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Is the sedan market dying? Only 2.5% of Hyundai sales come from sedans.

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March 5, 2024

Is the sedan market dying? Only 2.5% of Hyundai sales come from sedans.

Hyundai Motor reported a slight decrease in global sales for February, selling a total of 314,909 vehicles worldwide, representing a 4.1% drop compared to the same period last year. Domestic sales in South Korea also experienced a decline, with 47,653 vehicles sold, marking a 26.7% decrease from the previous year. However, international sales showed a positive trend, with 267,256 cars sold, indicating a 1.5% rise.

Among the vehicles sold in February, Hyundai Motor moved a total of 7,776 sedans, including popular models such as 3,963 Azera, 1,423 Sonata, and 2,292 Accent. The luxury brand Genesis also contributed to the sales figures, selling a total of 10,582 vehicles, comprised of 3,256 G80s, 4,652 GV80s, and 1,805 GV70s.

Hyundai Motor attributed the decline in sales to various factors, including the ongoing construction of electric vehicle capacity at the Asan plant and production line adjustments at Ulsan Plant No.3. These operational changes resulted in the suspension of production for certain models like the Azera and Elantra.

Furthermore, the company noted that the fewer working days in January due to the Chinese New Year holiday and delayed subsidy policies for electric vehicles impacted the overall sales volume in February. The delayed subsidy announcement led to minimal sales of electric vehicles during the month, contributing to the overall sales downturn.

Overall, despite the challenges faced in February, Hyundai Motor remains optimistic about future sales performance as it continues to navigate market conditions and adapt to changing consumer preferences.

‘The trend of ‘mewing’ among teenagers: What it’s all about’

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March 5, 2024

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‘The trend of ‘mewing’ among teenagers: What it’s all about’

Mewing: The Latest Teen Trend Explained

Mewing has become the newest trend among teens, causing concern for parents everywhere. This trend isn’t just a slang term – it’s an actual practice. According to the American Association of Orthodontists (AAO), mewing is a DIY facial restructuring method where individuals push their tongue against the roof of their mouth to achieve a tighter and slimmer jawline.

However, the dentistry world does not universally recognize mewing. The AAO points out that there is limited scientific evidence supporting mewing’s claims of sculpting the jawline. Facial structure is influenced by a combination of genetics, bone growth, and muscle development, making it unlikely that simply changing tongue placement will magically correct misaligned teeth or reshape the jawline.

Teens have added their own twist to mewing by including additional steps, such as placing a finger over their lips in a “Shhh” motion and tracing one side of their jaw from top to bottom.

Philip Lindsay, a special education math teacher from Payson, Arizona, who decodes teen slang on TikTok, notes the popularity of mewing among students. He explains that when teens use the mewing gesture, it’s a way of signaling that they cannot answer a question at that moment because they are “working on their jawline.”

Despite the prevalence of mewing in schools, Lindsay clarifies that students don’t actually believe it will excuse them from answering questions. The trend is seen as a way to “looksmax,” a term defined by Urban Dictionary as physically improving one’s appearance to become more attractive or likable.

Looksmaxxing, particularly through “softmaxxing” like mewing, is a trend among teen boys as per the New York Times. Lindsay, as an educator, acknowledges slang and trends like mewing as long as they are not disrespectful or disruptive in the classroom.

He emphasizes the importance of maintaining a balance between fostering relationships with students and upholding classroom rules. While he allows for some humor and expression, Lindsay reminds students to prioritize answering questions over engaging in trends like mewing.

By approaching trends like mewing with a level of understanding and not taking them too seriously, Lindsay aims to reduce their impact and disruption in the classroom.

Does Afterpay work at Macy’s?

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March 5, 2024

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Modern consumers have a plethora of payment options available to them, from digital solutions to traditional credit cards. In the current shopping landscape, there has never been such a robust array of choices for buyers. Amid this sea of options, one burning question many shoppers have is whether Macy’s accepts Afterpay.

Macy’s is a well-known and trusted brand in the United States, with over 350 stores still operating in the country. Known for its wide range of clothing, home furnishings, and accessories, Macy’s offers quality products that appeal to many consumers. However, the prices of these products can sometimes be a barrier to purchasing for some shoppers.

Afterpay, a popular digital payment system, allows users to buy now and pay later. This means that customers can make purchases without having the funds available upfront, instead paying off the transaction over time while Afterpay covers the cost initially.

So, does Macy’s accept Afterpay? According to recent information, Macy’s does indeed accept Afterpay from its customers. To complete a transaction using Afterpay at Macy’s, users need to download and log into the Afterpay mobile application. The app features a convenient store search function that lets shoppers easily find stores that accept Afterpay as a payment method.

After entering Macy’s in the search feature, shoppers will be redirected to the official online store. From there, they can shop, add items to their cart, and proceed to checkout. During checkout, users can select Afterpay as their payment method and complete the purchase.

Afterpay offers flexible payment plans, allowing users to pay over 6-12 months or in 4 interest-free installments. The system does not charge late fees, making it easier for consumers to manage their purchases. Additionally, Afterpay works with a variety of merchants, and users can explore different options by searching for their desired store within the app.

In conclusion, Macy’s does accept Afterpay as a payment method, making it easier for shoppers to access their favorite products and pay for them over time. With Afterpay’s user-friendly mobile app and flexible payment options, consumers can enjoy a seamless shopping experience both online and in-store.

‘The Luft Pinoy combines electric vehicle and eVTOL technology’

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March 5, 2024

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‘The Luft Pinoy combines electric vehicle and eVTOL technology’

The Philippines is set to become the first country to unveil a groundbreaking combination electric minivan and electric vertical take-off and landing (eVTOL) vehicle. Designed by LuftCar LLC in partnership with eFrancisco Motor Corporation (eFMC), the innovative vehicle, known as the Luft Pinoy, is a unique concept tailored for the Philippine landscape.

What makes the Pinoy stand out from other flying car concepts is its dual functionality as an electric minivan and an eVTOL powered by hydrogen, reducing reliance on fossil fuels and promoting cleaner air. This two-piece design allows for seamless island-hopping, with the minivan able to dock with the eVTOL segment for flights between islands.

eFMC is responsible for designing the van’s chassis, while Luft focuses on the rest of the vehicle. The first prototype is expected by the end of 2024, with initial applications in defense and cargo transport. The design is specifically catered to the Philippines’ archipelagic geography of over 7,100 islands.

The versatility of the Luft Pinoy enables it to navigate the islands with ease before transitioning to flight mode for inter-island travel. While flying cars are a growing trend in the tech and vehicle industry, widespread public use remains far off due to regulatory constraints and infrastructure requirements.

In contrast to other high-speed flying car concepts, the Luft Pinoy offers a more modern and practical design. This innovative vehicle represents a significant step towards sustainable and efficient air and road transport in the Philippines.

(Source: BGR)

Electric Range Rover SUV Targets Porsche Macan EV

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March 5, 2024

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Electric Range Rover SUV Targets Porsche Macan EV

The launch of Jaguar Land Rover’s electric vehicles in 2021 was initially set to include six EVs by 2026, with two being Jaguars. However, the plan has been altered to four EVs, with the specifics of the delayed models yet to be disclosed.

Among the foremost priorities for the British automaker is the introduction of the larger Range Rover, preceding the unveiling of the electric Velar replacement. The teasers released late last year hint that the next-generation Velar, which is expected to compete directly with the Porsche Macan EV, will emphasize on-road performance and luxury. The smaller EV is expected to utilize the EMA platform, with production slated to begin before 2025 ends.

Jaguar Land Rover has decided to individualize Jaguar, Discovery, Defender, and Range Rover as their distinct brands, each with its own design language. A recent test vehicle offers the first glimpse into the future plans of the Range Rover brand.

While official specifications for the upcoming EVs are yet to be released, JLR has indicated that the electric Range Rover will match the performance of the current flagship Ranger Rover V8. It will incorporate an 800-volt architecture and boast towing, wading, and off-roading technology that surpasses other luxury electric SUVs.

‘Committee to Markup Legislation on Pipeline Infrastructure Modernization and Consumer Choice’

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March 5, 2024

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‘Committee to Markup Legislation on Pipeline Infrastructure Modernization and Consumer Choice’

The House Energy and Commerce Committee is taking steps to modernize America’s pipeline infrastructure and protect the freedom of choice when it comes to home appliances. Committee Chair Cathy McMorris Rodgers and Subcommittee Chair Jeff Duncan have announced a subcommittee markup of six bills aimed at strengthening the nation’s pipeline safety laws and modernizing the pipeline permitting process.

According to Chairs Rodgers and Duncan, the Energy and Commerce Committee has a history of enacting solutions that improve people’s livelihoods, freedoms, and access to affordable, reliable energy. The legislation being considered includes the Pipeline Safety, Modernization, and Expansion Act of 2023, as well as bills to prevent the Secretary of Energy from enforcing energy conservation standards on appliances that are not cost-effective or technologically feasible.

The subcommittee markup is scheduled for Wednesday, March 6, 2024, at 10:00 AM ET in the Rayburn House Office Building. The public and press are invited to attend the livestreamed event online. For more information, contact Kaitlyn Peterson at Kaitlyn.Peterson@mail.house.gov for general inquiries or Sean Kelly at Sean.Kelly@mail.house.gov for press-related questions.

‘The Filipino Air System combines electric vehicle and eVTOL technology’

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March 5, 2024

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‘The Filipino Air System combines electric vehicle and eVTOL technology’

LuftCar LLC, in partnership with eFrancisco Motor Corporation (eFMC), is set to introduce a groundbreaking combination electric minivan and eVTOL in the Philippines. The innovative vehicle, named the Luft Pinoy, distinguishes itself from other flying car concepts by being designed as both an electric minivan and an electric vertical take-off and landing vehicle, all while being powered by hydrogen for a more sustainable operation.

Unlike traditional flying car designs that incorporate wings into the chassis, the Luft Pinoy features a unique two-part system that allows the minivan to seamlessly connect with the eVTOL segment. This design makes it ideal for island-hopping around the Philippines, given the country’s archipelagic geography comprising over 7,100 islands.

eFMC oversees the chassis design of the minivan, while Luft takes charge of the overall development. The first prototype of the Luft Pinoy is expected to be completed by the end of 2024, with initial applications targeted towards defense and cargo transportation. The eVTOL’s design is specifically tailored to meet the transportation needs of the Philippines, making it a practical solution for inter-island travel.

The versatility of the Luft Pinoy allows it to navigate the islands on land and then seamlessly transition to air travel by docking with the eVTOL portion. While flying cars represent a growing trend in technological innovation, there are still regulatory challenges and restrictions that need to be addressed before they become a viable mode of public transportation.

Overall, the collaboration between LuftCar LLC and eFrancisco Motor Corporation marks a significant step forward in the development of eco-friendly and efficient transportation solutions tailored for the unique geographical challenges of the Philippines.

Statement on Proposed Advanced Reactor Licensing Framework

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March 5, 2024

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Statement on Proposed Advanced Reactor Licensing Framework

U.S. Senator Tom Carper, Chairman of the Senate Environment and Public Works Committee, recently announced the Nuclear Regulatory Commission’s (NRC) decision to publish a proposed rule and draft guidance for the licensing process of commercial nuclear power plants, known as the Part 53 rulemaking.

Senator Carper expressed his satisfaction with the NRC’s improvements to the proposed rule, highlighting the support for the next generation of nuclear reactors. He commended the Commission for their work and public engagement that led to this rulemaking, noting that they are ahead of schedule with the announcement.

As Chair of the Senate Environment and Public Works Committee, Senator Carper reiterated his commitment to advancing safe, clean, and American-made advanced nuclear energy. He mentioned working towards getting the ADVANCE Act to the President’s desk to further support this goal.

The Nuclear Energy Innovation and Modernization Act (NEIMA) of 2019, supported by Senator Carper, mandated the NRC to establish a regulatory framework for advanced nuclear technologies. Following the release of the draft proposed Part 53 rule last year, Senator Carper and other lawmakers urged the NRC to review and enhance the licensing framework to align with Congressional intent.

In conclusion, Senator Carper’s efforts aim to promote the development of advanced nuclear technologies in the United States, emphasizing safety, cleanliness, and innovation in the nuclear energy sector.

Blue Origin Aims to Land on Moon by 2025

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March 5, 2024

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Blue Origin Aims to Land on Moon by 2025

Blue Origin, the space company founded by Jeff Bezos and a competitor of SpaceX, has set its sights on a 2025 uncrewed moon landing. John Couluris, Blue Origin’s Senior Vice President for Lunar Permanence, revealed this information during a recent interview. Although a specific date has not been finalized, the team working on Blue Origin’s Pathfinder version of the Mark 1 cargo lander is aiming for a moon landing within the next 12 to 16 months.

If the 2025 moon landing is successful, Blue Origin may follow up with a crewed mission shortly after. This milestone would be significant for the company, which has been trailing behind its main rival, SpaceX. The successful completion of the moon landing mission would demonstrate Blue Origin’s capability to deliver three tons of payload to any lunar location.

Landing on the moon is a complex and challenging endeavor, as evidenced by past attempts by various entities. Blue Origin envisions creating multiple cargo landers that can be stationed in lunar orbit, ready to transport cargo to the moon’s surface as needed. Additionally, the company plans to develop a crewed version of the lander to ferry NASA astronauts between the lunar surface and orbit.

The current Mark 1 lander is a one-time use vehicle, but insights gained from its mission will inform the development of reusable landers that can be refueled in orbit. While NASA is providing support for other Blue Origin moon missions, the Pathfinder mission is a project that the Bezos-owned company will manage independently. This approach underscores Blue Origin’s commitment to advancing space exploration and establishing a strong presence in the realm of lunar missions.

Maximize Member Engagement with Subscription Management on Digital Platforms

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March 5, 2024

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Maximize Member Engagement with Subscription Management on Digital Platforms

Credit unions across the country are investing in the modernization of their digital banking platforms to enhance member experiences through mobile and online channels. However, simply developing these technologies does not guarantee increased member engagement, leading credit union executives to seek ways to maximize the impact of their investments.

In today’s economic climate, consumers are looking for tools to improve their financial wellness and save money on everyday expenses. One area often overlooked is subscription management, with up to 80% of U.S. consumers overpaying on monthly bills due to unwanted or unused recurring services. This includes subscriptions that started as “free” trials and converted into paid services, particularly in the streaming industry where consumers spend an average of over 0 annually on services alone.

Many consumers unknowingly have multiple subscriptions for the same service or continue to pay for services they no longer use. The difficulty in canceling subscriptions, intentionally created by service providers, has even caught the attention of federal regulators.

Credit unions have a unique opportunity to assist their members in managing their subscriptions more effectively. By providing visibility into their members’ subscriptions and offering easy cancellation options within mobile banking apps, credit unions can establish themselves as true financial wellness partners. This not only benefits members’ wallets but also strengthens the relationship between credit unions and their members.

As consumer expectations for mobile and digital banking continue to evolve, credit unions must prioritize innovative digital banking solutions that cater to their members’ needs and preferences. Those credit unions that embrace this shift and implement user-centric digital banking technologies will experience higher levels of member engagement and more meaningful interactions within the digital banking environment.

Marc Miller, Chief Revenue Officer of Constellation Digital Partners, emphasizes the importance of digital banking solutions that empower credit unions to deliver a personalized and innovative banking experience to their members. Constellation’s open development platform enables credit unions to explore new fintech services that align with their digital strategy and enhance member satisfaction.