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News

Hyundai And Kia Recall Vehicles Over Charging Unit Concerns

Author: Lekha Gupta | March 22, 2024 12:48pm

Hyundai Motor Co., Ltd. (OTC:HYMTF) and Kia America have reportedly recalled a combined 147,100 U.S. vehicles on Thursday.

The National Highway Traffic Safety Administration (NHTSA) said that the Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-volt battery, which can lead to a loss of drive power, increasing the risk of a crash, reported Reuters.

In particular, Hyundai will recall 98,878 vehicles, affecting certain Ioniq and Genesis models, while Kia will recall 48,232 vehicles impacting certain EV6 models.

ReadKia Sweetens The Deal With $5,000 Cash-Back For Popular EV9: Here’s How Much New Starting Price Would Be

In September 2023, Hyundai Motor and Kia Corp issued “park outside” recalls for more than 3.3 million vehicles due to the fire risk.

Also ReadHyundai Workers In Alabama Join UAW Amid Unionization Drive

Price Action: HYMTF shares are down 5.76% at $56.51 on the last check Friday.

Photo by Maryland GovPics via Flickr

Posted In: HYMTF

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