Multiple U.S. owners of Hyundai's popular Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, many after hearing a loud popping noise, the National Highway Traffic Safety Administration said Saturday.
Hyundai said it would offer a software update beginning next month and replace affected components if necessary.
The NHTSA said in a notice posted online that it received 30 complaints about the problem in 2022 models, of which it estimated 39,500 were on U.S. highways.
The Office of Defects Investigation at the NHTSA has opened a preliminary investigation and says Hyundai indicated in an initial review that a power surge was damaging transistors, preventing vehicles' 12-volt battery from recharging.
Hyundai spokesperson Ira Gabriel said the company was fully cooperating with the investigation and was launching a service campaign in July to update affected vehicles' software and, if necessary, replace the component involved. It's called an Integrated Control Charging Unit.
General Motors, Mercedes-Benz, Hyundai, Stellantis and Volkswagen have also issued recalls since February of 2020, most due to internal battery failures that can increase the risk of fires.
The U.S. National Transportation Safety Board also investigated a series of fires in Tesla vehicles and said the high-voltage lithium-ion batteries pose safety risks to first responders after crashes.
Many governments are counting on EVs to replace gasoline-burning vehicles that emit greenhouse gases that cause global warming.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
