An improved Wankel engine reminds me of Toyota's Prius hybrid engines. These are wonderful things. They are more efficient and cleaner than any internal combustion engine-only configuration ever will be. But, they are obsolescent. Toyota announced they will no longer charge for royalties on the patents. They are giving away the patent rights. They hope that other manufacturers will make the engines and purchase parts from Toyota. Alas, it is too late for that. Other companies are going directly to all-electric vehicles.
A plug-in Prius is probably the most efficient, best choice for long-distance highway travel in sprawling country like the U.S. But within countries such as Norway, electric vehicles can already drive the farthest you can go in one day, so there is no need for a plug-in hybrid. Next-generation electric vehicles will have enough range that they will be almost as good as plug-in hybrid in the U.S.
There are many examples of elegant technology that came along too late. In the 1970s and 80s, many computer gadgets such as RAM memory devices and printers were invented too late to succeed in the marketplace. In the 1950s there were some elegant long distance propellor driven passenger airplanes. The Lockheed Constellation was beautiful and reliable. It later used turboprop engines, which conceptually resemble a Prius hybrid motor, being a combination of old and new technology. The Constellation was a wonderful machine, but it did not last for long. Jet aircraft made it obsolete.