Seoul, August 16: Victims of a massive South Korean apartment complex fire that began from a Mercedes-Benz electric vehicle (EV) earlier this month have expressed discontent over the German automaker's initial relief support pledge, claiming the promised amount is "absurdly insufficient" when compared with the actual total damage.

Last week, Mercedes-Benz Korea offered to donate 4.5 billion won ($3.3 million) as part of relief support for victims of the apartment complex in Incheon, 27 kilometers west of Seoul, where a fire that started from a Mercedes-Benz EV destroyed over 100 cars. Mathias Vaitl, CEO and president of Mercedes-Benz Korea, met with residents of the affected apartment in Incheon. EV Safety Concerns: South Korean Carmakers Now Disclosing Brand Information of Batteries Used Their Electric Vehicles Over Customers’ Fear of Battery Catching Fire.

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At the meeting, Vaitl said the company will consider offering additional support if the residents deem the amount as being insufficient. According to sources, residents in general expressed frustration over Vaitl's belated appearance in front of the residents. The CEO was in Germany for over 10 days after the accident and showed up in Incheon 13 days after the EV fire incident.

"The residents collectively expressed that the 4.5 billion-won offer was insufficient," a participant at the meeting told Yonhap News Agency over the phone. The resident said Vaitl advised the residents to "use the funds urgently to address the most immediate recovery needs." The person recollected Vaitl as starting the meeting by saying "Hello" in Korean. Soon after, residents criticized the CEO, saying that he should have started by saying "I'm sorry," the person said.

According to another person at the meeting, residents pointed out "in anger how a single vehicle ended up damaging the livelihoods of 1,581 households." "One of the attendants raised concerns about secondary effects from the dust caused by the fire, noting that children are experiencing sore throats and local residents are suffering from headaches," the person said. Another person raised the issue regarding how different owners of over 100 vehicles have different car insurance plans.

The person said that while people with full insurance coverage may receive full reimbursement, those with weaker insurance products may end up having to accept their losses. Another resident pointed out how 4.5 billion won, which may seem large, is actually "absurdly insufficient" when considering the totality of the situation at hand.

"We have 1,581 household units in our apartment complex. If you do the calculation, each household on average is subject to about 3 million won each from the relief support by Mercedes-Benz," a resident said. Rep. Lee Yong-woo of the main opposition Democratic Party, who also attended the meeting, argued Mercedes-Benz Korea must recognise its responsibility for the accident unless it can prove otherwise.

"The company should prepare comprehensive and timely measures without any limitations," Lee said. Lee also said the 4.5 billion-won relief support offered by Mercedes-Benz Korea is grossly inadequate considering the overall level of damage. Indian Automobile Sales in July: Passenger Vehicle Sales of 3.41 Lakh Units for Last Month Shows Positive Outlook for Industry, Says SIAM Report.

A Mercedes-Benz Korea media representative said the company internally wasn't considering increasing its donation offer at the moment. "At the time of the meeting, the CEO carefully listened to the concerns of the residents and mentioned that additional support would be considered if necessary," the company official added.

(The above story first appeared on LatestLY on Aug 16, 2024 03:29 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).