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Hyundai Abandons Diesel Engine Development: Report

Hyundai 2.2-liter diesel Smartstream engine
Hyundai 2.2-liter diesel Smartstream engine

Existing diesels will be updated, but there won’t be any next-gen oil burners.

As the automotive industry is shifting towards electrification due to increasingly stringent emissions regulations, diesel engines are the most vulnerable to face extinction. The aftermath of Volkswagen Group’s messy Dieselgate has accelerated the oil burner’s gradual demise, and while it’s still somewhat popular in Europe, sales figures have shown hybrids and EVs are now more popular than diesels.

For these reasons, it comes as no surprise we’re now hearing Hyundai has basically abandoned the development of new diesel engines. Citing South Korean industry sources and local reports, Korea JoongAng Daily says Hyundai halted the development of diesel engines in the second half of 2020. While next-generation engines are not in the pipeline, the current diesels will be updated in the years to come. In other words, it will be a while before

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2019 New Automotive Costs

Transport infrastructure consists of the fixed installations, together with roads , railways , airways , waterways , canals and pipelines and terminals corresponding to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (including fueling docks and gas stations ) and seaports Terminals may be used each for interchange of passengers and cargo and for maintenance. Right now’s tractors and heavy gear are principally diesel-powered. Among tractors, only the smaller courses can also offer gasoline engines. The dieselization of tractors and heavy gear began in Germany before World Struggle II however was unusual in the United States until after that warfare. Through the Nineteen Fifties and 1960s, it progressed within the US as effectively. Diesel is commonly used in oil and gasoline extracting tools, though some locations use electric or natural fuel powered equipment to assist scale back environmental results corresponding to pollution from exhaust … Read More

20 Minutes With: Automotive Innovator Mate Rimac

Mate Rimac is an unconventional automotive game changer. Born in Bosnia, Rimac moved to Germany as a 2-year-old, shortly before the Bosnian War, and ended up in Croatia as a teenager. By 18 he’d already written his first two patents, and founded Rimac Automobili, which now has 900 employees, in 2009, when he was just 21.

Two years later Rimac’s first all-electric hypercar, the Concept_One, debuted at the International Motor Show in Frankfurt. “We were literally building it day and night. We didn’t go home to sleep, or to shower, and were building it still in the truck as it was driving towards Frankfurt,” he says.

In 2018, Rimac, now 32, introduced its next-generation hypercar, the C_Two, which has a top speed of 258 mph, and a 0-62 mph of 1.9 seconds. The first cars are set to be delivered to customers next year, with only 150 being produced, with

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Is NXP Semiconductors Stock a Buy?

Life has been challenging for many semiconductor stocks over the last few years. Ongoing effects from the trade war between the U.S. and China paired with the pandemic have upset the applecart for many firms. NXP Semiconductor (NASDAQ:NXPI) is no exception. The chipmaker’s auto and smartphone markets were hit hard by the pandemic in 2020, and the stock’s 40% return over the last trailing-three-year stretch has underperformed the 115% return of the semiconductor industry overall, as measured by the iShares PHLX Semiconductor ETF (NASDAQ:SOXX).

However, while it may not be the best growth stock in the chip universe, NXP does pay a small dividend — and could be a solid bet in 2021 as the economy gradually recovers from COVID-19.

A beatdown from lower smartphone and auto sales

NXP is best known for making connectivity chips for the automotive industry, industrial applications (factory equipment and

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