Burning batteries will cost Hyundai $900 million

Hyundai is recalling 82,000 electric cars globally to replace faulty LG Chem batteries after reports of fires, costing the company $900 million. This recall, one of the most expensive in history, highlights the financial risks of battery defects. Replacing the batteries is as costly as replacing a gasoline engine. General Motors also recalled 70,000 Chevy Volts for similar issues. Hyundai's new Ionic 5 SUV will not use LG Chem batteries.

What prompted Hyundai to recall 82,000 electric cars globally?

• Reports of fires involving Kona SUVs

• A new model release

• Customer complaints about mileage

• A government mandate

How much is Hyundai expected to spend on the recall?

• 700 million USD

• 900 million USD

• 500 million USD

• 1 billion USD

What is the average cost per vehicle for the recall?

• 5,000 USD

• 15,000 USD

• 11,000 USD

• 20,000 USD

What is the alleged cause of the battery issue?

• Overcharging

• Material separating the cathode and anode

• Software malfunction

• Faulty wiring

Which new Hyundai model will not use LG Chem batteries?

• Tucson

• Kona SUV

• Ionic 5 crossover SUV

• Santa Fe