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Hyundai finally settles inflated fuel economy claims lawsuit for $41.2 million

Remember when Hyundai and Kia changed their claimed fuel economy numbers for a bunch of models? That happened back in 2012, and Hyundai has finally settled a lawsuit concerning the economy adjustment with a payment of $41.2 million. The lawsuit was filed by 33 state attorneys general, as well as one from Washington D.C. Each state will decide how to use its money from the settlement. According to Hyundai, this settlement was an "amicable agreement," and the company also denies any wrongdoing in changing claimed fuel economy numbers. Hyundai also reports that the agreement was reached, in part, due to the reimbursement program instituted after the economy adjustment. This program allows owners to be reimbursed the extra fuel cost, with payments determined by miles driven. The payments are sent after an owner has an affected car's odometer checked by a dealer. In addition, Hyundai also offered lump-sum payments as an option after the results of a class-action lawsuit. So far, the company reports about 75 percent of eligible owners have participated in the program. This isn't the only major payment Hyundai has made concerning the fuel economy issue. In 2014, Hyundai paid roughly $300 million in fines to the EPA. The company was also sued for inflated fuel economy claims in South Korea. In the US, models affected by the adjustment include the Hyundai Santa Fe, Accent, Veloster, Sonata Hybrid, Tucson, Genesis and Azera, along with the Kia Soul, Rio, Sorento, Sportage and Optima. Related Video: Image Credit: Patrick T. Fallon/Bloomberg via Getty Images Government/Legal Green Hyundai Kia

Genesis' decision to build the Electrified GV70 in America is a sign of things to come

As Steely Dan famously sang, they call Alabama the Crimson Tide. Here in Montgomery, we’re knee-deep in a Green Tide thatÂ’s transforming the business of building and selling cars. The high-style Genesis Electrified GV70 emerging from Hyundai Motor Manufacturing Alabama (HMMA) is the first Genesis built outside South Korea. ItÂ’s only the second made-in-America EV from a foreign-based automaker, after the Volkswagen ID.4 whose Tennessee production kicked off in July.  Get ready for many more. Spurred by the Inflation Reduction Act — whose final interpretations and outcomes remain in Washingtonian flux — automakers foreign and domestic are scrambling to onshore EV-and-battery production to boost American jobs and security, as a condition to securing lucrative tax incentives for manufacturers and consumers. Beginning in 2024, qualifying for EV credits may even require sourcing a hefty percentage of minerals and other battery materials from America or approved trade partners, a list that conspicuously does not include China or Russia. As things stand, that sticking point could make a vast number of 2024 EVs ineligible for purchase credits; though leasing a vehicle may still earn dealers a $7,500 commercial credit that they could pass along to consumers, as most currently do for EV lessees.  The electric version of GenesisÂ’ most-popular SUV is the avatar of Hyundai MotorÂ’s $10 billion American EV investment, which is expected to foster up to 8,000 good-paying jobs. Even thatÂ’s a fraction of what Atlas Public Policy estimates to be $128 billion in industry-wide investment in AmericaÂ’s EV, battery and recycling capacity through 2030 alone. HyundaiÂ’s planned onshore footprint includes a new battery factory northwest of Atlanta, and a $5.5 billion EV factory near Savannah that aims to produce Hyundai, Kia and Genesis EVs beginning in 2025. Beginning that year, Genesis says every new model introduced will be an EV, with no fossil-fuel option. And Genesis plans to phase out gasoline-powered models entirely by 2030, a similar timeline to luxury brands including Volvo and Cadillac. In Alabama, where Hyundai also builds the Elantra, Sonata, Santa Fe and Santa Cruz, an Electrified GV70 is hoisted onto a lift for the final stop on its 16-hour assembly journey.

Hyundai needs to make the Ioniq Scooter

In the mad rush that is an auto show press conference, sometimes the coolest stuff is sometimes barely mentioned, and often overshadowed, by the bigger news. Hyundai's awesome Ioniq Scooter concept is a perfect example of this. Revealed at this year's CES, it was given just 45 seconds of talk time in a 45 minute conference. The scooter's sleek design and clever charging spot struck me as the one of the most practical and fleshed out mobility solutions on display at the show. Now I'm on a one-man mission to convince Hyundai to build it. The Ioniq Scooter is a compact, collapsible, and lightweight electric scooter that (and this is my favorite part) stows and charges in the door pocket of the upcoming Hyundai Ioniq. You can park your car, pop out the scooter and ride what's referred to in the mobility industry as the "last mile." Driving is usually the easiest part of any journey. Roads are all connected and relatively easy to navigate. Everything after that - parking, walking, etc. - often takes just as much time and effort as driving. The scooter helps solve this problem. View 6 Photos For me, the little electric scooter was the best thing in Hyundai's sci-fi filled booth. The automaker brought out two working robot exoskeletons and a car concept that is literally meant to be built into your home. There was an autonomous Ioniq giving test rides down the Las Vegas strip. Despite all of that, all I wanted to do was break the glass case holding the scooter silently ride away. In person, the Ioniq scooter appears relatively lightweight and extremely compact. It's partially constructed from carbon fiber and has a small display that shows battery life, speed, and range. You use a small knob on the handle bar to accelerate and brake. Alternatively, you can slow down by pushing a pad over the rear wheel, just like on a kick scooter. Top speed is 12 mph and the total range is about 12 miles. It's unclear if the battery can be swapped out to extend the distance before recharging. The Ioniq scoter is just a prototype, so we have no idea how much it would cost to put it into production or if Hyundai has any plans to even do so. What we do know is that a working prototype exists and that we would love to get a chance to ride it. Like our endeavor to drive a Citroen C4 Cactus, I'm on a mission to ride the Ioniq scooter. In my eyes, this scooter is the modern equivalent to a Honda Motocompo, but more practical.