Hyundai will recall 82,000 electric vehicles globally to replace defective battery packs at risk of catching fire. The recalls affect 76,000 Konas, its best-selling vehicle, along with Ioniqs and electric buses. The vehicles were produced between November 2017 and March 2020.
- There have been 15 confirmed cases of fires in the Kona, with 11 occurring in South Korea. The rest occurred in Canada, Finland, and Austria.
- The battery packs were made at LG Energy Solutions' factory in Nanjing, China.
- The recall will cost $900M, which would be the largest ever for electric vehicles. Hyundai and LG are currently discussing how they'll split the costs.
- Hyundai and its partner Kia are the world's fourth-largest electric vehicle maker, controlling 7.2% of the global market.
- In the first nine months of 2020, Hyundai/Kia sold a combined 130,000 EVs and are aiming to sell one million by 2025.
- Hyundai sold 62,000 EVs by itself in 2019.