Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching Hyundai begins world’s most expensive electric vehicle recall (US$900M) | Auto Expert John Cadogan. and this video is uploaded by Auto Expert John Cadogan at 2021-02-26T14:34:02-08:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [IQxQZlga14o]
| Name | Hyundai begins world’s most expensive electric vehicle recall (US$900M) | Auto Expert John Cadogan |
| Video Uploader | Video From Auto Expert John Cadogan |
| Upload Date | This Video Uploaded At 26-02-2021 22:34:02 |
| Video Discription | If recalling EVs were an Olympic sport, the Hyundai Kona Electric just went for gold. In the worst possible way. Hyundai is recalling 82,000 EVs globally to replace the LG Chem battery packs inside because there’s a potential fire risk. Oops a daisy. It’s kind of a bad look for the world’s fifth-largest carmaker - especially as the company pivots heavily towards EVs with brand Ioniq. Podcast (audio-only version, for listening in the car, etc.): https://anchor.fm/autoexpert Save thousands on any new car (Australia-only): https://autoexpert.com.au/contact AutoExpert discount roadside assistance package: https://247roadservices.com.au/autoexpert/ Did you like this report? You can help support the channel, securely via PayPal: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=DSL9A3MWEMNBW&source=url Around the world there will be 75,680 Kona Electric models plus 5715 Ioniq Electric and 305 City buses recalled. Apparently there have been 12 fires, worldwide, but what’s prompted this somewhat expensive recall is the fact that in this last reported fire (ie, fire number 12) a software update that was thought to have solved the potential problem, had already been completed. That’s part of a Hyundai statement from Wednesday this week, and speaking of ‘high financial burden’ it’s going to cost about one trillion South Korean won, or $900 million US dollars, which is $1.15 billion Shitsvillian micro-pesos, more or less. I’d love to be a fly on the wall for the high-level tantrums between senior Hyundai dudes and their opposite numbers at LG Chem, which makes the batteries, in this case at a factory in Nanjing, China. LG is actually the world’s largest EV battery supplier. The company also supplied the batteries for the Chevy Bolt, 69,000 of which were recalled for a similar potential pants-pooping proclivity recently. Those batteries, however, used different internal components, and they were made at a different LG plant, this time in South Korea. The Bolts were recalled worldwide after several reported fires. Attribution of blame here is going to be a big deal - like, is it Hyundai’s fault, or GM’s in the case of the Bolt, or LG’s? LG Chem doesn’t really have much of a reputational stake here either way in the minds of ordinary car buyers, so the dent in the reputation will attach almost entirely to Hyundai, but the cost will probably be shared between Hyundai and LG in this case. [IQxQZlga14o] |
| Category | Autos & Vehicles |
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