Korean

Tesla safety at center of South Korean lawsuit over fatal crash

Tesla safety at center of South Korean lawsuit over fatal crash

SEOUL, Nov 21 (Reuters) – Two years ago, in an upscale Seoul neighborhood, a white Tesla Model X slammed into the wall of a parking lot. The fire accident killed a prominent lawyer – a close friend of the South Korean president. Prosecutors have charged the driver with manslaughter. He blames Tesla. Choi Woan-jong, who …

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Korean VC Sopoong closes $8 million fund for startups focused on environmental impact

Korean VC Sopoong closes $8 million fund for startups focused on environmental impact

Two years ago, South Korea unveiled a plan to achieve carbon neutrality by 2050. Getting there will be another story. AAlthough Korean manufacturers say they are trying to change their ways, the country’s GDP is tied to some particularly polluting industries, including petrochemical producers, automakers and shipbuilders. Although some businesses are never truly sustainable, a …

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