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Hyundai’s innovative ‘Drill Lance’ tackles EV fires: A safety breakthrough

Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. 

I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.

We’ve all heard that EV fires have these runaway thermal events that burn long and hot, and are hard to put out.

While EV fires are far less likely than internal combustion engine fires, the have their own nuances and need to be taken seriously.

This week, Hyundai Glovis, a division of the Hyundai business, has introduce what they call an “EV Drill Lance” to enable them to put out EV fires on their car carriers.

The Drill Lance can extinguish EV fires within 30 minutes by drilling the underside of a car to reach the battery pack and spraying water directly into the battery pack.

The system operates by using water from a fire hydrant, which is fed through a hose to power a turbine that drives the drill.

The drill can penetrate the vehicle’s underbody and battery pack within two minutes. Once water is sprayed into the battery pack, the fire can be extinguished within 30 minutes.

Hyundai Glovis has modified the EV drill lance to be suitable for maritime transport, equipping its car carriers with the system.

The device’s handle length can be adjusted for use between tightly parked vehicles on the ship, and LED lights have been added to help identify installation points in low-visibility conditions caused by battery fire gases.

Hyundai Glovis plans to equip 32 of its own car carriers with the EV drill lance first and roll it out to its chartered vessels. 

As of the first half of this year, the company operates 90 car carriers, including 32 owned vessels

So, with that, let’s transition to Our Companies to Watch.

Every week we highlight interesting companies in the automotive technology space to keep an eye on. If you read my weekly Intel Report, we showcase a company to watch, and take the opportunity here on this segment each week to share that company with you.

Today, our new company to watch is RepairWise

RepairWise offers Tesla owners a fast, affordable vehicle repair that you can trust.

Consumers can find out if their Tesla needs repairs without leaving home.

They connect remotely to the consumer’s vehicle using Tesla’s secure service tools, figure out what needs work, and locates a trusted shop to fix the vehicle in less time it takes to make a dealership appointment.

The service helps consumers to find the best price for their repair from their trusted partners. They only partner with Tesla-trained technicians.

Their repair partners instantly get all the required information and order necessary parts in advance to get consumers back on the road as soon as possible.

If you’d like to learn more about RepairWise you can check them out at www.RepairWise.pro



So that’s it for this week’s Future of Automotive segment.

If you’re an AutoTech entrepreneur working on a solution that helps car dealerships, we want to hear from you. We are actively investing out of our DealerFund.

If you’re interested in joining our Investment Club to make direct investments into AutoTech and Mobility startups, please join. There is no obligation to start seeing our deal flow, and we continue to have attractive investment deals available to our members.

Don’t forget to check out my book, The Future of Automotive Retail, which is available on Amazon.com. And keep an eye out for my new book, “The Future of Mobility”, which is almost done, and will be out soon.

Thanks (as always) for your ongoing support and for tuning into CBT News for this week’s Future of Automotive segment. We’ll see you next week!

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Steve Greenfield
Steve Greenfield
Steve is the Founder and CEO of Automotive Ventures, an automotive technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. They also assist PE firms to conduct due diligence on automotive technology acquisitions, advise technology CEOs on strategy, and help represent sellers at the time of sale.

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