i had the exact thing happen on my s-10. what happened is i had a crack in my + battery cable that welded itself to my frame.
every ground on the car caught on fire and melted. it blew.
just as an FYI, you need to get that white powder off your motor ASAP. (Im guessing you had a Class A extinguisher.) That stuff will eat metal and plastic alike. just hose it off.
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