TLDR
The Midas incident with Midas marks the fourth large EV ship in 18 months, with the lake insurers report a ten high fire of 250 fire incidents in 2024. The mandatory regulations of IMO in 2027 require a fleet that cost fleet-wide retrofits, which costs an estimated $ 800,000 a year, to push 40% of current authors.
The morning MIDAS with 3,048 vehicles, including 70 full electrical and 681 hybrid vehicles, was left on June 3, 2025, 300 miles south of Adak, Alaska, after his CO2 suppression system contained no fire that came on a deck with electric vehicles. This is not an isolated incident-it is a systemic crisis that re-changed the maritime insurance market and forces the international maritime organization to accelerate the regulatory reforms that are originally planned after 2030.
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