MANY READERS WILL RECALL THE shocking scenes as the Felicity Ace car carrier burnt off the coast of Portugal in 2022.
The fire is alleged to have been ignited by a malfunctioning electric vehicle, and led to the Felicity Ace sinking in the Atlantic Ocean on March 2, with the loss of 3956 VW Group vehicles, including approximately 1100 new Porsches, 189 Bentleys and several Lamborghinis.
Now Volkswagen is being sued by both the owners and insurers of the Felicity Ace. In a report published by Bloomberg, the fire originated in a lithium-ion battery of a Porsche model and that VW failed to inform the owners and insurers of the danger and necessary precautions necessary to transport such vehicles.
Reports suggest that the overall loss could be as high as $US438 million ($AU667 million).
Insurer Allianz has cited the fire risk posed by electric vehicles and claimed fires are one of the main causes of maritime insurance claims.