1.041829
UYU 44.294855
UZS 13362.448044
VES 48.506662
VND 26482.251319
VUV 123.688032
WST 2.90836
XAF 655.880824
XAG 0.033274
XAU 0.000384
XCD 2.815595
XDR 0.792308
XOF 655.880824
XPF 119.331742
YER 260.379151
ZAR 18.915093
ZMK 9377.71492
ZMW 28.772658
ZWL 335.468513
  • GSK

    0.2600

    33.96

    +0.77%

  • RELX

    0.9900

    46.75

    +2.12%

  • AZN

    1.3700

    65.63

    +2.09%

  • RIO

    -0.2200

    62.35

    -0.35%

  • RBGPF

    59.2400

    59.24

    +100%

  • NGG

    1.0296

    63.11

    +1.63%

  • CMSC

    0.0320

    24.672

    +0.13%

  • RYCEF

    -0.0100

    6.79

    -0.15%

  • VOD

    0.1323

    8.73

    +1.52%

  • SCS

    0.2300

    13.27

    +1.73%

  • BCC

    3.4200

    143.78

    +2.38%

  • BTI

    0.4000

    37.38

    +1.07%

  • BP

    0.2000

    29.72

    +0.67%

  • BCE

    0.0900

    26.77

    +0.34%

  • CMSD

    0.0150

    24.46

    +0.06%

  • JRI

    -0.0200

    13.21

    -0.15%

Mercedes-Benz Korea discloses EV battery makers after fire
Mercedes-Benz Korea discloses EV battery makers after fire / Photo: Anthony WALLACE - AFP

Mercedes-Benz Korea discloses EV battery makers after fire

Mercedes-Benz Korea released the names of its electric vehicle battery suppliers on Tuesday, bowing to public outrage after one of its cars burst into flame in a parking lot earlier this month.

Text size:

The August 1 fire damaged hundreds of vehicles and created a national panic, with car parks across South Korea imposing a wave of adhoc restrictions amid growing calls for transparency on battery supply chains.

South Korea is a major producer of batteries and electric vehicles, including local carmakers Hyundai and Kia, with EVs making up 9.3 percent of new cars purchased last year -- higher than in the US.

"Although the analysis is still in progress, the CCTV footage suggests that this fire exhibits all the signs of being caused by a battery," a spokesman at the Incheon Fire Department told AFP.

According to experts, battery fires are tougher to extinguish than conventional ones due to the thermal runaway effect -- a chain reaction within battery cells.

The Mercedes-Benz model EQE 350 that exploded into flames had a battery from Chinese manufacturer Farasis Energy, Mercedes Korea disclosed on its website Tuesday.

Local media have shown dramatic images of the car catching fire, causing a blaze that destroyed 40 vehicles in the parking lot, with the fire department saying some 23 people were hospitalised for smoke inhalation.

Fire authorities are investigating the deactivation of the car park's sprinkler system in the fire's initial minutes, with local media speculating a maintenance worker may have thought it had been activated in error.

South Korea's Office for Policy Coordination said Tuesday it would recommend automakers voluntarily disclose the battery brand information for all electric vehicles sold in the country.

"To alleviate the concerns of residents in multi-unit housing, it has been decided to conduct urgent inspections of fire safety facilities, such as sprinklers, in underground parking lots," it added.

The government also plans to offer a "free inspection" of electric vehicles to ease any fire-related concerns among their owners, they said.

The incident has heightened concerns about the safety of electric vehicles, prompting some apartment complexes to ban EVs from underground parking and to shut down charging stations.

Other Mercedes battery suppliers include South Korean companies LG Energy Solution and SK On and China's CATL, the company revealed Tuesday.

The fire has sparked a public demand for mandatory disclosure of battery suppliers by EV manufacturers.

(T.Burkhard--BBZ)