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Genesis

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Genesis expands its Magma line with GT3 race concept debut at Le Mans
automotive28 days ago

Genesis expands its Magma line with GT3 race concept debut at Le Mans

Genesis revealed the Magma GT3 Concept at the 24 Hours of Le Mans, a race-ready GT3 development done with Hyundai Motorsport to expand Genesis’ performance ecosystem. The car pushes a “performance-first design” approach and could become a customer GT3 racer to complement the road-going Magma GT Concept, signaling Genesis’ broader push into European and global motorsports, though a street-legal GT3 car would still be required to meet racing regulations.

Genesis Unveils Gray-Orange Livery for WEC Hypercar Debut
sports3 months ago

Genesis Unveils Gray-Orange Livery for WEC Hypercar Debut

Genesis Magma Racing revealed the gray-and-orange livery for its No. 17 GMR-001 Hypercar as it enters the FIA World Endurance Championship, featuring a South Korean flag and Hangeul for ‘Magma’ to honor its heritage. The livery accompanies the team’s “athletic elegance” design philosophy. The No. 17 lineup for the season includes Lotterer, Derani, and Mathys Jaubert, with the sister car driven by Jaminet, Chatin, and Juncadella; it remains undecided whether two or three drivers will race at Imola beyond the first round.

ICCU Flaws Put Hyundai, Kia, Genesis EVs at Risk of Power Loss, CR Finds
technology4 months ago

ICCU Flaws Put Hyundai, Kia, Genesis EVs at Risk of Power Loss, CR Finds

Consumer Reports warns that Hyundai, Kia, and Genesis electric vehicles can experience ICCU (Integrated Charging Control Unit) failures that compromise the 12-volt system and cause power loss or inoperable features, even with adequate main-battery charge. CR surveyed about 380,000 owners; ICCU-related issues affected roughly 2–10% of Hyundai/Kia EV owners, far higher than typical charging problems. The fault stems from a transistor in the ICCU failing due to overvoltage at the start or end of charging. Repairs vary from software updates to replacing the ICCU and fuse plus a coolant flush, with some costs reimbursed. Hyundai says parts are shipping and some expenses will be reimbursed; Kia has parts in stock; Genesis did not comment. The Ioniq 5 performed relatively well in CR’s testing, but ICCU reliability drags overall scores and recalls have occurred in the past.

Sega Hardware Pioneer Hideki Sato Dies at 77
news4 months ago

Sega Hardware Pioneer Hideki Sato Dies at 77

Legendary Sega hardware engineer Hideki Sato, who steered development from the SG-1000 to the Dreamcast and helped Sega contend with Nintendo, died on February 13, 2026 at age 77; as Sega’s director of R&D from 1989, he oversaw the Mega Drive/Genesis, Saturn, and Dreamcast, shaping the look and capabilities of Sega’s consoles and leaving a lasting mark on the industry.

Phil Collins Shares Ongoing Health Odyssey: Five Knee Surgeries, Kidney Issues and Sobriety
music5 months ago

Phil Collins Shares Ongoing Health Odyssey: Five Knee Surgeries, Kidney Issues and Sobriety

Phil Collins outlines ongoing health struggles in a BBC Two interview, revealing five knee surgeries and kidney problems linked to past alcohol use, while celebrating two years of sobriety. He also discusses a spinal injury and diabetes, relies on a 24‑hour live‑in nurse, and says he has stepped back from touring and studio work.

Genesis Launches Magma Racing Team and Unveils Le Mans Hypercar
automotive1 year ago

Genesis Launches Magma Racing Team and Unveils Le Mans Hypercar

Genesis has unveiled its GMR-001 Hypercar, set to debut in the FIA World Endurance Championship in 2026 and the IMSA WeatherTech SportsCar Championship in 2027. Built on an Oreca chassis, the car will feature the LMDh hybrid setup. Genesis Magma Racing, led by Cyril Abiteboul, will operate from Circuit Paul Ricard, with testing starting next summer. The launch marks Genesis' entry into high-performance motorsport, with Hyundai Motorsport playing a key role in the program.

Genesis Unveils Ambitious LMDh Racing Program with Star Drivers
sports1 year ago

Genesis Unveils Ambitious LMDh Racing Program with Star Drivers

Andre Lotterer and Pipo Derani have been announced as the first drivers for Genesis Magma Racing's LMDh program, set to debut in the FIA World Endurance Championship in 2026. Both drivers bring significant experience, with Derani joining from Action Express Racing and Lotterer from Porsche Penske Motorsport. Additionally, Genesis will partner with IDEC Sport for a 2025 European Le Mans Series LMP2 entry, featuring drivers Jamie Chadwick, Logan Sargent, and Mathys Jaubert as part of their "trajectory program."

Hyundai and Kia Recall Over 240,000 Vehicles for Safety Concerns
automotive1 year ago

Hyundai and Kia Recall Over 240,000 Vehicles for Safety Concerns

Over 240,000 vehicles from Hyundai, Genesis, and Kia are being recalled in the US and Canada due to safety issues. The recalls involve potential loss of drive power in certain electric models and transmission issues in others, increasing crash risks. Affected models include the Kia EV6, Genesis G80 EV, Hyundai Ioniq 5, and others. Owners will be notified in December and January, and are advised to take precautions or visit dealerships for repairs.

"Bitcoin Analyst Predicts 10x Price Post-Halving: What Makes This Time Different?"
cryptocurrency2 years ago

"Bitcoin Analyst Predicts 10x Price Post-Halving: What Makes This Time Different?"

Genesis, a struggling crypto-lending company, sold off 36 million shares of GBTC to acquire 32,041 BTC, valued at $2.1 billion, in a bid to address financial challenges and potential bankruptcy. This move was likely prompted by the desire to capitalize on the recent surge in Bitcoin prices and to settle debts with creditors. As Bitcoin's fourth halving approaches, whales are accumulating BTC, hinting at a bullish outlook. Analysts, including Anthony Scaramucci, anticipate a significant upside for Bitcoin post-halving, with a potential surge of six to ten times, although not immediately.