How far behind South Korea would Australia be lagging in EV adoption?
And this is what awaits us.SEOUL - A mass sell-off of electric vehicles (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 EV access to underground parking lots.
Since the fire on Aug 1, the market has been flooded with used EVs. K Car, South Korea’s second-largest used car trading platform, reported an 184 per cent increase in used EV listings in the first week of August compared with the final week of July.
The full article is here:
https://www.straitstimes.com/asia/east-asia/south-korea-sees-panic-selling-in-used-evs
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