EV Fires: A Disaster for Automakers, But an Opportunity for Material Suppliers, Reveals IDTechEx
Summary
GM arent the only ones in hot water; Hyundai revised their operating profits after they had to recall around 82,000 EVs (mostly Konas but also IONIQs and Elec City buses) due to battery fire risks. While OEMs and governments are setting out bold electrification targets for the automotive industry, these high-profile recalls and fires do little to instill confidence for potential consumers making the shift to EVs. Analysis from various sources such as Pinfa (Phosphorous, Inorganic and Nitrogen Flame Retardants Association) actually shows that fires in EVs are less common than those in traditional combustion vehicles. Pack-level fire protection solutions in the EV industry to date include ceramic blankets, aerogels, and fire-resistant coatings, all of which have benefits and trade-offs between melting temperature, thickness, weight, and cost. IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.
Classifications
AskAI Classifications
LabelsLinked Companies
