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Transportation

Virgin Hyperloop Unveils Passenger Experience Vision (yahoo.com) 69

Just months after their first passenger testing, Virgin Hyperloop today unveiled its vision for the future hyperloop experience. Yahoo Finance reports: The newly-released concept video takes the viewer step-by-step through a hyperloop journey, from arriving at the portal to boarding the pod. Virgin Hyperloop worked with world-class partners across disparate industries -- including Bjarke Ingels Group (BIG) for the portal designs, Teague for the pod designs, SeeThree for the video and animation, and Man Made Music for the score and sonic identity -- to design a comprehensive, multi-sensory passenger experience that surpasses that of any other form of mass transit.

Far from a dystopian future where dark colors, stark lighting, and screens abound, Virgin Hyperloop's counter narrative is a more optimistic view of the future: a greener, smoother, safer, and more pleasant mass transit experience. "We leveraged decades of experience designing how people and things move across various modalities -- taking some of the best aspects from aviation, rail, automotive, and even hospitality to create a new and better passenger experience that is distinct to Virgin Hyperloop," said John Barratt, CEO & President, Teague. "Recessed seat wells provide a greater sense of space, while the raised aisle is a touch of the unexpected and unique. Bands of greenery and wood textures subvert the aesthetic of typical mass transit materials with something optimistic and fresh. All lighting in the pod -- including the unassuming information displays -- are dynamic and adjust based on traveler activity and journey milestones."

"Through proprietary research and a design thinking approach to creating sound and sonic solutions for Virgin Hyperloop, Man Made Music was able to address a myriad of potential challenges for this new mode of transportation, from how to evoke a sense of privacy and space to an enhanced sense of safety and calm," said Joel Beckerman, Founder and Lead Composer at Man Made Music. "We respond to sound quicker than any other sense, so sound actually drives the multi-sensory experiences. The sonic cues of the Virgin Hyperloop identity system serves as a guide for passengers throughout their experience while instilling confidence, safety, and clarity -- you 'feel' it rather than 'hear' it. Just like a great movie score, it tells you the story. We know when we've got it right when you don't notice the sound at all: the interface is humanized in ways that are both fresh and familiar."

Transportation

Tesla Model S Gets a Radically Redesigned Interior and 520-Mile Range (cnet.com) 220

During its fourth-quarter earnings announcement, Tesla unveiled the long-rumored refresh for its Model S sedan. CNET reports: On the outside, the Model S has a new front bumper with slightly different intakes, a tweaked rear diffuser and new 19- and 21-inch wheel designs. All of the exterior trim is now finished in black to match the Model Y, but the paint color palette remains the same, with white being the only no-cost option. The interior is the star of the show, though. It's been completely redesigned, marking the Model S' first major update since its debut in 2012. There's a large 17-inch central screen much like that of the Model 3 and Model Y, but the S retains a 12.3-inch digital gauge cluster in front of the driver, as well. Tesla says the new center screen is basically a gaming computer with 10 teraflops of processing power, and the released images show it running the popular fantasy RPG game Witcher 3.

Most radical is the new steering wheel. It isn't exactly a wheel anymore, instead looking like a yoke right out of Star Wars or Knight Rider. There are no stalks, either, meaning the turn signals, lights and other typical features are now controlled by touch buttons on the "wheel." There's more carbon fiber or wood trim covering parts of the dashboard and door panels, and the door cards and center console have been redesigned for more storage space and better looks. The rear seats look more sculpted and have a new fold-down armrest with cupholders. Rear-seat passengers get an 8-inch screen that offers the same infotainment and gaming functions as the main screen, and it even works with wireless gaming controllers. The Model S has three-zone climate control, a 22-speaker audio system, heated seats all around (and ventilated front seats), ambient lighting and a glass roof as standard. White, black and beige remain the only interior color options.
The maxed-out "Plaid Plus" model, which comes in at $139,990, features over 1,100 hp and will hit 60 mph in under 2 seconds. "It also boats a sub-9-second quarter-mile time, a top speed of 200 mph and a range of over 520 miles," reports CNET.
Transportation

Bad News For Land-Speed Record Fans As Bloodhound Goes Up For Sale (arstechnica.com) 63

An anonymous reader quotes a report from Ars Technica: Bad news, land-speed record fans: the project to set a new 1,000mph (1,609km/h) speed record is yet again in serious doubt. On Monday morning, the Bloodhound Land Speed Record Project revealed that it's looking for a new owner in order to try and break the existing record. Whoever steps in will need pretty deep pockets, too -- almost $11 million, in fact. Trying to set a new land-speed record is probably one of the harder activities one can engage in. You need to design and build a vehicle capable of going faster than 763mph (1,228km/h), twice within an hour. You need to find somewhere flat enough to run the car, presumably away from neighbors who might get annoyed by the window-shattering sonic booms. And while all that sounds like a serious challenge, perhaps the biggest problem is finding the money to make it all happen. [...]

2019 was a good year for Bloodhound. It found a new owner who saved it from life as a museum curio, and it even arrived in South Africa for the start of high-speed testing. Although it was only equipped with its Rolls Royce EJ200 jet engine, Bloodhound still reached 628mph (1,010kmh) that year. But going faster will require integrating Bloodhound's other propulsion source, a monopropellant rocket made by Nammo (a Norwegian aerospace and defense company). And the cost to do that and then conduct the test program to set a new record will require about $11 million, according to current owner Ian Warhurst. In a statement, he said: "When I committed to take the car high-speed testing in 2019, I allocated enough funding to achieve this goal on the basis that alternative funding would then allow us to continue to the record attempts. Along with many other things, the global pandemic wrecked this opportunity in 2020 which has left the project unfunded and delayed by a further 12 months. At this stage, in absence of further, immediate, funding, the only options remaining are to close down the program or put the project up for sale to allow me to pass on the baton and allow the team to continue the project."

Transportation

Vancouver Seaplane Company To Resume Test Flights With Electric Plane (www.cbc.ca) 62

A Vancouver seaplane company says its retro-fitted all electric airplane is set to take to the skies for more test flights this year, as it pushes forward with its plans to make commercial air travel cheaper and greener. CBC.ca reports: "There's no wavering in our confidence and determination and interest in getting this done," said Harbour Air CEO Greg McDougall. Founded by McDougall in 1982, Harbour Air uses small propeller planes to fly commercial flights between the Lower Mainland, Seattle, Vancouver Island, the Gulf Islands and Whistler.

In the last few years it has turned its attention to becoming a leader in green urban mobility, which would do away with the need to burn fossil fuels for air travel. In December 2019, McDougall flew one of Harbour Air's planes, a more than 60-year-old DHC-2 de Havilland Beaver float plane, which had been outfitted with a Seattle-based company's electric propulsion system, for three minutes over Richmond B.C.

Harbour Air joined with Seattle-based company MagniX in early 2019 to design the e-plane's engine, which was powered by NASA-approved lithium-ion batteries that were also used on the International Space Station. At the time, based on the success of that inaugural flight, McDougall had hoped to be using the plane to fly passengers on its routes, such as between downtown Vancouver and downtown Victoria, by the end of this year. Now, that timeline has been pushed back at least one year due to the pandemic.

Transportation

Waymo CEO Dismisses Tesla Self-Driving Plan: 'This is Not How It Works' (arstechnica.com) 185

An anonymous reader shares a report: Many Tesla fans view the electric carmaker as a world leader in self-driving technology. CEO Elon Musk himself has repeatedly claimed that the company is less than two years away from perfecting fully self-driving technology. But in an interview with Germany's Manager magazine, Waymo CEO John Krafcik dismissed Tesla as a Waymo competitor and argued that Tesla's current strategy was unlikely to ever produce a fully self-driving system. "For us, Tesla is not a competitor at all," Krafcik said. "We manufacture a completely autonomous driving system. Tesla is an automaker that is developing a really good driver assistance system."

For Musk, these two technologies exist along a continuum. His plan is to gradually make Tesla's Autopilot software better until it's good enough to work with no human supervision. But Krafcik argues that's not realistic. "It is a misconception that you can just keep developing a driver assistance system until one day you can magically leap to a fully autonomous driving system," Krafcik said. "In terms of robustness and accuracy, for example, our sensors are orders of magnitude better than what we see on the road from other manufacturers."

Transportation

Electric Vehicles Close To 'Tipping Point' of Mass Adoption (theguardian.com) 356

An anonymous reader quotes a report from The Guardian: Electric vehicles are close to the "tipping point" of rapid mass adoption thanks to the plummeting cost of batteries, experts say. Global sales rose 43% in 2020, but even faster growth is anticipated when continuing falls in battery prices bring the price of electric cars dipping below that of equivalent petrol and diesel models, even without subsidies. The latest analyses forecast that to happen some time between 2023 and 2025.

The tipping point has already been passed in Norway, where tax breaks mean electric cars are cheaper. The market share of battery-powered cars soared to 54% in 2020 in the Nordic country, compared with less than 5% in most European nations. Prof Tim Lenton, at the University of Exeter, said: "There's been a tipping point in one country, Norway, and that's thanks to some clever and progressive tax incentives. Then consumers voted with their wallets."

Data from Lenton's latest study showed that in 2019, electric vehicles in Norway were 0.3% cheaper and had 48% market share. In the UK, where electric cars were 1.3% more expensive, market share was just 1.6%. Once the line of price parity was crossed, Lenton said, "bang -- sales go up. We were really struck by how non-linear the effect seems to be." BloombergNEF's analysis predicts lithium-ion battery costs will fall to the extent that electric cars will match the price of petrol and diesel cars by 2023, while Lenton suggests 2024-2025. McKinsey's Global Energy Perspective 2021, published on January 15, forecasts that "electric vehicles are likely to become the most economic choice in the next five years in many parts of the world."

Transportation

The DeLorean Might Be Coming Back As an Electric Car (electrek.co) 103

An anonymous reader quotes a report from Electrek: The DMC DeLorean has been out of production for almost 40 years, but now we've learned that the iconic vehicle might be coming back as an electric car. In 1995, Stephen Wynne bought the company's old inventory and trademark to relaunch the brand based in Texas. At first, the plan was to bring back the same vehicle with more modern technology in low volume. For the past 5 years, the company pushed for the adoption of new rules for low volume vehicle production with the National Highway Traffic Safety Administration (NHTSA). These new rules were finally recently adopted, but the delay was so long that it complicated DeLorean's plans. The engine that they plan to use is not going to be compliant with emission standards starting in 2022 and the landscape has changed significantly.

In a new blog post, the company is now hinting that going electric with the DeLorean: "That said, with EV's becoming more mainstream, we've been considering switching to an all-electric as the future. It certainly makes for an easier path through emissions maze which still looms large over any internal combustion engine. While an electric Cobra or Morgan may be a little extreme for their potential market, we've already seen that an EV DeLorean -- as we displayed at the 2012 New York International Auto Show -- is not such an 'out there' idea." The company hints at being in the process of looking to secure financing to bring an electric DeLorean and says "stay tuned."

Government

Biden Rejoins Paris Climate Accord, Works To Overturn Trump's Climate Policies (washingtonpost.com) 345

During his first moments in the Oval Office on Wednesday, President Biden returned the United States to the Paris climate accord and directed federal agencies to begin unraveling Donald Trump's environmental policies. The Washington Post reports: Biden's executive order recommitting the United States to the international struggle to slow global warming fulfilled a campaign promise and represented a stark repudiation of the "America First" approach of Trump, who officially withdrew the nation from the Paris agreement Nov. 4 after years of disparaging it. Biden also ordered federal agencies to review scores of climate and environmental policies enacted during the Trump years and, if possible, to quickly reverse them. Nearly half of the regulations the new administration is targeting come from the Environmental Protection Agency, on issues as varied as drinking water, dangerous chemicals and gas-mileage standards.

Biden is expected to take even more sweeping action next Wednesday, according to a document obtained by The Washington Post. He plans to sign an executive order elevating climate in domestic and national security policy; direct "science and evidence based decision-making" in federal agencies; reestablish the Presidential Council of Advisers on Science and Technology and announce that U.S. data that will help underpin the Climate Leadership Summit that Biden will host in Washington in late April.
"While many of Biden's actions Wednesday will take effect over time -- the country will again formally become a party to the Paris agreement 30 days from now," the report adds. He's also planning to rescind the presidential permit Trump granted the Keystone XL pipeline to transport crude oil from Canada across the border into the United States, and is instructing the EPA and Transportation Department to strengthen fuel efficiency standards for cars and light trucks, which Trump weakened.

Furthermore, the report says Biden "plans to impose a temporary moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge, which is home to caribou, polar bears and Indigenous people."
Transportation

Kia Will Lead Apple Car Project Work Under Hyundai Motor, Report Says (cnet.com) 68

Hyundai Motor, the parent automaker of Hyundai and Kia, will task the Kia division with Apple Car work. The brand also said on Wednesday it's looking at cooperation with foreign firms surrounding self-driving and electric vehicles. CNET reports: Kia made no mention of Apple, though the comment follows the reported connections to the tech giant. Earlier this month, various reports pegged the Apple Car as alive and well inside the tech company and said we could see a final vehicle in 2024 at the earliest. A separate report said the company may show a prototype of the vehicle next year. Interestingly, one of the reports last month also named Kia's factory in Georgia as the rumored home for Apple Car production, which coincides with news of Kia's possible involvement in the latest round of rumors.

Reportedly, Apple is hard at work on breakthrough EV battery technology and automated driving systems to help usher in a game changing car. Choosing an established automaker to handle final production seems simple, since Apple has zero history of building cars. If you need an example of how difficult it is to build cars, take a look at Tesla's relatively short history in the business.

Power

Global Investments Into Clean-Energy Technology Reach Record High (axios.com) 27

Investments into clean-energy technologies totaled more than $500 billion for the first time ever, according to a BloombergNEF report released Tuesday. Axios reports: Technologies making energy and other material cleaner needs to expand rapidly if the world is to adequately address climate change in the coming decades. Global investment in the low-carbon energy transition was $501.3 billion in 2020, up 9% from 2019 despite the pandemic driving the world into a recession. This tally includes investments in renewables, energy storage, electric vehicle charging stations, hydrogen production, carbon capture projects and more. The largest areas of investment are renewable energy and electrified transportation.

The report also reflects another broader trend, which is that investment often lags in technologies beyond renewable electricity and electric cars. This includes carbon capture and most industrial processes like cement, according to the International Energy Agency.

Transportation

Penn State Engineers Are Developing An Inexpensive, Thermally-Modulated Battery For Electric Cars (psu.edu) 117

schwit1 shares a report from Penn State University: Range anxiety, the fear of running out of power before being able to recharge an electric vehicle, may be a thing of the past, according to a team of Penn State engineers who are looking at lithium iron phosphate batteries that have a range of 250 miles with the ability to charge in 10 minutes. "We developed a pretty clever battery for mass-market electric vehicles with cost parity with combustion engine vehicles," said Chao-Yang Wang, William E. Diefenderfer Chair of mechanical engineering, professor of chemical engineering and professor of materials science and engineering, and director of the Electrochemical Engine Center at Penn State. "There is no more range anxiety and this battery is affordable." The researchers also say that the battery should be good for 2 million miles in its lifetime.

They report today (Jan. 18) in Nature Energy that the key to long-life and rapid recharging is the battery's ability to quickly heat up to 140 degrees Fahrenheit, for charge and discharge, and then cool down when the battery is not working. The battery uses a self-heating approach previously developed in Wang's center. The self-heating battery uses a thin nickel foil with one end attached to the negative terminal and the other extending outside the cell to create a third terminal. Once electrons flow it rapidly heats up the nickel foil through resistance heating and warm the inside of the battery. Once the battery's internal temperature is 140 degrees F, the switch opens and the battery is ready for rapid charge or discharge. [...] Because of the self-heating, the researchers said they do not have to worry about uneven deposition of lithium on the anode, which can cause lithium spikes that are dangerous.

Transportation

Global Sales of Electric Cars Accelerate Fast In 2020 Despite Pandemic (theguardian.com) 97

An anonymous reader quotes a report from The Guardian: Global sales of electric cars accelerated fast in 2020, rising by 43% to more than 3 million, despite overall car sales slumping by a fifth during the coronavirus pandemic. Tesla was the brand selling the most electric cars, delivering almost 500,000, followed by Volkswagen. Sales of electric cars more than doubled in Europe, pushing the region past China as the world's biggest market for them, according to data published on Tuesday by EV-volumes.com, a Sweden-based consultancy.

Sales of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) made up 4.2% of the global car market, up from 2.5% in 2019. The rising sales are being driven by government policies to reduce carbon emissions, but a key factor is that electric cars are simply a better technology, said Viktor Irle, sales and marketing analyst at EV-volumes.com. Sales of electric cars did fall below 2019's levels from March to June, at the height of the Covid-19 lockdowns, but recovered strongly after that and by December were at double the level in December 2019.

There are about 150 new BEV and PHEV models expected on the market in 2021. This indicates that 2021 will see continued growth, said Irle, who estimates sales of about 4.6m electric cars by the end of the year. The EV-volumes.com data showed the five highest national sales were in China (1.3m), Germany (0.4m), the US (0.3m), France and the UK (both 0.2m). However, growth in the US was only 4% in 2020, due to few new models being available.

Microsoft

Microsoft Joins $2 Billion Deal With GM To Roll Out Self-Driving Cars (axios.com) 121

Microsoft is joining GM, Honda and others in a $2 billion investment round in Cruise to help commercialize its self-driving cars. The deal bumps Cruise's valuation to $30 billion, from $19 billion last year. From a report: The investment is part of a broader commitment by GM and Cruise to use Microsoft's Azure cloud-computing platform across their companies, especially as they roll out increasingly complex vehicles that rely on digital technologies. Self-driving vehicles devour massive amounts of data to operate safely. They collect and process data from cameras, radar and lidar sensors for perception, location mapping and decision-making. Commercialization requires even more data to optimize routes and to create consumer-facing apps and websites. "Microsoft, as the gold standard in the trustworthy democratization of technology, will be a force multiplier for us as we commercialize our fleet of self-driving, all-electric, shared vehicles," said Cruise CEO Dan Ammann.
Transportation

A 'Debilitating' Shortage of Computer Chips is Closing Auto Factories Worldwide (msn.com) 152

"American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall," reports Bloomberg: The American Automotive Policy Council — a lobbying organization for General Motors Co., Ford Motor Co. and the U.S. operations of Fiat Chrysler Automobiles NV — is agitating with the U.S. Commerce Department and the incoming administration of President-elect Joe Biden to press Asian semiconductor makers to reallocate output away from consumer electronics and build essential chips for cars.

"We have requested that the U.S. government help us find a solution to the problem because it will diminish our production and have a negative impact on the U.S. economy until it's resolved," Matt Blunt, president of the AAPC, said in an interview Friday. "We are not primarily concerned with where blame may lie for this global shortage, if it lies anywhere, but we just want a solution. And the solution is more automobile-sector semiconductors."

The shortage forced Ford to shut a sport-utility vehicle factory in Kentucky this week, and it is closing a small-car plant in Germany for a month. Fiat Chrysler has had to temporarily stop output at plants in Mexico and Canada. More production is expected to be idled in the coming weeks.

Transportation

Ford Halts Focus Car Plant for Full Month Due To Chip Shortage (bloomberg.com) 61

Ford Motor is halting production of its most popular car model in Europe for a full month because of the shortage of semiconductors disrupting the world's biggest automakers. From a report: The automaker's Focus factory in Saarlouis, Germany, will idle from Jan. 18 through Feb. 19, according to a spokesman, who said lower consumer demand also is playing a factor. The plant is Ford's lone manufacturing facility for the Focus and employs about 5,000 workers. The facility is the latest to fall victim to a supply issue that's disrupting carmakers around the globe. Ford already was forced to idle a sport utility vehicle plant in Kentucky this week, joining Volkswagen AG, Daimler AG, Toyota Motor Corp. and others in scaling back output because of the bottleneck of chips that play a function in everything from brakes to windshield wipers.
Transportation

US Asks Tesla To Recall 158,000 Vehicles For Touchscreen Failures (reuters.com) 137

An anonymous reader quotes a report from Reuters: The National Highway Traffic Safety Administration (NHTSA) on Wednesday asked Tesla to recall 158,000 Model S and Model X vehicles over media control unit (MCU) failures that could pose safety risks by leading to touchscreen displays not working. The auto safety agency made the unusual request in a formal letter to Tesla after upgrading a safety probe in November, saying it had tentatively concluded the 2012-2018 Model S and 2016-2018 Model X vehicles "contain a defect related to motor vehicle safety."

The Tesla vehicles that lose touchscreen use may see driver assistance Autopilot system and turn signal functionality impacted due to potential loss of audible chimes, driver sensing, and alerts associated with these vehicle functions, NHTSA said. It added that loss of alerts tied to systems like Autopilot "increases the risk of a crash occurring because drivers may be unaware of system malfunctions." Touchscreen failures result in drivers being unable to use windshield defogging and defrosting systems that "may decrease the driver's visibility in inclement weather, increasing the risk of crash." NHTSA noted that "Tesla has implemented several over-the-air updates in an attempt to mitigate some of the issues ... but tentatively believes these updates are procedurally and substantively insufficient." It noted that under law "vehicle manufacturers are required to conduct recalls to remedy safety-related defects." NHTSA said in November it reviewed 12,523 claims and complaints about the issue, which would impact roughly 8% of the vehicles under investigation.

Medicine

US To Require Negative COVID-19 Tests For International Air Passengers (reuters.com) 111

According to Reuters, the CDC is expected to sign an order on Tuesday requiring nearly all international air travelers to test negative for COVID-19 within 72 hours of departure. Those under 2 and passengers connecting through the UK are exempt. From the report: The new rules are to take effect two weeks from the day they are signed by CDC Director Mark Redfield, which would be Jan. 26. The CDC has been urgently pressing for an expansion of the requirements with the Trump administration for weeks. One remaining issue is how to address some countries that have limited testing capacity and how the CDC would address travel to those countries, the sources said.

At a White House meeting on Monday, Redfield again made an urgent case to adopt the testing requirements as new strains of COVID-19 are identified in different parts of the world. He raised concerns that vaccines could potentially not be effective against new strains, sources said. U.S. officials do not plan to drop restrictions that were adopted starting in March that ban most non-U.S. citizens who have been in most of Europe, the United Kingdom and Brazil as soon as possible, the sources said. They added that public health officials are sympathetic to the push to lift the restrictions that apply only to a limited number of countries.

Transportation

GM Reveals Electric Van and Delves Into Flying Cars (cnbc.com) 34

General Motors unveiled a new electric van and revealed potential plans to delve into flying cars, sending its stock soaring by as much as 8.8% to $48.95 a share. CNBC reports: The EV600 electric van is scheduled to go on sale later this year through a new commercial business unit of GM's called BrightDrop. The division is planning a full portfolio of electric products, not just vehicles, including a delivery pallet that was unveiled Tuesday. The potential foray into "personal air mobility" was announced as part of Cadillac's portfolio of luxury and EV vehicles. It included an autonomous shuttle and an electric vertical takeoff and landing (eVTOL) aircraft, or more commonly known as a flying car or air taxi.

Michael Simcoe, vice president of GM global design, said each concept reflected "the needs and wants of the passengers at a particular moment in time and GM's vision of the future of transportation." "This is a special moment for General Motors as we reimagine the future of personal transportation for the next five years and beyond," Simcoe said.

The flying vehicle is designed to hold one passenger and travel roughly 56 mph between rooftops and other urban destinations, according to the company. A GM spokeswoman confirmed GM has designed models of both autonomous concepts, but computer renderings were simulated during the presentation. She declined to provide other details. Despite uncertainties around personal air mobility, Morgan Stanley expects the autonomous urban aircraft market may be worth $1.5 trillion by 2040.

Transportation

Chip Shortage Hits Global Automakers (bloomberg.com) 70

A semiconductor shortage is dragging on some of the world's biggest auto manufacturers, costing Daimler, Nissan Motor, Honda Motor and Ford Motor production of a range of cars. From a report: Mercedes-Benz maker Daimler joined its German peer Volkswagen AG in announcing it's affected by the industrywide supply bottleneck, without quantifying the impact. Honda said it will cut domestic output by about 4,000 cars this month at one of its factories in Japan, while Nissan is adjusting production of its Note hatchback model. Ford is idling a sport-utility vehicle factory in Kentucky next week, pulling forward previously planned downtime due to the chip shortage.

VW, the world's biggest carmaker, announced last month that it would need to adjust first-quarter manufacturing plans around the globe because of the shortage. The company said chipmakers reassigned some of their production capacity to consumer electronics and other sectors last year and were caught off guard by surprisingly resilient auto demand. The amount of VW car output lost could be in the low six-digit range, according to people familiar with the matter.

Transportation

Hyundai Motor Says It's In Early Talks With Apple To Develop a Self-Driving Car (cnbc.com) 32

South Korean automaker Hyundai Motor said it's in the early stages of discussions with Apple over potentially working together to develop a self-driving car. CNBC reports: "We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been decided," a representative from Hyundai Motor told CNBC's Chery Kang. The statement followed a local report from the Korea Economic Daily that said Apple suggested the tie-up and Hyundai Motor was reviewing the terms. The report said both electric vehicle production as well as battery development were included in the proposal, and that the car could potentially be released in 2027. The news from Hyundai comes just days after Reuters reported that Apple is aiming to begin producing a car as early as 2024. However, it contrasts a Bloomberg report suggesting development work is still at an early stage and it will take Apple at least half a decade to launch an autonomous, electric vehicle.

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