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Hyundai profit hit after Kona EV recall, but LG Chem seen bearing bulk of costs Reuters Hyundai is recalling EVs including the Kona to replace battery packs. SEOUL A large global recall of mostly Kona electric crossovers has led Hyundai Motor Group to sharply revise down fourth-quarter operating profit, although reports said battery maker LG Chem would bear the bulk of the costs. LG will assume 70 percent of the estimated $900 million costs to replace battery systems in about 82,000 Kona vehicles globally, according to Yonhap news agency and other South Korean media. But Cho Hyun-ryul, an analyst at Samsung Securities, said he estimated LG s burden was slightly lower at 62 percent of the costs. ....