$60,000 TO REPLACE BATTERY. THE BATTERY COSTS MORE THAN A BRAND NEW CAR!

EV Channels Review

This video from Motormouth details a concerning incident involving a 2022 Hyundai IONIQ 5 Long Range RWD. The owner, Kyle, was quoted over $60,000 CAD to replace the vehicle's battery after a minor scratch on the battery protection cover led the dealership to void the warranty and deem the battery impacted. This quote exceeded the car's original purchase price, prompting Kyle to file an insurance claim, resulting in the vehicle being written off. The review highlights the lack of a thorough battery inspection by the dealership, which simply concluded the battery was impacted due to a widened gap between the cover and the battery. Hyundai Canada has since stated that such cases should be escalated to their customer experience team for assessment, acknowledging that battery replacement costs are a significant challenge for the industry. While Hyundai Canada offered Kyle a discount on a new vehicle, he expressed hesitation due to the experience. The video serves as a cautionary tale about the potential high costs of EV battery replacement and the importance of understanding warranty terms.