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☆ Musk's 4-second surprise appearance at a video game tournament was met with boos and the crowd chanting 'bring back Twitter'
▼ + stars: | 2023-08-28 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A clip showing the crowd chanting "Bring back Twitter," has gone viral on X. That can't be from in here, surely," one of the commentators said, trying to bring the audience's focus back onto the game. AdvertisementAdvertisementElon Musk, the owner of X, formerly known as Twitter, made a surprise appearance on Saturday at the world championship final of esport Valorant and was immediately met with a chorus of boos and the crowd chanting, "Bring back Twitter." A clip of his appearance, shared on Saturday by X user Jake Lucky, has since racked up over 7 million views on the platform. That can't be from in here, surely," one of the commentators said, trying to bring the audience's focus back onto the game.

Persons: Elon Musk, esport Valorant, Jake Lucky, Musk –, Musk Organizations: Morning, Twitter Locations: Los Angeles, Indonesia

Consider this: In July, just one car model — the Mitsubishi Mirage — had an average new-vehicle transaction price below $20,000, according to Kelley Blue Book data. The $20,000-or-below barometer is a sort of unofficial price threshold for an affordable new car, said Brian Moody, executive editor for Kelley Blue Book. Five years ago, there were 12 vehicles selling for an average price of more than $100,000. The average new-vehicle purchase price today is about $48,000, up from about $30,000 in 2012, according to Kelley Blue Book. Know your budget — really Most car buyers use monthly payments to conceptualize how expensive a car is.

Persons: Kelley, Brian Moody, Moody, Tom McParland, Paul Waatti, Waatti, Joseph Yoon, they're, Yoon, McParland Organizations: Mitsubishi, Manufacturers, Kia, Hyundai, Nissan, Mitsubishi —, Automatch Consulting, Consumers, Edmunds, Auto, Ferrari, Lamborghini, Royce

The gunman, identified as 21-year-old Ryan Christopher Palmeter, left behind racist writings and used racial slurs, Jacksonville Sheriff T.K. As a hurting community gathered Sunday to honor the victims, Jacksonville Mayor Donna Deegan called to an end to division. As investigators probe the Jacksonville gunman’s motives and history, Waters cautioned against trying to find reason in the attack. How the shooting unfoldedPeople walk past the Dollar General store Sunday in Jacksonville, Florida. John Raoux/APJacksonville is processing the loss, said Florida State Sen. Tracie Davis, who represents the area of Jacksonville where the shooting happened.

Persons: Angela Michelle Carr, Anolt Joseph “ AJ ” Laguerre, Jerrald Gallion, Ryan Christopher Palmeter, Waters, General Merrick Garland, Jacksonville Mayor Donna Deegan, “, Zachary Faison Jr, Faison, ” Faison, ” “, happenstance, Sean Rayford, Carr, Laguerre, Gallion, texted, ” Waters, Baker, ”, Sabrina Rozier, ” Gallion, John Raoux, Tracie Davis, “ I’m, ” Davis, ” Biden, Kamala Harris, ” Harris Organizations: CNN, Jacksonville Sheriff T.K, Justice, Jacksonville Mayor, Jacksonville, Edward Waters University, Jacksonville Sheriff's, Dr, CNN Sunday, Dollar, “, University, Kia, Authorities, Sunday, Residents, Florida State Sen Locations: Jacksonville , Florida, Jacksonville, Florida, Buffalo , New York, Charleston , South Carolina, Massachusetts, Oklahoma, Orange Park, Clay County, Duval County, New Town, Clay, Washington, America

CNN —The White gunman who killed three Black people in a racist attack at a Dollar General store in Jacksonville, Florida, on Saturday legally purchased two firearms earlier this year, Jacksonville Sheriff T.K. The gunman, identified as 21-year-old Ryan Christopher Palmeter, bought a handgun in April and an AR-15-style rifle in June, the sheriff said. Jacksonville Sheriff's OfficeThe gunman used racial slurs, left behind a racist screed and drew swastikas on his firearm, authorities said. The encounter was reported to the Jacksonville Sheriff’s Office by EWU security,” the school said. Jacksonville Sheriff's OfficePhotos of the weapons the gunman had were shown by authorities, including one firearm with swastikas drawn on it.

Persons: Waters, Ryan Christopher Palmeter, ”, Palmeter, Angela Michelle Carr, Anolt Joseph “ AJ ” Laguerre, Jerrald Gallion, Sheriff Waters, Kia, Carr, Laguerre, Gallion, texted, Black, ” Waters, “, They’re, Baker, Jacksonville Mayor Donna Deegan, Ron DeSantis, ” DeSantis, Joe Biden, ” Biden Organizations: CNN, Jacksonville Sheriff T.K, Dollar, Justice, Jacksonville Sheriff's, Edward Waters University, Jacksonville, Madden, University police, University, WJXT, Authorities, Kia, Jacksonville Mayor, Florida Gov, NAACP Locations: Jacksonville , Florida, Orange, Jacksonville, Washington, Massachusetts, Oklahoma, Clay County, Duval County, Florida, America

☆ Kia revealed yet another awesome-looking electric SUV — and it's headed to China first
▼ + stars: | 2023-08-25 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Kia unveiled its latest electric SUV. The Kia EV5. The Kia EV5. AdvertisementAdvertisementThe Kia EV5. The Kia EV5.

Persons: Kia, Tesla, Kia EV6, Kia Kia hasn't, hasn't Organizations: Kia, Hyundai Locations: China

"Hybrid is a great alternative to a pure electric vehicle (and) it's an easier sell to a lot of customers." Interest in hybrids is rebounding as consumer demand for pure electrics has not accelerated as quickly as expected. Sales of pure electrics will claim about 37%, leaving combustion vehicles — including so-called “mild” hybrids — with a nearly 40% share. In addition to new pure electric models coming soon, "we are very bullish on hybrids going forward," a spokesperson said. Hyundai and sister brand Kia offer seven hybrid models, with Ford and Lincoln six.

Persons: Mike Blake, Tim Ghriskey, Ingalls, Snyder, ”, Sam Fiorani, Ford, Jim Farley, ” Farley, “, Stellantis, GlobalData, ” Stellantis, Andrew DiFeo, Augustine, Biden, “ I've, I've, Paul Lienert, Ben Klayman, Nick Zieminski Organizations: Toyota, Los Angeles Auto, REUTERS, Rights, Ford, Reuters, AutoForecast Solutions, P Global, General Motors, Chrysler Pacifica, U.S, Lexus, Hyundai, Kia, Lincoln, Chevrolet Corvette, Thomson Locations: Los Angeles , California, U.S, America, New York, St, Jacksonville , FL, Detroit

☆ I drove Hyundai's luxurious new $70,000 electric SUV and saw why it's one of the best Tesla rivals yet
▼ + stars: | 2023-08-17 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I drove the Genesis GV60, a new compact electric SUV from Hyundai's luxury brand. A Tesla Model Y is just as likely to be owned by an obsessive early adopter as an Uber driver or your grandpa. The Genesis GV60. The Genesis GV60. The Genesis GV60.

Persons: Tim Levin, you've, Tesla, Elon Musk, they've, Kia EV6, it's Organizations: Tesla, EV, Neat, Hyundai, Elon

☆ This Vietnamese automaker is worth more than Ford and GM. But it hasn’t sold many cars
▼ + stars: | 2023-08-17 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —Vietnamese electric vehicle company Vinfast is already more valuable than Ford (F) and GM (GM), based on its stock price, despite just entering the US market. For one thing, when critics got the chance to drive the company’s first US-bound product, the VF8 electric SUV, the resulting reviews weren’t what any automaker would hope for. The VF-8 electric vehicle from VinFast, a Vietnamese automaker producing electric cars and SUVs, is displayed at their showroom in Santa Monica, California, on September 13, 2022. In 2022, VinFast sold 24,000 cars globally. By comparison, Volkswagen Group sold 8.3 million vehicles in 2022 and Ford sold 4.2 million.

Persons: ”, Miguel Cortina, MotorTrend, Arstecnica, ” VinFast, Apu Gomes, Cortina, VinFast, VinGroup, Vinhomes Organizations: CNN, Ford, GM, Getty, Paris, South, Hyundai, Kia, Volkswagen Group, VinGroup Locations: Santa Monica , California, AFP, California, Vietnam, VinUni

☆ Hyundai Motor's unit to buy General Motors' India plant
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Wolfgang Rattay/File Photo Acquire Licensing RightsBENGALURU, Aug 16 (Reuters) - Hyundai Motor Co's (005380.KS) Indian unit will buy automaker General Motors' (GM.N) Talegaon plant in the western state of Maharashtra, a move that will allow the U.S. automaker to exit the country as well increase Hyundai's annual production. Through its Sriperumbudur facility outside Chennai city and now the Talegaon plant, Hyundai aims to increase its cumulative production capacity to one million units per year, it said on Wednesday. The company had a production capacity of 820,000 units in the first half of this year. The South Korean firm said it intends to upgrade the existing infrastructure at the Talegaon unit and start manufacturing in 2025. The plant currently has an annual production capacity of 130,000 units.

Persons: Wolfgang Rattay, Ashish Chandra, Sonia Cheema Organizations: Hyundai, REUTERS, Rights, General Motors, U.S, GM, Kia, Thomson Locations: Munich, Germany, KS, Maharashtra, Chennai, India, Bengaluru

☆ These are the 6 coolest electric cars still coming this year
▼ + stars: | 2023-08-15 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

Polestar 3The Polestar 3 electric SUV. Chevrolet Silverado EVThe Chevrolet Silverado EV. The Chevrolet Silverado EV. Chevrolet Equinox EVThe Chevrolet Equinox EV. The 2023 Chevrolet Equinox EV.

Persons: we'll, Kia EV9, Tim Levin, there's, Tesla, Samantha Delouya Tesla, Elon Musk, BMW Tesla Organizations: BMW, Chevrolet, Kia, Tesla, Kia Buyers, Volvo, Petersen Automotive, Chevrolet Silverado EV, EV, Silverado, Ford, BMW i5, GM Locations: Texas

☆ A Tesla owner took his Model S camping on a 19-day road trip and slept in it nearly every night
▼ + stars: | 2023-08-14 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

David Craig said he took his Tesla Model S on a 19-day road trip and slept in it almost every night. The Tesla owner said Camp Mode made his trip much easier and stress-free. A Tesla road trip? David Craig has been on a number of bucket list road trips over the years, but he told Insider he found a new perk when he took his Tesla Model S on a 8,500-mile road trip — Camp Mode. "I always know what I'm getting into when I camp in my Tesla," Craig said.

Persons: David Craig, Craig, I've, Tesla, they've Organizations: Camp, EV, Kia EV Locations: Southern California, Arizona , Texas , Arkansas, Kentucky, Tesla, California, Colorado, Kansas

That is by far the most ever spent on clean energy in a year. Solar and Wind Power Have Taken Off Electricity generation per year, in terawatt hours China 600 TWh 500 Solar Wind U.S. China 400 E.U. It would shred regulations designed to curb greenhouse gases, dismantle nearly every federal clean energy program and boost the production of fossil fuels. 1 2 3 4 5 Even Tulsa, with its strong links to oil and gas, is embracing clean energy. “But we also understand that energy is energy, whether it is generated by wind, steam or whatever it might be.”Around the country, clean energy is taking root in unlikely locales.

Persons: ”, Fatih Birol, Al Gore, Crews, Francis Energy, Dewey, Bartlett Jr, “, J.W, Peters, Mr, Lazard, Gregory Nemet, —, Biden, Tesla, Giovanni Bertolino, Jon Creyts, Steve Uerling’s, Uerling, Cathy Zoi, It’s, Mary Barra, ’, Barra Organizations: Buses, Port, International Energy Agency, India India, Energy, The New York Times, Heritage Foundation, Republican, Ford, University of Tulsa’s School of Petroleum Engineering, “ Oil, Drillers, Navistar, Public Service Company of Oklahoma, Francis, Solar Power, U.S . Steel, Gas, University of Wisconsin -, Panasonic, United, European Union, United States ’, General Motors, RMI, Ford Fusion, Tesla, Postal Service, Amazon, Peterbilt, Companies, Francis Energy, BMW Group, Honda, Hyundai, Kia, Benz Group Locations: Pittsburgh, Milwaukee, Port of Los Angeles, Houston, Europe, United States, America, China, Britain, terawatt, India, U.S, States, Beijing, London, Tokyo, Washington, Oslo, Dubai, Tulsa, Okla, Italian, Oklahoma, Oklahoma City, Texas, Galveston, In Arkansas, Republican, University of Wisconsin - Madison, Georgia, Korean, Nevada, tailpipes, California, New York, San Francisco, Canada, South Korea, Russia, Ukraine, Steve Uerling’s Tulsa, E.U, G.M

☆ Only one car model sold for under $20,000 in July — but experts say vehicle prices are stabilizing
▼ + stars: | 2023-08-11 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Even as prices improve, there was only one car model sold below $20,000 in July. Today, that's not the case, but experts say buyers might see some relief from sky-high car prices soon. The only car model that sold below $20,000 last month was the Mitsubishi Mirage, transacting for an average $19,205, according to Kelley Blue Book. Now, it's challenging to find a ride in the $20,000 price range even if a shopper is considering used. They hit $53,469 in July, down nearly 18% less from $65,108 one year ago, per Kelley Blue Book.

Persons: that's, Kelley, Kia Rio, COVID, That's, Rebecca Rydzewski Organizations: Mitsubishi Mirage, Toyota Corolla, Nissan, Cox Automotive

☆ South Korea's Hyundai to launch more EVs in India
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

The logo of Hyundai Motor Company is pictured at the New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Andrew Kelly/File PhotoBENGALURU, Aug 8 (Reuters) - South Korea's Hyundai Motor Group said on Tuesday it plans to launch more electric vehicles (EVs) under the Hyundai (005380.KS) and Kia (000270.KS) brands in India, in a sign that it is betting big on the world's third-largest auto market. Hyundai has already laid out plans to invest $2.45 billion to beef up EV production in the country, and is bullish on the local appetite for EVS. "The country is becoming an increasingly important center for electric vehicle production and sales," Hyundai said. That could include Teslas, with the Elon Musk-run company (TSLA.O) planning to sell locally made EVs, starting at $24,000.

Persons: Andrew Kelly, Kia, Hritam Mukherjee, Nandan, Savio D'Souza Organizations: Hyundai Motor, New York, REUTERS, Hyundai, Kia, EV, Hyundai Motor Group, Elon, Thomson Locations: Manhattan , New York City, U.S, BENGALURU, India, Bengaluru

☆ Drivers Frustrated With Their Cars Door Handles, Screens, Other Tech
▼ + stars: | 2023-08-07 | by ( Alexa St. John | Tim Levin | ) www.businessinsider.com time to read: +4 min

The auto research firm JD Power assessed dozens of vehicle brands for its latest quality study. The overall quality of new vehicles is deteriorating and nagging problems are on the rise, according to a new study from JD Power. "The basic touch point of door handles is now a percolating problem area as manufacturers attempt to redesign them," JD Power said. JD Power assigned a score to each auto brand based on problems per 100 vehicles, and calculated an industry average of 192 problems per 100 vehicles (PP100), up from 180 in 2022. In terms of vehicles themselves, the Nissan Maxima had the highest initial quality overall, with 106 problems per 100 vehicles, according to the survey.

Persons: Tesla, Dodge, Frank Hanley, Power, JD Power, Ram, Alfa Romeo, Polestar Organizations: JD Power, Fiat Chrysler, French PSA Group, Buick, Chevrolet, Volvo, Chrysler, Volkswagen, Nissan, JD, Dodge, Romeo, GMC, Porsche, Kia, Lexus, Maserati, Hyundai, Honda, BMW, Mitsubishi, Toyota, Ford, Benz, Rover, Mazda, Acura, Lincoln

☆ Taylor Swift is doing 6 shows in LA for her Eras tour. Mini-residencies could be her smartest business decision yet.
▼ + stars: | 2023-08-07 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Taylor Swift's Eras Tour is set to break records, with some estimating it could gross $1.4 billion. Swift is set to take home hundreds of millions of dollars — and "mini-residencies" will help. There's no arguing that, when it comes to her Eras tour, Taylor Swift is polishing up real nice. This will likely be an immensely profitable tour for Swift no matter what, but thanks to one key business move, she's set to make even more. "The totality of Taylor Swifts' U.S. tour could generate $4.6 billion in total consumer spending, larger than the GDP of 35 countries," the Common Sense Institute estimated.

Persons: Taylor, Swift, She's, Taylor Swift, she's, Nathan Hubbard, Harry Styles, Hubbard, That's, wouldn't Organizations: Swift, Ticketmaster, Firebird, Kia Forum, Las, Federal Reserve, Pitchfork, Taylor Swifts Locations: Los Angeles, Toronto, San Diego, Ottawa, New, Covid, Las Vegas, Louis, Phoenix, Nashville, Chicago, Kansas City , Missouri, Philadelphia, U.S

☆ Trump, Worldcoin, Ukraine ‘peace talks’ — and World Cup shocks
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: 1 min

Read the episode transcriptDonald Trump appeared in a D.C. federal court as new Reuters/Ipsos polling shows half of Republicans wouldn't vote for him if he's convicted of a felony. Saudi Arabia holds talks on the Ukraine war. Plus, Hyundai and Kia recall and we are in Australia for a Women’s World Cup full of shocks and surprises. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.

Persons: Donald Trump, Reading Trump Organizations: Apple, Google, Reuters, Hyundai, Kia, Thomson, Reading, US Locations: Saudi Arabia, Ukraine, Australia, China Denmark

Those talks continued over the past week with Tesla discussing minute details of its plans to gain access to India's fast-growing EV market, and Modi personally tracking developments, sources say. Months after seeking clearance for its own $1 billion investment in India, BYD is no longer keen to pursue the approval, Reuters reported. India has told Tesla it will allow its Chinese suppliers into the country if they forge partnerships with local firms, just like Apple did. Tesla does not currently sell vehicles in India. "Add to that an affordable product tailored for the Indian market and it has the potential to be a hit locally."

Persons: Narendra Modi, Elon Musk, Elon, BYD, Tesla, Modi, Musk, Gaurav Vangaal, Tesla's, Sam Fiorani, Aditi Shah, Aftab Ahmed, Aditya Kalra, Shivangi Acharya, Kim Coghill Organizations: India's, India's Press, REUTERS, Economic, Indian, Reuters, EVs, Apple, Global Times, P Global Mobility, Tata Motors, Toyota, Hyundai Motor, Kia, AutoForecast Solutions, Thomson Locations: New York City , New York, U.S, India, New Delhi, Thailand, New York, China, Shanghai

☆ Hyundai, Kia recall 91,000 US vehicles over fire risks, urge owners to park outside
▼ + stars: | 2023-08-03 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

[1/2] Hyundai logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. The recall covers Hyundai 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra, and Kona vehicles and 2023-2024 Seltos and 2023 Kia Soul, Sportage vehicles. Owners will be notified in late September and dealers will inspect and replace the electric oil pump controller as needed. Kia said it has six reports of potentially related thermal events but no accidents or injuries while Hyundai has four similar reports. In addition to the fire risk, heat damage could trigger a short circuit impacting other onboard vehicle controllers, Hyundai said.

Persons: Wolfgang Rattay, Kia, David Shepardson, Jane Merriman, Nick Zieminski Organizations: REUTERS, Hyundai, Kia, Traffic, Administration, Thomson Locations: Munich, Germany, KS, United States, Tucson

☆ This totally useless feature is my absolute favorite part of Hyundai's futuristic new Tesla rival
▼ + stars: | 2023-08-03 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

It's got a ton going for it, but its coolest feature is a silly glass orb. The glowing "Crystal Sphere" hides the gear shifter, then reveals it when you want to drive. For everyone else: The Genesis GV60 SUV comes jam-packed with dazzling tech like facial recognition, automated stop-and-go driving, and ultra-fast charging. You might think the Crystal Sphere could double as one of those old-school computer mice that predated touchpads, but it can't. The Genesis GV60.

Persons: It's, Tim Levin, Tesla, Kia EV6 Organizations: Morning

☆ Hyundai and Kia warn drivers of 90,000 vehicles to park outside due to fire risk
▼ + stars: | 2023-08-03 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

These include 2023 Kia Soul and Sportage vehicles and 2023 and 2024 Kia Seltos models. Last year, owners of nearly 500,000 Kia and Hyundai vehicles were, similarly, warned to park their vehicles away from structures because of a risk of fire. Hyundai and Kia also recalled over 250,000 vehicles in 2022, again warning drivers to park outside, because of the potential for fire from a trailer hitch wiring issue. In a 2021 recall, owners of 380,000 Kia vehicles were also warned to park outside because there was a risk of fire from electronic circuits under the hood. In 2020, Kia recalled 295,000 vehicles because they could catch fire while driving because of fuel leaks.

Persons: Hyundais, Kia Organizations: CNN, Hyundai, Kia, National, Hyundai Motor Group Locations: United States, Canada, South

[1/2] Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Months after seeking clearance for its own $1 billion investment in India, BYD is no longer keen to pursue the approval, Reuters reported. India has told Tesla it will allow its Chinese suppliers into the country if they forge partnerships with local firms, just like Apple did. Tesla does not currently sell vehicles in India. "Add to that an affordable product tailored for the Indian market and it has the potential to be a hit locally."

Persons: Elon Musk, Tingshu Wang, Elon, BYD, Tesla, Narendra Modi, Modi, Gaurav Vangaal, Tesla's, Sam Fiorani, Aditi Shah, Aftab Ahmed, Aditya Kalra, Shivangi Acharya, Kim Coghill Organizations: Tesla, REUTERS, Economic, Indian, Reuters, EVs, Apple, Global Times, P Global Mobility, Tata Motors, Toyota, Hyundai Motor, Kia, AutoForecast Solutions, Thomson Locations: Beijing, China, India, New Delhi, Thailand, New York, Shanghai

☆ AI chip firm Tenstorrent raises $100 mln from Hyundai, Samsung
▼ + stars: | 2023-08-02 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Courtesy of Tenstorrent /Handout via REUTERSAug 2 (Reuters) - Tenstorrent, a Canadian startup headed by chip industry veteran Jim Keller that is developing artificial intelligence chips, said on Wednesday it has raised $100 million from Hyundai Motor Group (005380.KS) and a Samsung (005930.KS) investment fund, among others. Keller, who has previously developed chips for Apple (AAPL.O), Tesla (TSLA.O) and Intel (INTC.O), took over as the startup's CEO earlier this year. Tenstorrent makes its own AI chips, but also sells its intellectual property and other technology to customers looking to make their own AI chips. Hyundai established a semiconductor development group last year and said that it plans to use Tenstorrent technology in "future Hyundai, Kia and Genesis" vehicles. “With this investment, the Group expects to develop optimized but differentiated semiconductor technology that will aid future mobilities and strengthen internal capabilities in AI technology development," Heung-soo Kim, executive vice president and head of the global strategy office at Hyundai Motor Group, said in a statement.

Persons: Jim Keller, Heung Soo Kim, Keller, Tenstorrent, Kim, Stephen Nellis, Marguerita Choy Organizations: Global, Hyundai, REUTERS, Hyundai Motor Group, Samsung, Nvidia, Apple, Intel, Kia, Catalyst Fund, Fidelity Ventures, Eclipse Ventures, Epiq, Maverick Capital, Tesla, LG, Thomson Locations: Santa Clara , California, U.S, Handout, Canadian

☆ Hyundai to expand the glove compartment in its EVs, redesigning them to resemble airline overhead bins
▼ + stars: | 2023-08-02 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

Now, Hyundai Motor Group is adding another amenity to that list: a bigger and better glove compartment. The newly designed glovebox is modeled on overhead bins in airliners, Hyundai Motor Group said Wednesday. The dashboard invention was the gold medal winner in an internal contest at Hyundai Mobis, the auto parts division of Hyundai Motor. For example, Toyota eschews a glove box entirely in its electric vehicles, the Toyota BZ4X and Lexus RZ 450e. Why it’s called a glove boxToday’s glove box is the direct descendant of storage bins in early automobiles that were usually in the floor or under the seat.

Persons: It’s, it’s, Dorothy Levitt —, —, Dorothy Levitt, De Dion, Horace W, Nicholls, Levitt, “, ” Organizations: CNN —, Hyundai Motor, Hyundai Motor Group, Hyundai, Kia, Hyundai Mobis, Hyundai Motor . Employees, Toyota, Lexus, McGill University Library, Nationwide Insurance

☆ Most cars still cost more to charge than to fill up with gas
▼ + stars: | 2023-08-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +5 min

While charging and fueling trucks cost the same, other cars and their electric counterparts differ. It's not yet cheaper to charge some electric cars than to fuel them with gas, a new study suggests. It's not yet cheaper to charge many electric cars than it would be to fuel their gas-powered counterparts up with gas, a new study indicates. Trucks cost about the same to fuel and charge, while entry and midlevel cars and SUVs cost more to charge at home and in public than they do to fuel at a gas station, the group found. Luxury-segment EVs may cost less to charge at home than their gas counterparts would cost to fuel.

Persons: Kelley, that's, Kia Forte, it's, Bolt, Kia, Kia EV6 Organizations: Anderson Economic, Trucks, Ford Trucks, Ford, Chevrolet Silverado, GMC, Chevrolet, Nissan Versa, Hyundai, Nissan, Mercedes, Benz, Lexus, Porsche Macan, Porsche, Volkswagen, Nissan Altima, Subaru

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