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Hyundai Motor and LG Energy Solution agrees on cost of recall EV worth KRW 1.4 trillion

On the 4th, Hyundai Motor Company and LG Chem announced that the total cost for recalling the Kona EV and Ioniq cars sold in South Korea, the U.S. and Europe was about KRW1.4 trillion covering 81,700 vehicles, of which Hyundai Motors has agreed to share KRW420 billion and LG Energy Solution about KRW980 billion.
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