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Add controversy regarding battery replacement pricing
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Hyundai has also been accused of selling customer's telemetry data to third-party [[Verisk]] which then performed risk assessments and generated reports that insurance companies purchased for drivers.
Hyundai has also been accused of selling customer's telemetry data to third-party [[Verisk]] which then performed risk assessments and generated reports that insurance companies purchased for drivers.


== Consumer Protection and Right to Repair ==
Hyundai customers were quoted $56,000 CAD<ref>[https://www.youtube.com/watch?v=EEXieo06ta8 $60,000 to replace battery // 2nd IONIQ 5 case confirms battery price!]</ref> for a new battery pack plus labor cost. This figure has sparked controversy, as it effectively makes replacement economically unfeasible. 
Hyundai tried to blame the misquote on one "independent" dealer, despite the fact that multiple sources have confirmed identical pricing across authorized dealerships.<ref>[https://www.youtube.com/watch?v=unPVf0sqAKI Hyundai, Why Does an Ioniq Battery Cost $60,000?]</ref>
[[Category:Car manufacturers]]
[[Category:Car manufacturers]]

Revision as of 20:54, 22 February 2025

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Hyundai
Basic information
Founded 1967
Legal structure Public
Industry Automotive
Official website https://hyundai.com/


Hyundai Motor Company, commonly referred to as Hyundai, is a South Korean multinational automotive manufacturer headquartered in Seoul. Founded in 1967 by Chung Ju-yung, Hyundai is one of the largest car manufacturers in the world, producing a wide range of vehicles, including sedans, SUVs, trucks, and electric vehicles.

Hyundai has also been accused of selling customer's telemetry data to third-party Verisk which then performed risk assessments and generated reports that insurance companies purchased for drivers.

Consumer Protection and Right to Repair

Hyundai customers were quoted $56,000 CAD[1] for a new battery pack plus labor cost. This figure has sparked controversy, as it effectively makes replacement economically unfeasible.

Hyundai tried to blame the misquote on one "independent" dealer, despite the fact that multiple sources have confirmed identical pricing across authorized dealerships.[2]