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Hyundai Allegedly Closes Its Combustion Engine Development Center
motor1 via msn ^ | 27 December 2021 | Christopher Smith

Posted on 12/27/2021 10:32:18 PM PST by blueplum

The current crop of engines will apparently be Hyundai's final fuel burners.

The electric push is on as manufacturers race to position themselves for an EV future. Many companies have made verbal commitments to going all-electric, but Hyundai could be taking a bold step by ending the development of future internal combustion engines right now.

That's the word in a report from Business Korea. In an article that dropped just before Christmas, the report claims Hyundai Motor Group officially cut its engine development department at the company's Namyang Research Institute south of Seoul. The report also states the automaker's powertrain group was reorganized into an electrification development team, and that a battery development group....

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: automotive; combustionengines; electric; epa; hyundai; painatthepump; waronoil
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To: Houserino

100,000 is nothing. I did that in just over 2 1/2 years in my company owned F-150.

I’ve bought cars with 150,000 miles. One of them lasted till 350,000. The most expensive repair was a serpentine belt and a wheel bearing.

Not a $20,000 battery.


101 posted on 12/28/2021 6:58:26 AM PST by cyclotic (I won't give up my FREEDOM for your FEAR)
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To: mund1011

You left out unicorn farts.


102 posted on 12/28/2021 7:00:05 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Houserino

ocrp1982 gave an accurate assessment of the totalitarian agenda unfolding before our eyes.


103 posted on 12/28/2021 7:00:53 AM PST by gitmo (If your theology doesn't become your biography, what good is it?)
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To: SamAdams76
re: "People who argue that EVs cannot ever achieve dominance over combustion engines "

Well, they assume a battery will be involved as the power source, and that's not going to cut it. Straight-line projections into the future RARELY work out.

This, however, is the future:

Brilliant Light Power, BrLP Motive car market launch


104 posted on 12/28/2021 7:01:08 AM PST by _Jim (Save babies)
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To: SamAdams76

Ok, so what minerals are going to go into those batteries, and who controls those minerals, China? Ok great, we’re no longer beholden to the Arabs for oil, but now we be beholden to someone else so we can produce all of those batteries we’re going to need.


105 posted on 12/28/2021 7:04:01 AM PST by dfwgator (Endut! Hoch Hech!)
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To: blueplum

Committing industrial suicide. 😆


106 posted on 12/28/2021 7:05:01 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Houserino
We’re at the birth of this new tech still. It’ll eventually outlast and outpower (already does outpower) ICE.

Why would people want to give up the existing technology short of totalitarian force?

107 posted on 12/28/2021 7:05:05 AM PST by gitmo (If your theology doesn't become your biography, what good is it?)
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To: Houserino
I’m hoping it’ll be a free market movement to EVs. So far it seems to be.

Free Market?

New York (CNN Business)Tesla posted its first full year of net income in 2020 -- but not because of sales to its customers.

Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can't, the automakers have to buy regulatory credits from another automaker that meets those requirements -- such as Tesla, which exclusively sells electric cars.

It's a lucrative business for Tesla -- bringing in $3.3 billion over the course of the last five years, nearly half of that in 2020 alone. The $1.6 billion in regulatory credits it received last year far outweighed Tesla's net income of $721 million -- meaning Tesla would have otherwise posted a net loss in 2020.

"These guys are losing money selling cars. They're making money selling credits. And the credits are going away," said Gordon Johnson of GLJ Research and one of the biggest bears on Tesla (TSLA) shares.

108 posted on 12/28/2021 7:05:21 AM PST by 1Old Pro (Let's make crime illegal again!)
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To: _Jim
I thought this was the future...


109 posted on 12/28/2021 7:05:54 AM PST by dfwgator (Endut! Hoch Hech!)
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To: central_va

Yes, this is one solution to a non-problem:

https://www.youtube.com/watch?v=VZNHZnyxCm8

With exposed rails carrying hundreds of volts, what could possibly go wrong?

The other solution to the same non-problem:

https://www.youtube.com/watch?v=Bzth2ItEAbA


110 posted on 12/28/2021 7:06:41 AM PST by Fresh Wind (Der impfstoff macht frei. The vaccine will make you free. Your papers, please.)
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To: gitmo

Do you still use a 286 computer? Does basically the same thing as the latest ones.


111 posted on 12/28/2021 7:07:54 AM PST by Houserino
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To: dfwgator

re: “I thought this was the future...”

That tech is a little further off ... (LOL)


112 posted on 12/28/2021 7:08:00 AM PST by _Jim (Save babies)
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To: Houserino
Do you still use a 286 computer? Does basically the same thing as the latest ones.

LOL, good luck trying to run most software on a 286. Again, will an EV make you go any faster than a current automobile? Can you drive on different roads? It's exactly the same experience.

113 posted on 12/28/2021 7:09:36 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Houserino

EV’s are a niche market. They are not the car of the future. More likely hydrogen is as soon as they can figure out how to make the hydrogen cells so your not sitting in a bomb on wheels.


114 posted on 12/28/2021 7:10:30 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2
They are not the car of the future.

EVs are the car of the future.......and always will be.

115 posted on 12/28/2021 7:12:51 AM PST by dfwgator (Endut! Hoch Hech!)
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To: dfwgator

Yeh, like bitcoin is the currency of the future. Do yourself a favor and don’t put your savings in either one.


116 posted on 12/28/2021 7:15:53 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Lazamataz

I love the way everyone wants to make “future” for everyone else, or at least predict it. Meanwhile nobody wants or can afford this shit. It’s not even good for then environment. It’s only good for China, and other assorted communist trash.

I’ll just keep driving race cars, and most of the world will just keep using gas. Not everyone is so rich and dumb as Americans and FReepers.

Fk everyone’s bright ideas and their make-believe future golf carts.


117 posted on 12/28/2021 7:18:06 AM PST by AAABEST (NY/DC/LA media/political/military industrial complex DELENDA EST)
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To: Houserino

Floppy disks were replaced by better products. They were not outlawed by government decree.


118 posted on 12/28/2021 7:23:33 AM PST by Repealthe17thAmendment
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To: Georgia Girl 2

EV’s are a niche market.

*********

Look at the niche market since 1492 when Colombus sailed the
ocean blue. Things change over time and will with the automotive
industry. We will not live long enough to see it but that’s live. JMO


119 posted on 12/28/2021 7:25:05 AM PST by deport
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To: blueplum

It makes the old saw when seeing somebody broken down by the side of the road yelling, “Get a horse!” seem prophetic.


120 posted on 12/28/2021 7:25:13 AM PST by Gritty (We're never gonna know how safe the vaccine is (for kids) until we start giving it-DrRuben,FDA Panel)
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