South Korea’s transport ministry mentioned that Hyundai will recall 25,564 Kona electrical automobiles (EVs) constructed between September 2017 and March 2020, to repair defective battery cells.
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The recall will embrace software program updates and battery replacements after inspections
Hyundai Motor Co will voluntarily recall its Kona electrical automobiles as a potential brief circuit resulting from defective manufacturing of its high-voltage battery cells may pose a hearth danger, South Korea’s transport ministry mentioned on Thursday. Beginning Oct. 16, the recall, which incorporates software program updates and battery replacements after inspections, entails 25,564 Kona electrical automobiles (EVs) constructed between September 2017 and March 2020, the transport ministry mentioned in a press release.
The protection recall “is a proactive response to a suspected faulty manufacturing of high-voltage batteries used within the automobiles, which can have contributed to the reported fires”, the corporate mentioned, including that it’s going to deploy all needed measures to establish the reason for the fireplace and deal with clients’ wants.
Some 13 incidents of fireplace involving the Kona EV, together with one every in Canada and Austria, had been documented up to now, in accordance with a press release by ruling celebration lawmaker Jang Kyung-tae’s workplace on Thursday.
Some 13 incidents of fireplace involving the Kona EV, together with one every in Canada and Austria, had been documented up to now
Kona EVs use batteries made by LG Chem Ltd. An LG Chem spokesman mentioned the corporate didn’t have a direct remark.
Hyundai’s shares fell 1.four%, reflecting investor issues that the recall and battery replacements may very well be expensive, because the battery takes up about 30% of an EV’s value, analysts mentioned.
In distinction, LG Chem shares rose 1.eight%.
The Kona Electrical is the South Korean automaker’s first long-range subcompact SUV EV.
In July, Hyundai Motor Group chief Euisun Chung mentioned Hyundai Motor and sister firm Kia Motors intention to promote 1 million battery-driven electrical automobiles in 2025, concentrating on greater than 10% of the worldwide market share for such automobiles.
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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