Hyundai's Hybrid Focus and EV Recalls

Hyundai is adapting to changing market demands by increasing hybrid production at its new EV plant in Georgia, illustrating a strategic pivot as hybrid vehicles gain popularity Although Hyundai's electric vehicle sales experienced a dip in the first quarter of 2024, hybrids have become more significant in overall sales, particularly in key markets The company is gearing up to start production by the fourth quarter, with an annual target of 300,000 electric vehicles and the capability to scale up to 500,000 to cater to customer demand. Amidst these developments, Hyundai is also preparing for the launch of its first three-row electric SUV, the IONIQ 9 However, the brand faces challenges as it recently recalled two models of the Ioniq 6 in the United States This recall, spurred by improperly torqued bolts in the rear Motor-Gear Drive Unit, affects a small batch of vehicles manufactured over a couple of days in August 2023. Hyundai pledges to solve the recall by replacing the faulty units and will do so without any cost to the vehicle owners, who will also receive reimbursements for incurred expenses The digital notifications for dealers are scheduled for June 18, 2024, followed by certified mail notifications for owners This is among a series of recalls that have affected the Ioniq line, including a broader recall involving 18,017 Ioniq 6 models among others from Hyundai, Kia, and Genesis brands, announced in late March..