This WSJ article speaks to the recent prevalence of EV

New Post Public Reply Private Reply Replies (0) Message Board
supernova23
263
This WSJ article speaks to the recent prevalence of EV battery fire risk auto makers are dealing with, forcing recalls.

https://www.wsj.com/articles/auto-makers-grap...1603099800


Auto Makers Grapple With Battery-Fire Risks in Electric Vehicles


By Ben Foldy Oct. 19, 2020 5:30 am ET

Auto makers are confronting a new challenge in their race to sell more electric cars: battery-related fires leading to vehicle recalls and safety probes.

U.S. safety regulators this month opened a probe into more than 77,000 electric Chevy Bolts made by General Motors Co. after two owners complained of fires that appeared to have begun under the back seat, where the battery is located.

Ford Motor Co. said last week it is delaying the U.S. introduction of its Escape plug-in hybrid after fire concerns surfaced this summer in similar vehicles sold in Europe.

Also, in recent weeks, Hyundai Motor Co. and BMW AG have initiated world-wide recalls to address problems with battery fires in plug-in models.

GM, Ford and Hyundai said that they are still investigating the fires’ causes and looking into possible remedies, and that safety is their primary concern. BMW said that most of the cars affected hadn’t yet been sold to customers.

One Chevy Bolt fire resulted in a smoke-inhalation injury, safety regulators say. The other three car companies say they have had no injuries.

Researchers have said the risks of fire in an electric vehicle are comparable to those of gas-powered cars. Additionally, analysts say these kinds of battery-related fires are relatively rare, with an uptick to be expected from the growing numbers of battery-powered cars on the road.

Still, the incidents illustrate the hurdles auto manufacturers face with electric technology, particularly in managing energy-dense and flammable lithium-ion batteries that have previously caused fires in laptops, tablets and other applications.

Global car companies are racing to increase their electric-vehicle offerings in the midst of tougher regulations that aim to reduce greenhouse-gas emissions from transportation. Ford has said its recall means the company must join with another auto maker to avoid fines in Europe this year.

To meet the more-stringent requirements, the auto industry has placed big bets on an electrified future, committing roughly $200 billion to electrification over the next four years, according to consulting firm AlixPartners LLP.

The lithium-ion batteries in electric cars are similar to those found in consumer electronics, which store large amounts of energy relative to their size. But to power an automobile, there needs to be more of them, and the demands are higher, creating a unique risk.

“When they do fail, they bring a lot more to the party, so to speak,” said Nick Warner, principal at Energy Storage Response Group LLC, an energy safety and testing firm in Columbus, Ohio.

While fires can occur after crashes, many of the recent incidents are notable for involving electric vehicles that were parked when the fire broke out.

For instance, one Chevy Bolt owner told federal regulators the vehicle was plugged into a charger in the driveway when the blaze started, according to the complaint posted to the National Highway Traffic Safety Administration’s website. NHTSA investigators received another complaint from a second owner and found a third Chevy Bolt in an insurance auction lot with a similar burn pattern.

GM said that it is cooperating with the probe, which covers 2017 to 2020 model-year Bolts, and that safety is its highest priority. The company and its supplier have together put more than 2,500 hours into safety tests of the Bolt’s battery, a spokesman said.

Hyundai is in the process of recalling about 77,000 electric Kona SUVs globally after about a dozen battery-related fires, including one in a residential garage in Montreal, the company said.

Additionally, BMW said fire risks related to a quality issue at its battery supplier have led it to recall about 27,000 plug-in hybrids globally.

In Europe, Ford this summer recalled roughly 20,500 plug-in hybrid SUVs and warned owners not to charge their vehicles after reports of seven fires. The auto maker said the batteries can overheat and vent hot gases, which can then cause other parts of the vehicle to ignite. Ford has now delayed the launch of a similar plug-in hybrid Escape in the U.S. into next year.

Hyundai, Ford and BMW believe the issues are related to manufacturing defects from their battery suppliers, company spokespersons said.

NHTSA, in a statement, said the agency has launched multiple investigations into the potential safety issues related to fires involving electric-vehicle batteries based on data it collects. The agency also funds targeted research on advanced-battery technology and participates in developing global technical regulations.

A report the agency commissioned in 2017 said that as battery technology matures, safety risks may also increase, as manufacturers try to maximize their performance. The report concluded, however, that the risks of battery fires are likely comparable to or slightly fewer than in gas-powered cars.

At Tesla’s ‘Battery Day’ event, Elon Musk outlined plans for a $25,000 electric vehicle using cheaper, more-powerful batteries. The company aims eventually to produce 20 million electric cars a year—potentially becoming the world’s largest auto maker.

Still, electric-vehicle fires are a major topic in the battery industry. Analysts say the threat of more fires looms as auto makers face pressure to lower the costs of electric vehicles, pack more energy-dense batteries into them and ramp up production.

The auto industry is focused on both bringing down emissions and ensuring safety, said John Bozzella, president of the Alliance for Automotive Innovation, the auto industry’s main U.S. trade group.

In most cases, the issues are related to quality problems in the manufacturing process or a failure to manage the battery’s heat or electrical energy properly, Mr. Warner said. “It could be as simple as a zero instead of a one in a line of software,” he said.

Mr. Warner and others in the battery industry, however, said the challenges car companies face are similar to those experienced by Sony Corp., Boeing Co. and others that have encountered setbacks with lithium-ion batteries in their products. Eventually, the kinks were worked out, and the technology has since become a dominant power source, Mr. Warner said.

KULR Technology Group, Inc. (KULR) Stock Research Links

KULR Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Orthopedic Expert Highlighting Midwest Pain Access Gaps

Updated Category News Views 5

Over in the vast sprawl of rolling plains and prairie winds, folks in the Upper Midwest are grappling with an ironic reality. As technological advancements blaze trails, people suffering from vertebrogenic pain are finding themselves up against a wall of limited access to specialized care. We’ve got Dr. James T. Brunz, the man of the hour, one of only about 15 Intracept...

Continue Reading
CSS Revamps Identity, Emphasizing Senior Living Tech

Updated Category News Views 5

CSS Takes a Bold Step with a Fresh Brand Identity Every now and then, you see a company shake off the old coat and put on a polished new one. That's what CSS is doing with its updated brand, staking its claim as a heavyweight tech player in the senior living sector. No small feat, given the challenges stacked against these aging communities—tasked with keeping...

Continue Reading
Lumicell Expands LumiSystem in Breast Cancer Surgery

Updated Category News Views 7

Innovation in Breast Cancer Surgery: A Real-World Game Changer? You’ve got your flashlight guiding a scared child through the dark, and in the healthcare world, Lumicell is promising to do just that for surgeons navigating the tricky maze of breast cancer surgery. Their LumiSystem is making waves in breast-conserving surgery—new kid on the block with a real chance at...

Continue Reading
BMAP Expands: Bridging Borders in Legal Advocacy

Updated Category News Views 5

Breaking Down BMAP's Unique Approach Just when you thought you've seen it all, along comes LMU Loyola Law School swinging the doors wide open with their Binational Migrant Advocacy Project, or as we’re affectionately calling it, BMAP. It's a mouthful, sure, but ain't it something? This project isn't just another feather in academia's cap—it's a relentless counterpunch...

Continue Reading
FC2 Condom Educates NYC on Health and Wellness

Updated Category News Views 9

Union Square Becomes a Hub of Interactivity The heart of NYC pulsed with purpose as FC2 Female Condom set up shop in Union Square, using the iconic location as a stage for a different kind of celebration. Clear Future, the manufacturer behind FC2, marked Global Female Condom Day with an event unlike any other. It wasn't just about the product—it was a call to educate...

Continue Reading
Citrine Finalizes Sale of Illinois Senior Living Asset

Updated Category News Views 7

Citrine's Strategic Exit from River Glen Every now and then, you see a company pull off something that makes you nod and say, "That was smart." Citrine Investment Group's sale of River Glen of St. Charles fits that bill. For those keeping tabs, this wasn't some quick flip—Citrine worked on the rock for a good while before cashing in. They secured River Glen back in...

Continue Reading
Paula's Choice Elevates Skincare Game with New Campaign

Updated Category News Views 6

Strategy Meets Skincare: Paula's Choice in the Spotlight Catch this: Paula's Choice just dropped a moisturizer, but it ain't just lotion. No, the Pro-Collagen Peptide Plumping Intensive Moisturizer is here with a punch. And they've got Hannah Waddingham, of 'Ted Lasso' fame, fronting a campaign that screams confidence. Now, that's a way to announce your move at the...

Continue Reading
Feeding Families Foundation Gains $121,500 for NYC Push

Updated Category News Views 5

Holy smokes, here comes some good news in the nonprofit corners! Feeding Families Foundation just got a hefty $121,500 boost from the Association of Contracting Plumbers of the City of New York Inc. This ain't just some pocket change; it's a full-fledged lifeline that helps them keep on delivering meals to parents who are practically living at their kid’s hospital...

Continue Reading
Perk's U.S. Expansion: A Bold Move in Spend Control

Updated Category News Views 7

Perk Aims for U.S. Growth: Will It Pay Off? Amidst the cacophony of market chatter, Perk's announcement to bring its spend platform stateside is echoing louder than usual. This move is not just another step in its expansion but rather a leap considering the competition and market needs. In Europe, where they've already captured a chunk of the market with their Travel and...

Continue Reading
TGI Fridays Unveils New 3 For All Menu Options

Updated Category News Views 8

Hedging Bets on New Dining Strategies Oh, the restaurant battlefield—where one day you're the toast of the town, and the next, you're hustling to keep those seats filled. TGI Fridays, a name as synonymous with casual eats as long as I’ve been in this game, is rolling the dice with a new offering dubbed '3 For All.' Doesn't sound like your average meal deal either....

Continue Reading

Top 5 Most Recently Viewed Articles

Bank of America Announces Preferred Stock Dividend Dates

Updated Category News Views 116

Bank of America Preferred Stock Dividends for Early 2026 Bank of America Corporation has made an important announcement regarding its preferred stock dividends for early 2026. The Board of Directors approved cash dividends that will be distributed on various series of preferred stocks. This initiative showcases the company's commitment to providing value to its investors...

Continue Reading
Healthy Smart Mart™ Launches Game-Changing Program for Entrepreneurs

Updated Category News Views 193

Healthy Smart Mart™ Launches Innovative Program For many aspiring entrepreneurs, the journey toward owning a business often faces a daunting challenge: securing the necessary startup capital. The micro market industry, which aims to transform workplace break rooms into convenient self-service stores, offers significant potential for success. However, the initial costs...

Continue Reading
Discover the Luxury of the Mercedes-Benz EQS: Test Drive Today

Updated Category News Views 189

Experience the Mercedes-Benz EQS Test Drive at Arrowhead Drivers have a wonderful opportunity to immerse themselves in the world of electric luxury with the EQS at Mercedes-Benz of Arrowhead. This dealership is dedicated to providing an exceptional test drive experience, allowing potential buyers to see why this vehicle stands out in its class. With the surge in interest...

Continue Reading
The Rise of High-Yield Tobacco Stocks: Is Now the Time to Buy?

Updated Category News Views 54

Understanding Recent Trends in Tobacco Stocks The Federal Reserve has recently hinted at a change in its monetary policy, indicating that interest rate hikes may have peaked. The focus is now shifting towards possible cuts in interest rates. Since early 2022, the Federal Reserve has consistently increased the rates charged to banks, which has ultimately led to higher...

Continue Reading
STMicroelectronics Announces Q1 Financial Performance Update

Updated Category News Views 261

STMicroelectronics Reports First Quarter Financial Results STMicroelectronics N.V. (NYSE: STM), a prominent leader in the semiconductor industry, has unveiled its financial results for the first quarter of 2025. The results demonstrate the company's ongoing commitment to innovation and strategic adjustments amid challenging market conditions. Key Financial Highlights...

Continue Reading