EV ‘phobia’ allegedly grips South Korea, leading to price cuts

Electric vehicle (EV) phobia is allegedly gripping customers in South Korea after an electric Mercedes-Benz caught fire. The government announced an emergency meeting about EV safety, and now automakers are rolling out significant price cuts to attract new car buyers. Auto dealers for foreign brands plan to cut retail prices by around 30% for new … Continue reading EV ‘phobia’ allegedly grips South Korea, leading to price cuts