Important Innovations

Fascinating SK & Israeli Partnership on Self-Driving Tech Source:  Hyundai Ioniq Autonomous Car Hyundai Mobis and Israel's Cognata A global partnership between Hyundai Mobis and Israel's Cognata has just been announced to accelerate to market autonomous, self driving vehicles.  Cognata develops simulation software and training data for driver assistance systems and autonomous, self driving vehicles.  Hyundai Mobis, a software provider and part of the Hyundai group, has selected Cognata to test its offerings to facilitate the use of self-driving vehicles and accelerate them to the global market .  Rolling Out Self-Driving Vehicles to Market Large scale, simulations provide the only environment where advanced driver assistance system programs (ADAS) and autonomous vehicle technology can be safely tested and validated, according to Cognata.  Cognata CEO Danny Atsmon says there is tremendous growth and momentum coming out of South Korea on both ADAS and self-driving technologie

Targets Selling 1 Million EV's a Year by 2025 Adding Big EV Production Lines Hyundai, the big automotive champion of hydrogen powered vehicles, has just decided to also aggressively go electric.  It's rapidly expanding its electric capacity to support selling $1 million electric vehicles  a year by 2025 and also grabbing a global EV market share over 10%. Hyundai's EV Offensive Hyundai has plans to introduce two production lines dedicated to electric vehicles.  One will go on line next year and another in 2024, according to an internal union newsletter obtained by Reuters.  Hyundai is also engaged in discussions with Samsung to secure batteries and other electronic components for the EV's.  EV car batteries are in short supply.  Samsung is a major battery supplier to Tesla and GM. EV Races Heating Up Hyundai, which owns Kia, is the world's 5th largest automaker.  It sold 86,434 battery EV's last year.  That's more than VW at 73,278 but far behind Tesla at 35