Reuters reports Purdue University researchers have found a way to make a smart tire. Reportedly, the tire can warn the driver of not just improper tire pressure, but also cuts, punctures, imbalances, improper mounting, physical degradation of the tire, and manufacturing defects. (And presumably other physical damage from potholes, road debris, etc.)
Interesting final comment in the article:
[Gary Krutz, director of Purdue's Electrohydraulic Center] said the technology would cost manufacturers about $1 per tire, translating into something like $50 per tire for consumers.
Yowzah. Nothing like a good old 5000% markup for a new safety feature...
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(Sure, there are $50 tires ... if your car takes 155/75R13 tires, and you don't even know what a UTQG rating means, and you're prepared to buy K-Mart's "Our most economical!" house-brand tire, rated 70-B-C, guaranteed to last 12,000 miles or we'll give you $10 off the next one.)
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Note Sometimes manufacturer's mark ups are even higher, depending on other costs associated with manufacture. The wholesaler and final seller's mark ups for retail are pretty standard 2 times their cost.
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Reuters should just hire a few monkeys to randomly hit keyboards with their faces. The results would be about as useful.
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