Hyundai EVs

Hyundai announced it would no longer develop ICEs and instead will focus on electric motors and drivetrains.

On December 23, Hyundai Motor Group (parent company of Hyundai, Kia, and Genesis) shuttered its internal combustion engine research and development division, according to The Korea Economic Daily.

Park Chung-kook, the new head of Hyundai’s R&D efforts, explained in an email to Hyundai Motor Group employees that “our own engine development is a great achievement, but we must change the system to create future innovation based on the great asset from the past.”

https://arstechnica.com/cars/2022/01/hyundai-stops-engine-de…

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…shuttered its internal combustion engine research and development division,

Considering the continuing problems Hyundai has had with both the Theta II and Nu series engines: bearing knock, piston slap, seized engines, that is no loss.

Steve

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Hyundai announced it would no longer develop ICEs and instead will focus on electric motors and drivetrains.

Smart move! If all ICE incumbents did it, Tesla might be in trouble but as long as ICE incumbents remain boneheadedly wed to the past, it’s a cakewalk for Tesla.

The Captain