This time, electric motors and not chip shortages are the cause.
This shortage will also impact other automakers.
Although specifically related to the Global pandemic, another parts shortage is affecting new vehicle production. In this case, the instant-hit that is the all-new all-electric Ioniq 5 SUV will be a victim. Production delays will be caused by a lack of electric motors.
Most of the production setbacks reported globally are due to microchip shortages. In this case, it’s Hyundai Mobis, an auto parts affiliate of Hyundai Motor, who failed to manufacture enough electric motors for the model, according to Korea JoongAng Daily.
There are no details as to why Hyundai Mobis was unable to deliver enough electric motors however the impact is real: only 2,600 of the planned 10,000 Ioniq 5 vehicles will be assembled in April. As well, the source story reports that the production delay will impact other suppliers. We’re assuming that this refers to both Kia and Genesis which also have new EVs on the way.
The Ioniq 5 is the first EV from the Ioniq family from Hyundai that’s been released. Shortly after its debut, orders for the new E-GMP-based electric crossover came pouring in. Its arrival was planned for later this year in North America but we don’t know if this will impact that timeline.