Porsche's Brake Issue Alert - Reportedly Recalls 17,278 Taycan EVs in China
Portfolio Pulse from Nabaparna Bhattacharya
Porsche is recalling 17,278 Taycan EVs in China due to brake issues, marking the second recall in a year. The recall, starting on August 31, 2024, addresses potential cracks in front brake hoses that could lead to brake fluid leakage and increased crash risk. Porsche will replace the affected parts free of charge.
July 05, 2024 | 3:30 pm
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Porsche is recalling 17,278 Taycan EVs in China due to brake issues, marking the second recall in a year. The recall addresses potential cracks in front brake hoses that could lead to brake fluid leakage and increased crash risk.
The recall of 17,278 Taycan EVs due to brake issues is significant as it marks the second recall in a year, potentially affecting investor confidence and short-term stock performance. The safety concerns and the high cost of the Taycan model add to the negative impact.
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