Hyundai recalls 1,744 Ioniq 5 electric models over charging control concerns
The purpose of the recall is to address a potential issue with the integrated charging control unit that may lead to the discharge of the 12V battery.
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Hyundai Motor India has initiated a recall affecting 1,744 units of its electric model, the Ioniq 5, due to concerns surrounding the integrated charging control unit.
According to information provided by the industry body SIAM, the recall affects units manufactured between July 21, 2022, and April 30, 2024.
The purpose of the recall is to address a potential issue with the integrated charging control unit that may lead to the discharge of the 12V battery.
This proactive measure underscores Hyundai's commitment to ensuring the safety and satisfaction of its customers.
Owners of the affected vehicles will be contacted by Hyundai to arrange for the necessary repairs to be carried out, ensuring the continued reliability and performance of the Ioniq 5 electric model.
This development comes at a time when Hyundai Motor India is reportedly gearing up to go public in India.
According to reports from ET, the company is expected to submit a draft red herring prospectus (DRHP) to the market regulator SEBI within the next two weeks.
If this plan comes to fruition, it would signify the first IPO by an automaker in India in more than two decades, following Maruti Suzuki's public offering in 2003.
Based in South Korea, Hyundai Motor India Limited functions as a fully-owned subsidiary of the Hyundai Motor Company.