Hyundai announced that it is shutting down its internal combustion engine development team as the automaker focuses on electric cars.
For 40 years the Korean automaker has been developing internal combustion engines to use in its vehicle lineup, but no more.
The Korea Economic Daily reports that Hyundai’s new R&D chief Park Chung-kook confirmed in an email to employees that they are shutting down new engine development:
What a challenge COVID-19 has had on our global supply chains, exposing vulnerabilities in production capacity, shipping logistics and in particular last mile enablements. According to a recent report of Technavio, the last mile delivery market will grow to USD $14.96B from 2021 to 2025, with a CAGR of 15.06%. Also according to tier one market research firm, Gartner Group, by 2023, 50% of leading global enterprises will have invested in real-time transportation visibility solutions.
Last mile delivery is defined as the transportation of goods and services from a distribution hub to the final customer destination, within a reasonable time at an affordable rate and in mint condition. Supply chain focus on the last mile has significantly become top of mind given the COVID-19 global pandemic, as organizations have had to refresh/rethink their conveyance systems and develop new creative strategies to build more proficient conveyance intelligence.
In times of unprecedented challenges, especially in the past two years, companies are accelerating their investments in robotics, trade channel expansion, laser precision targeted product and supply chains, and last mile intelligence systems.
With the future of transportation for cars all set to be electric, all eyes are now on how the bigger haul vehicles will make their transition. While the biggest hurdle to overcome still remains the range of these vehicles, with automation also making progress, the designs of these trucks are also set for a change.
With their Atlantis, designers Dolzhenko and Voronezhstev imagine a future where these semi-trucks have reached Level 5 automation, where vehicles are completely autonomous and require no human intervention at all. In contrast, even as it is labeled ‘Full Self Driving’, Tesla is inching closer to a Level 3 automation 0, even as it aims to achieve a Level 4 someday.
It’s made for high speeds and for showing off!
In the past, we have brought you Lazzarini Design Studio’s mega yacht concept, Prodigium. The King of the Seas, as it’s also known, was shaped like a giant shark and spanned a whopping 501 feet (153 meters) long.
Inspired by Roman architecture, Prodigium was equipped with Roman statues and two columns that supported its upper deck, an impressive and unique design. Now, the same studio that brought you this marvel of the seas has produced a superbike concept called Hypercycle that is bound to grab your attention.
The new motorcycle is red, grey, white, and gold, making it fit to be a transformer, and it is also shapeshifting. It boasts an extendable rear wheel section with an independent horizontally aligned wishbone suspension.
This means it can be stretched out to seem longer. Lazzarini does not cite any specifications so we don’t know how much longer it becomes but they do provide a cool image that showcases the bike’s shape.
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The French company Moonbike is preparing to bring its fun-looking snow transporter to the US, just in time for winter riding.
The Moonbike may have “bike” in its name, though it’s hard to call it a true snow bike.
But don’t let that rear track fool you. It’s not really a traditional snowmobile either, in that it rides on a single forward ski instead of two.
The modern electric vehicle renaissance has been hampered from day one by the physical limitations imposed by the current state of battery technology. Inefficiencies in the form of heavy battery packs and low power densities have long limited not just the range and performance of EVs but the very forms they can take — there’s a reason Tesla started with a Roadster and not a Cybertruck. But steady advancements in power systems over the past few years — alongside skyrocketing demand for larger, electrified vehicles which cater to the US market — has led to a watershed moment in 2021: the emergence of EV pickups and SUVs.
Yes, we all know the Model X exists and Tesla “did it first” — spare me your tweets — however, the sheer number and variety of new, pure EV pickup and SUV models either ready to hit the showroom floor or in active development is staggering compared to just a few years ago. Let’s take a look at some of this year’s standouts.
GM is betting big on its proprietary Ultium battery technology, investing $35 billion in self-driving and EV technologies through 2025. The company has also announced that it intends to sell 30 EV models by the end of 2025 and EVs exclusively after 2035 with the 1,000 horsepower GMC Hummer EV serving as its vanguard offering.
Tesla confirmed that it will shut down “passenger play,” which allows for playing video games on the center screen of its vehicles while driving. The change comes after NHTSA announced that it is opening an official probe into the situation.
Tesla has recently been putting more work toward video games inside its vehicles with the goal to “optimize fun” with its ownership experience.
Last year, we reported on Tesla building a new video game and user interface team in Austin, Texas. The goal is to build the platform, Tesla Arcade, and onboard as many video games as possible. Video games are primarily supposed to be used while parked and charging, but Tesla allows playing them while driving after a warning that the feature — called “passenger play” –should only be used by passengers.
In most cases, EVs have no problem outrunning gas cars at the strip, but this Audi is wildly potent. Can the Tesla Model 3 Performance prevail?
Experts are estimating the crisis will last till 2023.
There’s no denying that there is a global chip shortage. Last month, we reported how Japan had committed $5.2 billion (roughly 600 billion yen) toward providing support for semiconductor manufacturers in a bid to help solve the world’s ongoing chip shortage.
But is that enough? It seems not. During a recent earnings call, Micron CEO, Sanjay Mehrotra, told investors that it is clearly not.
“Across the PC industry, demand for DDR5 products is significantly exceeding supply due to non-memory component shortages impacting memory suppliers’ ability to build DDR5 modules. We expect these shortages to moderate through 2022, enabling bit shipments of DDR5 to grow to meaningful levels in the second half of calendar 2022,” said the CEO.
What does this mean for consumers? Cars are more expensive, computer makers are struggling to keep up with consumer demand, and many products have been severely delayed such as PlayStation 5 which is still impossible to order a year after its launch, according to Yahoo Finance.
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