$60,000 Hyundai Ioniq 5 battery replacement quote

[maggie06]

If it's damage then it's an insurance claim. Are we honestly saying that they're getting stuck with a $60k bag? There's no way the owner is stuck with the cost outright. Dealer inspects and says it's damaged. My next call would be the insurance company. I don't understand how this has went 3 pages of EV trash talk and unless I missed it, I haven't seen this said.

It's either warranty or insurance. The owner would be made whole either way in the end.

Except owner says the insurance company will claw back their costs by doubling his premiums for next 10 years.

So not quite whole.

 

[JeffKeryk]

Except owner says the insurance company will claw back their costs by doubling his premiums for next 10 years.

So not quite whole.

I hate it when that happens!!!!

 

[PandaBear]

EVs are, and have been since inception, throw away vehicles. When the battery has an issue out of warranty they go to the crusher

It is not, just like a timing chain should not make your car a throw away vehicle. Prius can replace battery, EV should be able to if designed right. Problem is some companies like Nissan (with some JATCO CVT) and Hyundai are just questionable manufacturers.

 

[PandaBear]

Hyundai should have a measurement for how much that panel can be pushed in by before it causes issues. That panel is there to protect the batteries cooling pack so if it is damaged too much is could cause a coolant leak in the battery.

I don’t see why the battery casing could not just be replaced. More labour but less parts cost as you reuse the battery modules.

Either dealers tech is unqualified or they wanted to go with most expensive option.

They didn't engineer enough on the battery pack hence they have to recommend replacement. Do you really think they will have a guideline on how much the panel can be pushed in and all the procedures? Come on now.

 

[Cujet]

I mean, the same can be said for ICE vehicles if and when a catastrophic engine or trans failure occurs.

I like replaceable battery packs, and maybe GM has the right idea with replaceable modules (24 modules on the Hummer EV). (I have a feeling GM is going to need that feature). I am not a fan of body-integrated and non repairable, "potted" battery packs. The failure of one cell scraps the vehicle. The weight and cost savings is there, for sure. The benefit to the consumer is not. I don't want that risk.

I clearly remember grandpa and his friends, purchasing a new car every few years. Sure, cars back then had questionable longevity, and you never knew if the model you purchased would make 100K miles. Maybe it's time for that kind of thing again. Where an EV is purchased or maybe Leased new, replaced with new after 3 or 5 years. The financial hit of this will be doubly hard with EV's, but that's the way it goes....

 

[proveitwithdata]

I like replaceable battery packs, and maybe GM has the right idea with replaceable modules (24 modules on the Hummer EV). (I have a feeling GM is going to need that feature). I am not a fan of body-integrated and non repairable, "potted" battery packs. The failure of one cell scraps the vehicle. The weight and cost savings is there, for sure. The benefit to the consumer is not. I don't want that risk.

I clearly remember grandpa and his friends, purchasing a new car every few years. Sure, cars back then had questionable longevity, and you never knew if the model you purchased would make 100K miles. Maybe it's time for that kind of thing again. Where an EV is purchased or maybe Leased new, replaced with new after 3 or 5 years. The financial hit of this will be doubly hard with EV's, but that's the way it goes....

I think with industry speakerphones like Sandy Munro, who claim EVs are a paradigm shift, i assume we are in the rolling twenties when it comes history repeating itself

 

[Cujet]

I think with industry speakerphones like Sandy Munro, who claim EVs are a paradigm shift, i assume we are in the rolling twenties when it comes history repeating itself

I do enjoy watching Munro's presentations. Down to earth, yet sufficiently revealing. As far as the Twenties go, if you are going back 100 years to the 1920's, you may in fact be spot on. Many ideas are being tried, some will become legendary, and others will fall away.

Designed in the 1920's. Double overhead cam, 4 valve, smooth flowing parts and competitive power, even today. The supercharged version would push a non sleek car to 140MPH.

 

[Ws6]

Except owner says the insurance company will claw back their costs by doubling his premiums for next 10 years.

So not quite whole.

No they won't. It's covered under comprehensive and won't go against him, same as when a rock hits your windshield from a semi. Depending on how the claim is worded.

 

[Ws6]

I like replaceable battery packs, and maybe GM has the right idea with replaceable modules (24 modules on the Hummer EV). (I have a feeling GM is going to need that feature). I am not a fan of body-integrated and non repairable, "potted" battery packs. The failure of one cell scraps the vehicle. The weight and cost savings is there, for sure. The benefit to the consumer is not. I don't want that risk.

I clearly remember grandpa and his friends, purchasing a new car every few years. Sure, cars back then had questionable longevity, and you never knew if the model you purchased would make 100K miles. Maybe it's time for that kind of thing again. Where an EV is purchased or maybe Leased new, replaced with new after 3 or 5 years. The financial hit of this will be doubly hard with EV's, but that's the way it goes....

I agree, which is part of why I went with H/K product. They also use SK Industries batteries, which I prefer to LG and others due to construction method and lack of issues in recent press.

 

[maggie06]

No they won't. It's covered under comprehensive and won't go against him, same as when a rock hits your windshield from a semi. Depending on how the claim is worded.

Well, i watched the interview with the owner and reported what he said. I know diddly about how their inner policies work.

 

[Owen Lucas]

The solution to this problem is mandating that all EVs adopt a universal replaceable and rebuildable battery module.

With electric and software protocols that are interoperable with all manufacturers.

If the EU can force Apple to switch to USB-C and make iPhone batteries replaceable, then it will be no problem for California to demand a universal EV battery.

 

[Ws6]

The solution to this problem is mandating that all EVs adopt a universal replaceable and rebuildable battery module.

With electric and software protocols that are interoperable with all manufacturers.

If the EU can force Apple to switch to USB-C and make iPhone batteries replaceable, then it will be no problem for California to demand a universal EV battery.

Agreed. We also need all ICE cars to adopt one engine. Which one should it be? Honda 2.0? Coyote 5.0? Diesel? B58?

 

[SubieRubyRoo]

https://www.msn.com/en-ca/news/cana...p&cvid=3fd935c0d0ba4d8d813e6aa550fee88d&ei=26

A Vancouver electric-car owner was shocked to learn earlier this fall that seemingly minor damage to his car’s battery required replacement of the unit and was quoted a $60,000 repair bill — more than the list price for a new car.

The owner was told the damage voided his warranty on the 2022 Hyundai Ioniq 5, forcing him to file a claim with ICBC, which simply wrote the car off due to the extraordinary cost.

Automotive journalists Zack and Andrea Spencer chronicled the case on their Motormouth YouTube channel and said the case raises big questions for EV manufacturers around replacement costs and repairability of batteries as Ottawa introduces new rules to speed up EV adoption.

“The story is, people are buying these cars not knowing what the actual cost of the most important component of the car is to replace,” Zack Spencer said.

In this case, the Ioniq 5’s battery cover plate on the bottom of the car was scratched and showed a small deformation, which indicated the battery had suffered an impact.

Andrea Spencer added that it poses a problem for the whole industry if manufacturers can’t bring battery costs down, because “we cannot be writing off electric vehicles because the battery is damaged and the price is much too high to repair the vehicle.”

“This is a wake-up call and it really is big news,” Andrea said.

How big an issue writing off damaged EVs over battery-replacement costs in B.C. is difficult to determine because ICBC, the provincial insurer, doesn’t track that information, said spokesman Greg Harper.

B.C. has one of the highest EV adoption rates in Canada, but the 81,415 light-duty vehicles on the road at the end of 2022 were still just three per cent of the province’s personal-vehicle fleet, according to ICBC.

Staff in the insurer’s claims operations report that “it is an extremely rare occurrence” for vehicles to be written off solely for damage to a battery, Harper said.

However, when the repair cost of damage to a vehicle exceeds its cash value, ICBC will deem the vehicle to be a total loss.

So pretty much, these are one-time purchases; after the car is deemed a total loss and the insurer may or may not pay out on the policy (since no accident or recordable damage occurred)… the “owner” will then likely be left in financial straits and be unable to finance another vehicle while paying off their totaled EV… meaning public transport is very likely in their near future.

Now, can you see why EVs are being so unnaturally forced onto everyone? It’s a central planner’s dream to eliminate private traffic from the roadways.

 

[SubieRubyRoo]

It's either warranty or insurance. The owner would be made whole either way in the end.

Insurance likely doesn't cover something like this: no recordable accident or covered damage. I know my insurance sure doesn’t give a dang if my battery is damaged; they’ll call it a wear or use part and send me packing.

My insurance won’t cover a penny of repairs if the phasers or timing chain tensioners fail in my EcoBoost, even though it’s a known problem and there are even TSB replacement letters (but not a full-blown recall as there should be). That’s even if every oil change had been done at 3k miles… Ford gives me the finger, and insurance turns their head and coughs. I can pay to fix it, or I can sell it off with a huge loss of value. Why would the EVs be different unless their rates were 6x+ what a gas car is, if they’re going to cover power train replacements?

 

[SubieRubyRoo]

Agreed. We also need all ICE cars to adopt one engine. Which one should it be? Honda 2.0? Coyote 5.0? Diesel? B58?

LS9

 

[Torrid]

Insurance likely doesn't cover something like this: no recordable accident or covered damage. I know my insurance sure doesn’t give a dang if my battery is damaged; they’ll call it a wear or use part and send me packing.

My insurance won’t cover a penny of repairs if the phasers or timing chain tensioners fail in my EcoBoost, even though it’s a known problem and there are even TSB replacement letters (but not a full-blown recall as there should be). That’s even if every oil change had been done at 3k miles… Ford gives me the finger, and insurance turns their head and coughs. I can pay to fix it, or I can sell it off with a huge loss of value. Why would the EVs be different unless their rates were 6x+ what a gas car is, if they’re going to cover power train replacements?

The invoice shows damage. Sounds like insurance to me.

 

[andrew_j]

Reminds me of early CVT adopters where fix was never repair transmission but instead buy a rebuild or replacement….

No offense WS6 this is HK first pass at EVs and they will sort out these issues if real and have excessive issues. I think car insurers will get data quick and price the EV insurance accordingly for collision and comprehensive claims. EV should pay much higher as they are not as repairable yet.

 

[demarpaint]

Insurance likely doesn't cover something like this: no recordable accident or covered damage. I know my insurance sure doesn’t give a dang if my battery is damaged; they’ll call it a wear or use part and send me packing.

My insurance won’t cover a penny of repairs if the phasers or timing chain tensioners fail in my EcoBoost, even though it’s a known problem and there are even TSB replacement letters (but not a full-blown recall as there should be). That’s even if every oil change had been done at 3k miles… Ford gives me the finger, and insurance turns their head and coughs. I can pay to fix it, or I can sell it off with a huge loss of value. Why would the EVs be different unless their rates were 6x+ what a gas car is, if they’re going to cover power train replacements?

I'm wondering if/when the insurance companies decide to spread the higher cost of the insurance for EV's over to ICE owners. I mean why not? They sure as hell aren't going to lose money, and if I owned an EV I'd love sharing that cost with my ICE buddies. I believe they're already doing so, but haven't bothered to look into it. That would suck, and piss this old timer off. lol

 

[97K15004WD]

I'm wondering if/when the insurance companies decide to spread the higher cost of the insurance for EV's over to ICE owners. I mean why not? They sure as hell aren't going to lose money, and if I owned an EV I'd love sharing that cost with my ICE buddies. I believe they're already doing so, but haven't bothered to look into it. That would suck, and piss this old timer off. lol

Ahh, not a problem for us BITOG folk. We drive old cars and only carry liability insurance.

No sharing that cost with me! (sarcasm)

 

[demarpaint]

Ahh, not a problem for us BITOG folk. We drive old cars and only carry liability insurance.

No sharing that cost with me! (sarcasm)

Insurance companies are pretty creative, hopefully they aren't slipping in added costs to liability only holders through the back door. Happy New Year!!!