{"id":22626,"date":"2021-02-25T22:58:49","date_gmt":"2021-02-26T03:58:49","guid":{"rendered":"https:\/\/www.emanualonline.com\/blog\/?p=22626"},"modified":"2021-02-25T22:58:49","modified_gmt":"2021-02-26T03:58:49","slug":"hyundai-to-replace-batteries-in-all-kona-evs-costing-900-million","status":"publish","type":"post","link":"https:\/\/www.emanualonline.com\/blog\/hyundai-to-replace-batteries-in-all-kona-evs-costing-900-million","title":{"rendered":"Hyundai to Replace Batteries in all Kona EVs, Costing $900 Million"},"content":{"rendered":"<p style=\"color: #ef8b09; font-size: large;\">Hyundai and LG Chem\u2019s major battery mishap led to the recall of 82,0000 electric vehicles globally, prompting the company to replace every single one of them.<\/p>\n<p>The vehicles affected include the Kona EV, <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/ioniq\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ioniq<\/a>, and some city buses that came off the production line between November 2017 and March 2020. The <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/recall\/\" target=\"_blank\" rel=\"noopener noreferrer\">recall<\/a> refers to roughly 76,000 Kona EVs, including 25,000 sold in the domestic market of <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/korea\/\" target=\"_blank\" rel=\"noopener noreferrer\">South Korea<\/a>.<\/p>\n<p><a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/hyundai-1\/\" target=\"_blank\" rel=\"noopener noreferrer\">Hyundai<\/a> recalls all vehicles because there were 15 instances where <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/kona\/\" target=\"_blank\" rel=\"noopener noreferrer\">Kona<\/a> EVs caught fire. Two of them were Canada, 11 in South Korea, and one each in Austria and Finland.<\/p>\n<p>The South Korean transport ministry initiated an investigation to find out the root cause of this issue. Initial findings claim that the batteries <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/lg-chem\/\" target=\"_blank\" rel=\"noopener noreferrer\">LG Chem<\/a> manufactured in China had some technical problems leading to the fire.<\/p>\n<p>\u201cIt\u2019s very significant for both Hyundai and LG as we are in the early stages of the electric vehicle era. How Hyundai handles this will set a precedent not just in South Korea but also for other countries,\u201d said Lee Hang-Koo, a senior researcher at the Korea Institute for Industrial Economics &amp; Trade.<\/p>\n<p>LG Energy Solution denied the blame on its behalf. Namely, the battery maker stated Hyundai misinterpreted the instructions to enable quick charging in the cells.<\/p>\n<p>Hyundai refused to comment on LG\u2019s statement and said it would wait for the investigation done by the Korean government.<\/p>\n<p>Meanwhile, owners of these vehicles are advised not to charge their car to more than 90 percent of the <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/battery\/\" target=\"_blank\" rel=\"noopener noreferrer\">battery<\/a> capacity until it gets replaced.<\/p>\n<p>Other manufacturers in the EV race should learn from Hyundai\u2019s mistake to avoid doing the same thing.<\/p>\n<p>The shares of both LG Chem and Hyundai fell by 2.8% and 3.9%, respectively.<\/p>\n<p>The estimated cost of this procedure would be around $900 million. However, without a specific cause yet identified, it is still too early to know who will be responsible for paying the high bill or if LG Energy Solutions and Hyundai will share the cost.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-hyundai-motor-electric-recall\/hyundai-motor-to-replace-battery-systems-in-costly-electric-car-recall-idUSKBN2AO0JS\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Source<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyundai and LG Chem\u2019s major battery mishap led to the recall of 82,0000 electric vehicles globally, prompting the company to replace every single one of them. The vehicles affected include the Kona EV, Ioniq, and some city buses that came off the production line between November 2017 and March 2020. The recall refers to roughly &hellip;<\/p>\n","protected":false},"author":52,"featured_media":22677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[5451,5398],"tags":[3931,167,4477,8717,9853,9933,10087,9759],"class_list":["post-22626","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-hyundai","category-recalls","tag-battery","tag-ev","tag-hyundai-1","tag-ioniq-5","tag-kona","tag-korea","tag-lg-chem","tag-recall"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hyundai to Replace Batteries in all Kona EVs, Costing $900 Million<\/title>\n<meta name=\"description\" content=\"Hyundai and LG Chem\u2019s major battery mishap led to the recall of 82,0000 electric vehicles globally, 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In his spare time, you\u2019ll find him playing mobile games, exploring magical places, and shooting videos.","sameAs":["https:\/\/www.facebook.com\/shwetank.sinha.50","https:\/\/www.instagram.com\/the_shwetank_sinha","https:\/\/www.linkedin.com\/in\/shwetank-394a2077","https:\/\/x.com\/sinha_shwetank"],"url":"https:\/\/www.emanualonline.com\/blog\/author\/shwetank"}]}},"uagb_featured_image_src":{"full":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F.jpg",1200,675,false],"thumbnail":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-150x150.jpg",150,150,true],"medium":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-300x169.jpg",300,169,true],"medium_large":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-768x432.jpg",618,348,true],"large":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-1024x576.jpg",618,348,true],"1536x1536":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F.jpg",1200,675,false],"2048x2048":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F.jpg",1200,675,false],"tie-small":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-110x75.jpg",110,75,true],"tie-medium":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-310x165.jpg",310,165,true],"tie-large":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-310x205.jpg",310,205,true],"slider":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-660x330.jpg",660,330,true],"big-slider":["https:\/\/www.emanualonline.com\/blog\/wp-content\/uploads\/2021\/02\/Hyundai-Kona-Electric-F-1050x525.jpg",1050,525,true]},"uagb_author_info":{"display_name":"Shwetank","author_link":"https:\/\/www.emanualonline.com\/blog\/author\/shwetank"},"uagb_comment_info":0,"uagb_excerpt":"Hyundai and LG Chem\u2019s major battery mishap led to the recall of 82,0000 electric vehicles globally, prompting the company to replace every single one of them. The vehicles affected include the Kona EV, Ioniq, and some city buses that came off the production line between November 2017 and March 2020. The recall refers to roughly&hellip;","_links":{"self":[{"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/posts\/22626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/comments?post=22626"}],"version-history":[{"count":1,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/posts\/22626\/revisions"}],"predecessor-version":[{"id":22627,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/posts\/22626\/revisions\/22627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/media\/22677"}],"wp:attachment":[{"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/media?parent=22626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/categories?post=22626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.emanualonline.com\/blog\/wp-json\/wp\/v2\/tags?post=22626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}