2 chapters across the catalog
Felicity Ace Cargo Ship Fire and Porsche Losses
A cargo ship carrying thousands of luxury vehicles, including 1,100 Porsches, caught fire in the Atlantic Ocean. While the cause is unconfirmed, speculation centers on the potential for electric vehicle battery thermal runaway to have fueled the $330 million loss.
The cargo ship Felicity Ace caught fire in the Atlantic Ocean while transporting 4,000 luxury vehicles, including 1,100 Porsches and various Bentleys and Lamborghinis. Officials suspect lithium-ion batteries in electric vehicles caused a "thermal runaway" event. The incident highlights the fire hazards of EVs and the ongoing global microchip shortage affecting heated seat availability in new cars.
