Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Safety agency reports power problems in Hyundai Ioniq 5 SUVs By: FOX Business June 18, 2023 at 00:50 AM EDT A series of complaints about a loss of power in Hyundai's popular electric SUV has begun a preliminary investigation into 2022 models of the Ioniq 5. A series of complaints is raising safety concerns about Hyundai's popular electric SUV.U.S. owners of the Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, according to the National Highway Traffic Safety Administration.Many have said the loss of power came after hearing a loud popping noise.Hyundai said it would offer a software update beginning next month and replace affected components if necessary.HYUNDAI, LG PARTNER TO BUILD $4.3 BILLION ELECTRIC VEHICLE BATTERY PLANT IN GEORGIAThe NHTSA said it received 30 complaints about the problem in 2022 models, of which it estimated 39,500 were on U.S. highways, according to a notice posted online.A preliminary investigation opened by a division within the NHTSA indicates a recharging issue.The issue is a power surge that damages transistors, preventing vehicles' 12-volt battery from recharging.HYUNDAI AND KIA TO RECALL MORE THAN HALF MILLION VEHICLES OVER FIRE CONCERNHyundai spokesperson Ira Gabriel told FOX Business that the company was fully cooperating with the investigation and was launching a service campaign in July to update affected vehicles' software.Hyundai said if necessary, it would replace the component involved. It's called an Integrated Control Charging Unit.KIA, HYUNDAI ROLL OUT NEW ANTI-THEFT SOFTWARE UPGRADEMany governments are counting on EVs to replace gasoline-burning vehicles that emit greenhouse gases that cause global warming.The Associated Press contributed to this report. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Safety agency reports power problems in Hyundai Ioniq 5 SUVs By: FOX Business June 18, 2023 at 00:50 AM EDT A series of complaints about a loss of power in Hyundai's popular electric SUV has begun a preliminary investigation into 2022 models of the Ioniq 5. A series of complaints is raising safety concerns about Hyundai's popular electric SUV.U.S. owners of the Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, according to the National Highway Traffic Safety Administration.Many have said the loss of power came after hearing a loud popping noise.Hyundai said it would offer a software update beginning next month and replace affected components if necessary.HYUNDAI, LG PARTNER TO BUILD $4.3 BILLION ELECTRIC VEHICLE BATTERY PLANT IN GEORGIAThe NHTSA said it received 30 complaints about the problem in 2022 models, of which it estimated 39,500 were on U.S. highways, according to a notice posted online.A preliminary investigation opened by a division within the NHTSA indicates a recharging issue.The issue is a power surge that damages transistors, preventing vehicles' 12-volt battery from recharging.HYUNDAI AND KIA TO RECALL MORE THAN HALF MILLION VEHICLES OVER FIRE CONCERNHyundai spokesperson Ira Gabriel told FOX Business that the company was fully cooperating with the investigation and was launching a service campaign in July to update affected vehicles' software.Hyundai said if necessary, it would replace the component involved. It's called an Integrated Control Charging Unit.KIA, HYUNDAI ROLL OUT NEW ANTI-THEFT SOFTWARE UPGRADEMany governments are counting on EVs to replace gasoline-burning vehicles that emit greenhouse gases that cause global warming.The Associated Press contributed to this report.