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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. —Oded Yarkoni, Head of Marketing at Upstream Security.

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Electric companies form National Electric Highway Coalition to develop national fast-charging network

Green Car Congress

The Edison Electric Institute (EEI) recently announced the formation of the National Electric Highway Coalition , which merges the Electric Highway Coalition and the Midwest Electric Vehicle Charging Infrastructure Collaboration and now includes additional participating electric companies from across the country.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto sector,” the organization writes.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. BP’s venturing business invested $5 million in FreeWire earlier this year.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

companies, including Tesla, Buick, Lincoln, and Ford. Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.

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QOTD: Celebrating The Irish Auto Industry on St. Pat's?

The Truth About Cars

If you know much about the Irish auto industry, you know that it is/was small with a short, unremarkable history. So, I ask of you, what part of the admittedly small and mostly no-longer existing Irish automotive industry are you celebrating? Yeah, I am shoehorning in a QOTD to match the holiday. That said, it is St.

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European Auto Industry Turmoil At Volkswagen & Stellantis Likely To Accelerate In 2025

CleanTechnica EVs

Volkswagen and Stellantis are seeing tough times ahead as sales skitter and factory closures are in the offing for both companies. The post European Auto Industry Turmoil At Volkswagen & Stellantis Likely To Accelerate In 2025 appeared first on CleanTechnica.