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Faraday Future unveiled the FF 91, its first production EV, at CES in Las Vegas Tuesday night. Unlike the fantasy racecar at last year’s show, the FF 91 (pronounced “nine-one”) actually moved and drove—drove itself, parked itself, and did 0-60 in 2.39 seconds live onstage (with a driver). Also unlike last year’s car, Faraday has plans for the FF 91, including the production of 300 limited editions in March and mass production sometime in 2023.
What was like last year’s show was the raft of big promises. The FF 91 is “the first of a new species,” said Nick Sampson, senior vice president of R&D and engineering. Sampson and other Faraday Future presenters heralded the FF 91’s unparalleled intelligence, cutting-edge design, fast charging, and pure, raw speed. They even promised a mobility ecosystem where the car would provide connectivity, convenience, and customization to enhance the user’s driving experience. Faraday Future
The interior of Faraday Future’s FF 91 is designed to be luxurious, and customizable to the driver’s and passengers’ needs.
That’s big talk from a company with known financial troubles, underscored by a recent, steady stream of executive departures. Key players remain, like Sampson and Richard Kim, the vice president of design. Still, it’s hard to know what FF can realistically accomplish in a still-volatile EV market. Consider that Tesla, a far more established EV company, still struggles with financial and production problems.
Faraday Future’s job on Tuesday night was simply to prove it has something real. It started by showing how the FF 91 could park itself, which it did live in the lot outside of the press conference.
The demo had its hiccups: The car took a long time to find the free spot, and as with other automated parking systems we’ve seen, it had to drive itself all the way past the parking spot to see it as empty, whereas humans can see the spot ahead and go straight into it.
Faraday Future
Faraday Future showed off the automated parking feature on the FF 91.
The FF 91 can drive itself because it contains a raft of sensing technology, far more than I’ve seen on any other self-driving car prototype: 10 front- and rear-facing cameras; 13 long- and short-range radars; 12 ultrasonic sensors; and one high-definition 3D LiDAR.
That LiDAR is distinctive for being integrated into the hood of the FF 91. Where other automakers are trying to hide this bulky component, Faraday Future gave its LiDAR a glowing blue circle to show when it’s operating, and it can also rise out of the hood like a high-tech periscope.
Faraday Future
Faraday Future tested the acceleration of its FF 91 against the Tesla Model X (shown) and other prominent competitors.
Savagian got to show the sizzle. He started with videos of 0-60 acceleration tests that pitted the FF 91 against Tesla, Ferrari, and Bentley competitors. All EV fans know that one of the joys of the technology is the instant torque that shoves you back in your seat while traditional transmissions are still working their way through the gears. Guess what: The FF 91 smoked them all.
To underscore the results, Savagian trotted out all the competitors to repeat their 0-60 acceleration tests live onstage. As each car shot away, Savagian took swipes at all the noise and smell from the Ferrari and Bentley’s internal combustion engines, compared to the swift, yet silent Tesla and Faraday Future cars. The FF 91 smoked them all again, though by a mere hundredths of a second over the Tesla Model S 100D. Melissa Riofrio
Faraday Future’s CES press conference included live acceleration tests from Ferrari, Tesla, and Bentley automobiles, as well as its FF 91.
Okay, so the car can move. The next step is to make more of them. Faraday Future is starting with a splashy soft launch, where it will sell 300 limited editions of the FF 91 in March—yes, just two months away. The company will also assert its environmental friendliness by donating part of the profit from the limited edition to an environmental group yet to be named, and auctioning off an FF 91 for the direct benefit of that group.
Making 300 cars is a good start, but it’s another thing altogether to mass-produce thousands. Faraday Future said it would start doing that sometime in 2023, and it opened reservations for those cars Tuesday night. All you have to do is plunk down $5,000 (refundable) to get in line for the FF 91. Faraday Future
Faraday Future’s FF 91 is shown as it prepares to accelerate from 0 to 60 in less than 2.4 seconds.
The fact that this deposit is five times bigger than the $1,000 deposit for the Tesla Model 3 doesn’t mean the FF 91 will cost five times as much in total—Faraday Future actually hasn’t set a price yet, though given all the technology, it will likely be expensive. The higher deposit does suggest that Faraday Future is looking for serious and well-heeled buyers. If you want one of the special limited editions coming in March, you’ll need to upgrade that reservation deposit by an unspecified amount.
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What Is An Accrued Expense?
Accrued Expense
The type of expense that is recognized when incurred but not yet paid
Written by
Jeff Schmidt
Published April 2, 2023
Updated February 14, 2023
What is an Accrued Expense?Accrued expense is a concept in accrual accounting that refers to expenses that are recognized when incurred but not yet paid.
In some transactions, cash is not paid or earned yet when the revenues or expenses are incurred. For example, a company pays its February utility bill in March, or delivers its products to customers in May and receives the payment in June. Accrual accounting requires revenues and expenses to be recorded in the accounting period that they are incurred.
Since accrued expenses are expenses incurred before they are paid, they become a company liability for cash payments in the future. Therefore, accrued expenses are also known as accrued liabilities.
Key Highlights
Accrued expenses, also known as accrued liabilities, are expenses recognized when they are incurred but not yet paid in the accrual method of accounting.
Typical accrued expenses include utility, salaries, and goods and services consumed but not yet billed.
Accrued expenses are recorded in estimated amounts, which may differ from the real cash amount paid or received later.
Accrual AccountingThere are two types of accounting methods: the accrual method and the cash method. The major difference between the two methods is the timing of recording revenues and expenses. In the cash method of accounting, revenues and expenses are recorded in the reporting period that the cash payment is made. This makes it a simpler method of accounting.
The accrual method of accounting requires revenues and expenses to be recorded in the period that they are incurred, regardless of the time of payment or receiving cash. Since the accrued expenses or revenues recorded in that period may differ from the actual cash amount paid or received in the later period, the records are merely an estimate. The accrual method requires appropriate anticipation of revenues and expenses.
Although it is easier to use the cash method of accounting, the accrual method can reveal a company’s financial health more accurately. It allows companies to record their sales and credit purchases in the same reporting period when the transactions occur.
Therefore, the accrual method of accounting is more commonly used, especially by public companies. International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) both require companies to implement the accrual method.
Understanding Accrued ExpensesAccrued expenses or liabilities occur when expenses take place before the cash is paid. The expenses are recorded on an income statement, with a corresponding liability on the balance sheet. Accrued expenses are usually current liabilities since the payments are generally due within one year from the transaction date.
Some typical cases of accrued expenses include:
Goods and services have been consumed, but bills have not yet been received.
The utility is consumed in one month, and the bill is received in the next month.
Salaries are not paid to employees until the end of the payment period.
At the end of each recording period, a company should properly estimate the dollar amount for each of its accrued expenses, and then record it as an expense account with a corresponding payable/accrued expense liability.
Accrued expenses exampleFor example, a company consumes $5,000 utility in February. The expense for the utility consumed remains unpaid on the balance day (February 28). The company then receives its bill for the utility consumption on March 05 and makes the payment on March 25.
On the balance day, the accrued expense of utility is treated as a current liability (accounts payable or accrued expense) owed to the utility company, and an expense (Utility Expense) incurred by the company in February.
Accrued expenses and prepaid expensesA related concept under accrual accounting is prepaid expenses. Accrued expenses represent the expenditures incurred before cash is paid, but there are also cases where cash is paid before the expenditures are incurred. Such expenditures are known as prepaid expenses.
Prepaid expenses are an asset on the balance sheet, as the goods or services will be received in the future. Like accrued expenses, prepaid expenses are also recorded in the reporting period when they are incurred under the accrual accounting method. Typical examples of prepaid expenses include prepaid insurance premiums and rent.
In the reporting period that the cash is paid, the company records a debit in the prepaid asset account and a credit in cash. In the later reporting period when the service is used or consumed, the firm will record a debit in expense and a credit to the prepaid asset.
Video Explanation of Accrued ExpensesWatch this short video to quickly understand how accrued expenses work.
Additional ResourcesAccounting Transactions
Philosophy of Accounting
Prepaid Expenses
See all accounting resources
Is The New Ubuntu Phone An Android
Ever since Canonical announced it was working on a Ubuntu-powered phone, the Ubuntu community has greeted the idea with enthusiasm. This initial reaction is understandable as a Ubuntu-powered phone could be the Android alternative that some Linux enthusiasts are looking for.
On the plus side, a Ubuntu phone wouldn’t share Android’s dependence on Java technology. Additionally, it has the potential to offer greater speed with less application overhead.
For many, the idea of a new platform coming into the mobile market seems exciting. However, Android and iOS have already established themselves as the two major players jockeying for control in this space. Ubuntu would have to compete with these two existing, more established players. Which begs the question: Is the Ubuntu phone unique enough to break through?
When Canonical first published the Ubuntu phone announcement, I was skeptical about how successful it could become. Making matters more complicated, I found out that the target for this mobile Ubuntu release wasn’t necessarily geeks only. It turns out that the Ubuntu phone project is designed to appeal to new users of smartphones as well as existing smartphone enthusiasts.
In my opinion, this is spreading the Ubuntu phone project too thin. Pitting the Ubuntu phone against Android and iOS is a foolish decision—not because the other mobile OSes are superior, but rather because of the challenges the Ubuntu phone faces to become relevant within non-geek circles.
So what are the challenges that Ubuntu must overcome?
First, the platform must offer familiar apps. Sure, titles like Skype will be made available. But what about the app titles we see on TV or use on our Android phones outside of the international brands?
The Ubuntu team has made great strides to ensure that development tools are available, but they could end up facing adoption challenges early on. I’m concerned that the existing application ecosystems within Android and iOS may make anything Ubuntu does in the mobile space too little too late.
The next potential issue I see is the Ubuntu phone going “head to head” with Microsoft’s Windows Phone. Earlier I mentioned that the Ubuntu phone was positioning itself to appeal to smartphone newbiews. Can Ubuntu also compete here? Will the Ubuntu phone offering phone-to-desktop technology be enough to lure Windows Phone users away from the Microsoft OS?
Honestly, I don’t see Canonical making any more headway than the Windows Phone has with people who simply settle for the cheapest free smartphone available. New users aren’t the marketable group where I see Ubuntu making the most headway. Instead, I think the existing Ubuntu community is going to be the easiest group of individuals to convert away from their preferred mobile OS.
The Ubuntu phone’s best chance for success will likely come from existing Ubuntu users who are willing to flash their existing Android handsets to run an Ubuntu image. This OS image would take existing Android handsets and turn them into fully functional Ubuntu phones relying on Android drivers.
I also see these early adopters as more forgiving about the lack of popular iOS and Android app titles than more casual smartphone users. Despite this pass from Ubuntu enthusiasts, unless a typical Android user’s existing library of Android apps is available on the Ubuntu phone, I think any wide scale OS switching is unlikely.
One plus side to the Ubuntu phone is the support for native-core applications. It’s possible the Ubuntu phone could gain enough traction with mobile app adoption and fill in anything that’s missing with Web apps. Because we’re still so early in the development cycle, app development could surprise me and become a huge success early on.
Another positive note is that the Ubuntu community isn’t alone with their excitement about the Ubuntu phone. All over the Web, news sources from CNN to other tech websites have expressed their opinions about how things could turn out for the Ubuntu phone. The project is gaining buzz, and that excitement is proving contagious. With all of the conflicting conclusions found in the media, one thing is for certain—the Ubuntu phone is gaining a lot of badly needed attention. And that can only mean good things for all involved in the project.
An Unprecedented Locust Swarm Is Creating Unlikely Allies
Lou Del Bello is a climate and energy journalist currently living in New Delhi. This story originally featured on Undark.
The farmer stands in front of his barren field, dotted with stunted cumin plants. Before the locust invasion this past January, the land was green with cumin, mustard, and chickpea plants. Twenty minutes were enough for the insects—a type of grasshopper—to destroy nearly all of it. Only the small bushes under a large tree were spared because locusts won’t eat in the shade, says Ummed Singh, who lives with his wife and four children in a small village in the arid state of Rajasthan, India, about an hour’s drive from Jaisalmer, the last outpost before the high security border with Pakistan.
Since December 2023, an international locust outbreak of exceptional severity spread across the Horn of Africa and the Middle East before moving on to Asia. Scientists say that climate change may have played a role in this incursion. In 2023, eight cyclones developed in the western part of the Indian ocean, bringing heavy rains to farmland, says Keith Cressman, senior locust forecasting officer with the United Nations Food and Agriculture Organization (FAO). When it comes to cyclones, he says, past years have brought just one, or even none, to the region. Locust breeding is directly tied to soil moisture and food availability, so rain patterns have a strong influence on locust populations.
Scientists and government officials agree that countries in the region—including India and Pakistan—must coordinate their efforts to minimize the damage of future swarms. A locust flare-up would be an equally serious threat on either side of the India-Pakistan border, says Muhammad Tariq Khan, technical director of the Department of Plant Protection, a branch of Pakistan’s National Food Security and Research agency. So far, the two nations have been able to set aside their political differences to address the locust problem, says Khan. But cross-border conflict anywhere in the wider region has the potential to disrupt economies and food security.
When conflict does break out, the FAO can serve as a neutral broker, says Cressman. He mentions that the 1979 revolution in Iran disrupted locust management cooperation between Iran and Pakistan. In the 1990s, both countries appealed to FAO to help them rekindle the dialogue. In addition to serving as an intermediary, the FAO collects data from all affected regions around the world, putting them online, so countries can plan monitoring actions or pesticide spraying.
For small farmers like Singh, the stakes are high. “This is the first time we’ve experienced this type of locust attack,” he says through a translator. As a child, he’d heard stories of devastating swarms, but until now, he had never witnessed one personally. “Sometimes I think I should commit suicide,” he says. The disaster “ruined everything. Not only me, but also my family are feeling that.”
Singh owns about 30 acres of land, and the locusts caused approximately $67,400 in damages. The government offered just a tiny percentage as compensation. Now that locusts have destroyed his crops, he will have to clear the land and plant again—a task that will require employing laborers and buying supplies. His entire family is bearing the brunt of this. Singh says his 14-year-old son has lost interest in studying and eating. Before the devastation he weighed 66 pounds, says Singh. Now the boy is down to just 48 pounds.
A mature desert locust can eat its own weight in food every day. While this may seem small—a locust only weighs two grams—a relatively small swarm can contain 40 million locusts. Such a swarm would consume as much food in one day as 35,000 people. And locusts can travel large distances in a short period of time, nearly 100 miles per day, says Cressman. This means that a swarm originating in Yemen could theoretically hit India in just two weeks.
The desert is not an easy place for any species, but the desert locust is uniquely adapted to this environment, says Cressman. “Normally the desert locust lives in what we call a ‘solitarious’ phase. It’s just an individual insect trying to survive in the desert,” he says. At this stage, the adults are brown, which allows them to blend in with the desert environment. The nymphs, which develop in moist soil, are green, in order to blend in with nearby vegetation.
It’s very uncommon for an arid region to experience heavy rains, but when it does, locusts increase their numbers, change their behavior, and become what scientists call “gregarious.” They behave as a group, synchronizing their behavior. “They all walk in the same direction,” says Cressman. “They all fly in the same direction.”
It was only a matter of hours before the swarm reached the fields. Representatives from every village met with Puniya to assess what was needed to stave off the threat in time. They had tractors, and they had spraying equipment and manpower. Puniya helped them procure pesticides. Over a thousand people eventually turned out to work around the clock for a week, spraying pesticides and making loud noises to confuse the locusts. A mass open kitchen was set up to feed all farmers who were helping out. While the damages were extraordinary, the grassroots intervention prevented the region from being devastated beyond repair, says Puniya.
Scientists, the United Nations, and local leaders all fear that this type of outbreak may become more frequent with climate change. In February, U.N. Secretary-General António Guterres cited the locust spread in the Horn of Africa: “Warmer seas mean more cyclones generating the perfect breeding ground for locusts. This is getting worse by the day.”
While Cressman believes it’s too soon to say whether invasions like this year’s will become the new normal, Khan is sure that “climate change was the real trigger” in this most recent outbreak. Heavy rains in Yemen and Saudi Arabia prompted the spread of locusts into Pakistan in March 2023, he explains, and there is “ample chance” that this will happen again soon.
Indian farmer Ummed Singh had his lands ravaged by locusts. The damages amounted to more than $60,000. Lou Del Bello
Last year, the strained relations between India and Pakistan reached a tipping point after a suicide attack attributed to a Pakistani terrorist group killed 40 people in the Pulwama district of India’s Jammu and Kashmir state. The incident led India to carry out its first airstrike in recent memory on Pakistani territory, escalating into one of the most dangerous standoffs between the two countries in decades.
During that period, and into the summer, communications, trade, and activities slowed down or were suspended. But even as tensions grew at the border, at least one conversation was allowed to continue, negotiated under the FAO umbrella. Pakistani and Indian officials were gathering peacefully further south along the border in a place known as Zero Point , to stave off the threat of the desert locust.
Locust management in the region predates the India-Pakistan conflict. A predecessor of today’s Locust Warning Organization, a division of the Indian Ministry for Agriculture and Farmers’ Welfare, was established before the partition in 1939 in Karachi, now the capital of Pakistan, after a particularly brutal locust invasion from 1926 to 1931. And despite the decades of conflict that followed, when it comes to systemic issues such as food security, the partnership between the two countries is well honed, says Khan.
Six times a year, during the summer and fall, delegates from both sides of the border meet to discuss pest breeding patterns and control strategies, monitoring reports and local forecasts.
Over the years, the two countries have developed sophisticated surveillance capacity, consisting of trained personnel as well as vehicles and specialized equipment, which Khan says is key to contain the locust spread. Through its portal Locust Watch, the FAO helps countries coordinate locust response on the ground, a process that has become increasingly high tech in recent years. To ensure it collects timely and detailed information, it distributes satellite antennas that connect the monitoring teams to the internet. Officials on the ground are also equipped with a tablet to log information on the presence of locusts and their development stage, as well as data such as soil moisture and vegetation.
Through the satellite connection the tablet transmits the exact coordinates of each report, which are then relayed back to the public in the FAO monthly bulletins. Countries use this information to target breeding sites for pesticide spraying. In extreme cases, low flying aircrafts can target vast swarms with precision.
But the response chain is only as strong as its weakest link, and if any one part of the response breaks down then the whole system can fall apart. “In Yemen there was a war-like situation,” says Khan referring to the desert country’s ongoing civil war. That conflict has created a humanitarian crisis, with thousands dead and millions on the verge of starvation. In the midst of the crisis, the nation’s locust control activity has been neglected—even as locusts continued to breed and migrate towards Asia last year. Khan says the environment in Yemen remains favorable to locusts, and breeding could escalate again.
Last December, says Khan, countries of the United Nations’ Desert Locust Control Committee came together in Ethiopia and discussed the lack of response capacity in Yemen and the Horn of Africa. “First and foremost, these countries need surveillance,” he says. “They need technical manpower followed by robust control operations and immediate response.”
As the consequences of conflict and lack of governance reverberate to distant corners of the planet, Ashok Swain, an associate senior fellow at the Stockholm International Peace Research Institute in Sweden and a professor of peace and conflict research at Uppsala University, says that super-national threats posed by climate change cannot be ignored for much longer. Countries “cannot keep handling these issues unilaterally anymore,” says Swain.
“Whether we like it or not,” he says, “we have to cooperate.”
Why April 20 Is An Important Day For Dogecoin?
While April has been a positive period for digital assets, the collective asset class faced its first major correction in the month over the past 24-hours. Bitcoin was pushed down, to test price levels last witnessed on 25th March, while Ethereum briefly dipped below $2000. Other assets such as Cardano, Binance Coin, and Chainlink also saw a correction, but interestingly the headlines are currently being stolen by the community’s beloved Dogecoin.
Surprisingly, Dogecoin failed to register a drastic correction over the past day. Its decline from $0.45 to $0.24 was relatively measured and slow-paced after its 300% hike. The chart above clearly indicates its disassociation from the rest of the market, which is rare for a coin rallying on sentiment and not fundamentals. However, the question remains, can Dogecoin keep it up?
Start with the basics: Dogecoin ‘Fundamentals’?Data from InTheBlock suggested that addresses buying between $0.25 and $0.31 are currently more out of money as a whopping 16 billion DOGE were bought by 64k addresses between $0.305 and $0.310. These particular addresses were currently out of money and possibly emphasizes a level of resistance for the current price action.
Network hash rate has witnessed a long-term increase, which suggests increased stability and security of the network, rising from 179 TH/s on 19th October 2023 to 293 TH/s on 15th April 2023.
However, the chart below is where fundamentals take a hit when Dogecoin’s actual price action is evaluated.
The chart on the left takes into account the previous rally of Dogecoin witnessed during the 1st week of February. Increasing by close to 1100%, over time DOGE underwent a proper correction phase, where the asset dropped down to the 0.50 Fibonacci line, which is usually considered a decent buy-range for any asset.
Till the start of April, the asset continued to consolidate in this range and established a healthy support range between $0.0473 and $0.0568 (highlighted in the chart). Now, any asset adhering to market fundamentals would witness a maximum gain of 2x from the previous top and possibly consolidate before another rise.
A generous target would have been $0.14. However, Dogecoin threw the rulebook out of the window and surpassed the expected top by another 167%, which is the actual price action on the right-hand side. This is the same euphoric behavior imitated by certain assets back in 2023 and has helped DOGE’s popularity to surge. Fundamentals do not explain the present price chart, but the community does not care as capital is flowing into their pockets.
20th April: What’s so special?
Since the narrative has been drawn that Dogecoin is possibly rallying on market sentiment more than anything else, Twitter is currently exploding with Dogecoiners coming together, to possibly push the meme-token on 20th April, or 4/20, as they speak.
(2023)
Me: Should I buy dogecoin on 4/20?
(2023)
Me: Should I buy dogecoin on 4/20?
— Ray (@SirEviscerate) April 18, 2023
#dogecoin 4/20 has registered massive traction over the past day and Lunar Crush statistics speak for themselves.
Social Engagement for Dogecoin is currently 931% with social dominance over 536%. The sentiment received by Dogecoin is beyond any expectation, considering Elon Musk hasn’t tweeted anything about Dogecoin either in the past week.
Is DOGE going to the Moon?A week prior, a reasonable market study would have pointed out that the current price position of Dogecoin was ridiculous. However, as explained earlier, the grip on DOGE by the community far exceeds fundamentals at the moment, and while investing in the asset remains as risky as possible, the returns are there to be made for daredevil traders.
2023 Hyundai Santa Fe Review: Affordable Suv More Than Matches Its 7 Passenger Peers
2023 Hyundai Santa Fe Review: Affordable SUV more than matches its 7 passenger peers
There’s no way to avoid it: every mainstream car company needs a three-row SUV in its line-up to be taken seriously these days. We’re long past the first-generation efforts of automakers unsure of how best to tackle the extended family demographic, which means if you’re going to seat seven or more in 2023, then you’re going to have to do better than merely go through the motions. More to the point, you’re going to have to beat rivals like the Hyundai Santa Fe.
The 2023 Hyundai Santa Fe is the latest version of an SUV one-two punch that first debuted for the 2013 model year. Positioned as the more capacious sibling to the compact Santa Fe Sport, the vehicle has built a strong following thanks to its affordable bundling of features and practicality that often undercuts major players from Toyota (the Highlander), Honda (the Pilot), and Ford (the Explorer) in both areas.
2023 brings a few changes to the Santa Fe formula, although nothing all that dramatic. LED daytime running lights are the most noticeable aspect of its exterior makeover, and its front and rear fascias have spent some time under the scalpel as well, emerging with a new fog light design as well as a slightly chunkier grille, and vertical rather than horizontal reflectors out back. It’s a handsome sport-utility vehicle, one whose somewhat imposing presence suggests a higher sticker than its $30k starting price. Even the Limited model that served as my week-long tester (positioned just below the slightly more expensive Limited Ultimate) barely broke the $43,000 mark with its all-wheel drive and safety-loaded Tech Package, and with either of those elements out of the picture you’re below $39,000.
Crack the door to the Hyundai’s cabin and you come back down to Earth – at least, a little – in terms of the materials used throughout its interior. I personally found the passenger compartment design to be pleasing to the eye, but the Santa Fe Limited’s focus on function was evident by the monochromatic presentation of the soft, textured plastics, broken up by chrome-colored surrounds on the dash and door panels and wood-look trim inserts.
One aspect of the 2023 Hyundai Santa Fe that hasn’t been altered in the slightest is its enormous amount of passenger and cargo space. Although available with a second row bench (base SE editions) that boosts total seating to seven, my Limited tester was outfitted with two captain’s chairs, which offer a walk-through space between them as well as fold and flip forward action to make it easier to reach the rearmost accommodations. As with most mid-size SUVs, that final row is best left to children since adults will find their knees jackknifed up in front of them due to the low perch of each cushion. Better yet – fold them flat and enjoy the 41 cubic feet of total storage space on offer inside the Hyundai Santa Fe, a figure that almost doubles to 80 cubes with the second row out of the picture as well. Add in the ability to pop the hatch simply by standing in front of it with the key fob in pocket (something that will surprise first-time drivers more than once), and you’ve got a recipe for a very useful vehicle that is at the very least the peer of each of its similarly-sized SUV competitors.
I hesitate to use words like ‘alternative’ when discussing the 2023 Hyundai Santa Fe within the context of other three-row mid-size SUVs. Hyundai is well past having to prove itself to potential buyers based on value alone, yet it continues to make over-delivering in terms of features a core part of its brand identity. Despite its more modest sales figures, the Santa Fe deserves your full attention if you’ve ever thought of adding a mainstream seven-passenger daily driver to your driveway. Throw in one of the most comprehensive new car drivetrain warranties in the business (10 years / 100,000 miles), and this Hyundai hauler could very well end up being the last vehicle you have to buy before the kids head off to college.
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