Tuesday, May 21, 2024
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Possible exaggerated advertising in Tesla’s mileage investigated

SEOUL (CNA) – South Korea’s antitrust regulator is investigating US electric car maker Tesla over allegations the company exaggerated the specifications of its batteries, an official at the Korea Fair Trade Commission (KFTC) said yesterday.

Yonhap news agency on late Monday reported the KFTC had sent a report to the electric vehicle (EV) maker stating that it had exaggerated the mileage of some of its models, including Model 3, in violation of the Act on Fair Labeling and Advertising.

“We plan to hold a meeting to decide the level of sanctions against the automaker,” an official at the KFTC told Reuters.

Tesla, on its website, said its Model 3 can travel 528km on a single charge. The KFTC said however that the range may fall short of that should the temperature drop below freezing.

Analysts said most electric vehicles could generally experience some loss of driving range in cold weather.

Tesla was not immediately available for comment when contacted by Reuters.