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As the core of electric vehicles, the rapid development of battery technology has helped electric vehicles achieve a steady increase in range and sales breakthroughs. However, at the same time, the increasingly high energy density has also raised concerns about the safety of electric vehicles' batteries.

Recently, according to South Korean media, due to multiple fire accidents of its models, Hyundai Motor is applying to the South Korean Ministry of Land and Transport to retrieve the power batteries of all electric vehicles, once again raising public concerns about the safety of electric vehicle batteries.

LG Chemical's Prospects for Boosting Growth are Worry

According to Korean media reports, the models that Hyundai Motor has applied for recycling this time include over 21000 IONIQs, 236 buses, and 33000 KONA electric versions.

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