Battery Shortage A Problem For Hyundai IONIQ Electric
Hyundai was hit by a lithium-ion battery shortage for its IONIQ Electric cars, which interrupts production and global sales.
The South Korean manufacturer informed its customers in Canada about the constraints and announced the end of 2018 model year sales. At the same time, it’s opening pre-orders for the 2019 model year (expected from July on).
News comes from Green Car Reports, which later discovered the problem in California too.
“Hyundai Canada informed dealers that:
“Due to a temporary global battery supply shortage, the sold order entry system for 18MY Ioniq EV will be closed effective immediately. The 19MY Ioniq EV will be opened at the same time to allow for pre-sale of 19My Ioniq EV, with deliveries beginning in July.”
The Bulletin Summary notes that:
- Sold orders for 18MY Ioniq EV’s [sic] will be closed effective immediately due to a global battery supply shortage.
- Available inventory may not be sufficient to fill all outstanding 18MY sold orders. Your regional office will inform you if any of your orders are affected. These customers will be give the option to convert to 19MY under the same sales program terms (rate and cash discount, if applicable)
- 2019MY Ioniq EV sold orders will be opened to allow for pre-sale for the new model year. “
While so many complaints fell on Tesla due to its Model 3 production ramp-up (now one of the best selling all-electric cars in the world), we are surprised that a company as big as Hyundai notes troubles at level of barely 3,000 combined sales of the BEV and PHEV versions a month.
The battery pack in a Tesla Model 3 is also three-times bigger than in the all-electric IONIQ.
In the first quarter, Hyundai sold 5,527 IONIQ Electric and 3,050 IONIQ Plug-In Hybrids globally.
The problem with batteries for IONIQ Electric doesn’t lead us to believe the Kona Electric will be a volume car now either.
Source: Green Car Reports