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80K+ Kias recalled over airbag, seat belt concerns

80K+ Kias recalled over airbag, seat belt concerns

Yahoo27-01-2025

Automaker Kia is recalling more than 80,000 vehicles due to floor wiring that can impact airbag deployment and seat belts from working properly.
According to documents published by the National Highway Traffic Safety Administration (NHTSA), the recall will cover 2023-25 Niro EVs, Niro Plug-in Hybrid, and Niro Hybrid vehicles. It impacts 80,255 vehicles.
If the floor wiring becomes damaged, it can also cause the side curtain air bag to deploy unintentionally.
Dealers will inspect and replace the floor wiring free of cost. They will also install additional protective coverings to prevent future damage to the wires.
The impacted owners will be notified by letters mailed out in March.
Last November, Hyundai and Kia announced more than 200,000 recalls on electric vehicles due to loss of drive power, increasing the risk of a crash.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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At this stage, none of the MOUs include commitments to invest capital, share revenues, or otherwise undertake joint financial obligations between the parties. Pursuant to the MOUs, the Company agreed to deliver a prototype display on the specifications provided by each party to demonstrate the application to their stakeholders, research teams, and customers. Based on that feedback, each party and the Company will enter into an agreement specifying the number of units to be produced and the commercial terms relating thereto. Accordingly, key commercial terms such as pricing, delivery schedules, quantities, and other critical elements are still under negotiation and have not been finalized between the Company and each party. Hong Kong SubsidiaryOn February 18, 2025, the Company announced the establishment of a wholly-owned subsidiary, Metavista3D Asia Limited, in Hong Kong. The Company wishes to clarify that, while the establishment of its Hong Kong subsidiary is an important strategic initiative, the project remains in the early planning and development phase. The Company is currently in discussions with various stakeholders to determine the optimal operational and organizational structure for its presence in Asia. Accordingly, the Company has not finalized decisions regarding team composition, roles, or leadership. The office is not yet operational and is not expected to be fully functional until the end of 2025. The Company has not finalized a budget or financial projections, and to date, no material expenditures have been incurred. The funding requirements for the company will be assessed once the operational plan is established. About Metavista3DMetavista3D Inc., through its wholly owned subsidiary psHolix AG, is developing AI-driven, pseudo-holographic display technologies aimed at enabling glasses-free 3D visualization of spatial content. The Company holds a portfolio of over 20 patents related to this technology. For more information, visit Metavista3D's shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T. ON BEHALF OF THE BOARD OF DIRECTORSJeffrey Carlson CEOE: jeff@ (702) 518-3220 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. Notice Regarding Forward-Looking Information:This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the Company's business, assets or investments, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those expressed or implied in such forward-looking statements. These forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law. Investors are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at SOURCE: Metavista3D Inc. View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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