I didn't bother watching more than 1/3rd of that for one reason—it's nothing new. If you remember, soon after I joined here about 15 or so years ago, I mentioned that I had designed a 2,000hp engine for my Roadrunner back in the late 70's. It was based upon a McGee (Kangaroo) block/head assembly, but the main reason for the outrageous power was a computer-controlled hydraulic valve actuation system that had been designed in Sweden. Overall power is determined by the lift of the valves, but the power band relies upon duration. My modification to the Swedish design was that rather than plugging a programmed chip into the controller, I fed the signals from a tachometer. That way, no matter what rpm the engine was running at, the duration varied to make sure that the engine was always in the middle of its power band and at maximum allowable lift.
Someone in the US, at the same time, came up with valve actuators called "helinoids" which also allowed for individually variable valve timing, but not lift. They were conical solenoids that, at 12VDC, could pull something like 200 lbs. in about a millisecond over a distance of 1/4" or so. Leverage was employed to get the desired lift.
This is still an interesting topic, but let's not think that it's ground-breaking technology.