Hyundai Motor Group Invests $18 Billion to Become Top 3 EV Manufacturer by 2030
Hyundai Motor Group Announces Investment Plans to Become Top 3 EV Manufacturer by 2030
Hyundai Motor Group has announced its goal to become one of the world’s top three EV manufacturers by 2030, with a combined sales target of Hyundai Motor, Kia, and Genesis electric models. The Group plans to invest KRW 24 trillion (approximately USD 18 billion) in the domestic EV industry through Hyundai Motor, Kia, and Hyundai MOBIS by 2030. The investment aims to upgrade Korea’s EV ecosystem and strengthen its role as a hub for driving innovation in the global automotive industry.
The Group plans to significantly expand the annual EV production in Korea to 1.51 million units and global volume to 3.64 million units by 2030. To enable such plans, Hyundai Motor and Kia, along with Hyundai MOBIS, plan to invest in the EV sector domestically. The investment will enhance integrated marketability across hardware and software, including diversification of dedicated platform product lineups, advancement of power electric (PE) systems that are key to EV performance, such as batteries and motors, and development of technologies to increase all-electric range (AER) on a single charge.
The companies will actively build a high-speed charging infrastructure to maximize charging convenience for EV customers and to continuously expand the charging network in Korea. The Group plans to sequentially develop dedicated platforms for each vehicle class under the Integrated Modular Architecture (IMA) system, including the ‘eM’ platform designed exclusively for passenger EVs, which will be introduced in 2025.
By 2030, Hyundai Motor Group will have a total lineup of 31 EV models, including models from Hyundai Motor, Kia, and luxury brand Genesis. The Group plans to enter the global top three based on the continuous investment. The Group also announced plans to significantly expand the annual EV production in Korea to 1.51 million units and global volume to 3.64 million units by 2030.
Last year, Hyundai Motor Group announced a new sustainable partnership program to strengthen the competitiveness of the Korean automotive industry and the future automotive era. The Group has also operated a program of KRW 5.2 trillion to better support suppliers on their profit and loss, liquidity, and competitiveness improvement measures.
The Group provides external management consulting to suppliers seeking to develop new future business strategies and discover new business growth engines while helping executives and employees of partner companies to develop future mobility capabilities through special training. Through these strategic investments, the Group plans to hone the Korean EV industry’s competitive edge to deliver unparalleled products and services that will drive the paradigm shift in the global mobility industry.
Premier Cleaning Brand, Bling Sauce, Announces Approval for Digital Screens by Major Electronics Manufacturers
PHOENIX, Feb. 23, 2023 /PRNewswire/ — Building on its reputation for world-class care & cleaning products that are specialty formulated for boats, RVs, powersports vehicles, snowmobiles, and more, Bling Sauce reveals its newest addition to the Bling power-cleaning lineup, Glass Treatment & Cleaner Kit.
Today’s Boats, RVs, Automobiles & other Powersport vehicles utilize electronic screens and displays to provide a world of information at your fingertips. But fingers are also loaded with oils, dirt, and microbes. Glass Sauce was designed to spray directly on the sensitive electronic screens and your windshield to remove dirt, grease, oils, spots, and germs while providing a clean, streak-free appearance. Glass Sauce goes a step further with an added polymer technology that bonds to the surface, resisting scratches and continuously helps repel water and oil residues. A must-have to ensure you can track the GPS in your boat or UTV, you don’t miss that huge fish on your fish finder and you can easily select your favorite songs in your car.
Premium features include:
- Cleans and protects glass longer
- Polymer technology helps repel water and oil residue
- Polymer bonds to surface to help resist scratching
- Ideal for electronic screens and displays
- Safe for all surfaces
- Tested & Approved by leading digital screen manufacturers.
Navico Group has tested and approved Bling Sauce’s Glass Sauce for cleaning their Digital screen displays. Lowrance®, Simrad®, B & G®, CZone® and MotorGuide® are part of this premier group of companies that supply the Marine, RV & Powersports markets.
In explaining the company’s continued commitment to this new product, Boat Bling, President & CEO Patrick Jones explains, “Our mission is about inspiring pride in ownership. There is no better way to do that than to develop a product that provides a solution to a growing problem, making it easy for our customers to clean after a day on the water with friends and family.”
Boat Bling, Inc has global distribution, recommendations from the leading OEM manufacturers, and being sold at over 6,000 retail outlets in 10 countries and on 4 continents including some of the biggest retailer names in the world, such as West Marine, Bass Pro, Cabela’s, Academy Sports, Overton’s, Walmart, and more. Everyone has a goal and a dream that they believe they can achieve, and on behalf of the entire team at Boat Bling, we are humbled, extremely grateful, and appreciative of the support and loyalty from you, our customers.
SOURCE Bling Sauce
Development of self-healing lens material to prevent traffic accidents in self-driving cars
– Preventing distortion of autonomous vehicle sensor signals by removing scratches in 60 seconds with sunlight – Published in the January issue of ACS Applied Materials & Interfaces
Newswise — Safety issues of self-driving cars have emerged due to frequent self-driving traffic accidents. A self-healing lens material that can prevent car accidents that occur due to signal distortion by restoring scratches on the sensor surface of the self-driving car has been developed.
The Korea Research Institute of Chemical Technology (KRICT, President Lee, Young Kuk) research team led by Dr. Kim Jin Chul, Park Young Il, and Jeong Ji-Eun* and Prof. Kim Hak-Rin and Prof. Cheong In Woo in Kyungpook National University (KNU) developed a material that heals scratches on the sensor of an autonomous vehicle.
* Technology from「Can scratches on car surfaces disappear when exposed to sunlight? : A new self-healing coating material」, published in 2022, has been further developed to enable not only structural recovery but also functional recovery such as recovery of an optical signal.
When this self-healing optical material is used in the sensor of an autonomous vehicle, it is expected that the life expectancy of the product can be increased and future technology that can prevent malfunctions due to surface damage can be secured.
A lens is a tool that collects or disperses light and is used in many everyday optical devices such as cameras, cell phones, and glasses. However, if the lens surface is damaged by a scratch, the image or optical signal received by the optical device can be severely distorted.
Recently, traffic accidents caused by recognition errors and malfunctions of vision systems* such as LiDAR sensors and image sensors of self-driving cars have repeatedly occurred. As a result, confidence in the safety of self-driving cars is rather low**.
* LIDAR sensors and image sensors that acts as the ‘eyes’ of an autonomous vehicle
** The results of a survey by the American Automobile Association showed that the number of respondents who were afraid of using self-driving cars increased by 13% from 55% in 2022 to 68% in 2023.
The KRICT-KNU joint research team developed a transparent lens material that can remove scratches on the sensor surface within 60 seconds when focused sunlight is irradiated using a simple tool such as a magnifying glass.
Because self-healing is favorable when molecular movement within the polymer is free, flexible materials are generally advantageous in securing excellent self-healing performance. However, lenses or protecting coating materials are made of hard materials, and thus it is very difficult to impart a self-healing function. To solve this problem, the research team combined a thiourethane structure, which is already being used as a lens material, and a transparent photothermal dye* to design a ‘dynamic chemical bond’ in which the polymers repeat disassembly and recombination under irradiation of sunlight.
* A dye that converts light energy into heat energy
In particular, the developed transparent organic photothermal dye can selectively absorb light of a specific near-infrared wavelength (850-1050 nm) without interfering with the visible light region (350-850 nm) used for image sensors and the near-infrared region (~1550 nm) used for LiDAR sensors.
When sunlight is absorbed by photothermal dyes, the surface temperature of the developed lens material rises as the light energy is converted into thermal energy. Subsequently, the increased surface temperature makes it possible to self-heal a surface scratch by repeating the dissociation and recombination of chemical bonds in the polythiourethane structure.
The developed lens material shows perfect self-healing even when scratches cross each other, and provides excellent resilience, maintaining 100% of the self-healing efficiency even if the process of scratching and healing at the same location is repeated more than five times.
Dr. Lee Young Kuk, president of KRICT, said, “This technology is a platform technology that synthesizes self-healing lens materials using both an inexpensive high-refractive polymer material and a photothermal dye. It is expected to be widely used in various applications such as autonomous vehicle sensors as well as glasses and cameras.”
2024 Toyota Tacoma: The Ultimate Adventure Machine | Toyota
“2024 Toyota Tacoma: Redesigned for ultimate off-road performance and versatility with new frame, suspension, and advanced features #AdventureMachine #Toyota”
The 2024 Toyota Tacoma is the ultimate adventure machine for anyone looking to tackle the toughest off-road terrain. This pickup truck has been redesigned from the ground up, with a focus on performance, capability, and versatility.
One of the key upgrades for the 2024 Tacoma is its new frame, which is stronger, lighter, and more durable than ever before. This enables the truck to handle more weight, traverse rougher terrain, and tow heavier loads with ease. The Tacoma’s suspension has also been upgraded, with new shocks and springs that deliver a smoother, more controlled ride, even when tackling the toughest trails.
Under the hood, the Tacoma is powered by a choice of two engines: a 3.5-liter V6 producing 278 horsepower and 265 lb-ft of torque, and a 2.7-liter four-cylinder engine producing 159 horsepower and 180 lb-ft of torque. Both engines are paired with a six-speed automatic transmission, and the V6 can be paired with a six-speed manual transmission as well.
Inside, the Tacoma is packed with features designed to enhance the driving experience. The truck comes standard with a 7-inch touchscreen infotainment system, which includes Apple CarPlay and Android Auto compatibility, Bluetooth connectivity, and a six-speaker audio system. Higher trims offer an 8-inch touchscreen, wireless smartphone charging, and a premium JBL audio system with nine speakers.
But perhaps the most impressive aspect of the 2024 Tacoma is its off-road capability. The truck comes standard with four-wheel drive, as well as a range of features designed to help it tackle even the toughest terrain. These include an electronically locking rear differential, an available multi-terrain select system, and an available crawl control system that automatically adjusts the truck’s speed and throttle to help it crawl over obstacles.
All in all, the 2024 Toyota Tacoma is the ultimate adventure machine for anyone looking to take on the great outdoors. With its rugged capability, advanced features, and Toyota’s legendary quality, durability, and reliability, this pickup truck is ready to take on any challenge you can throw at it.
Senior Pickleball Report4 months ago
ACE PICKLEBALL CLUB TO DEBUT THEIR HIGHLY ANTICIPATED INDOOR PICKLEBALL FRANCHISES IN THE US, IN EARLY 2023
Community3 months ago
Diana Gregory Talks to us about Diana Gregory’s Outreach Services
Entertainment6 months ago
The Absolute Most Comfortable Pickleball Shoe I’ve Ever Worn!
Automotive3 months ago
2023 Nissan Sentra pricing starts at $19,950
Senior Pickleball Report4 months ago
“THE PEOPLE’S CHOICE AWARDS OF PICKLEBALL” – VOTING OPEN
influencers4 months ago
Keeping Pickleball WEIRD, INEXPENSIVE and FUN? These GUYS are!
Blog4 months ago
Unique Experiences at the CitizenM
Blog5 months ago
Assistory Showing Support on Senior Assist Day