How to avoid recall for electric vehicle?
The impact of Product Recalls on the Electric Vehicles and the Solutions for Assembly. Solutions for OEMs exists to ensure high quality tightening: Positionning system Camera, Data Analytics, Traceability.
Vehicle recalls by the manufacturers
The electric vehicles industry has witnessed a significant rise in recent years with governments around the world setting ambitious targets for reducing carbon emissions and promoting clean energy, more and more people are choosing electric cars as their preferred mode of transportation. However, as with any industry, the EV (electric vehicle) sector faces its own set of challenges. One such challenge is product recalls, which have become a major concern for OEMs and for Tiers Suppliers.
Challenges posed by Product Callbacks
Product recall check can be devastating for an OEM's and Tiers brand, and in the highly competitive EV market, it can easily lead to a loss of market share. This is not only a costly process, but it can also be devastating for the manufacturer's brand reputation. Callbacks can be initiated due to various reasons, such as faulty parts or engines randomly starting. For electric vehicles in particular, where fully charged batteries with high voltage pose a potential threat, callbacks can become an even greater concern.
In 2021, a leading battery maker agreed to pay a US automaker nearly $2 billion to cover the cost of a recall involving batteries in 141,000 electric cars. In China, close to a quarter of the total 199 recall events recorded last year were for NEVs (new energy vehicles).
For Hyundai, the recall will cost $900 million. Still, a recall costing more than $11,000 per vehicle is extremely rare.
According to Mike Held, a director in the automotive and industrial practice at AlixPartners, a global consulting firm, the average cost of an auto recall over the last 10 years was about $ 500 per vehicle. Source : Hyundai's recall of 82,000 electric cars is one of the most expensive in history | CNN Business.
"Overall, battery safety and durability will be increasingly important if auto companies want to avoid some of the large battery-recall costs that have befallen the consumer-electronics industry."
Mike Held
