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Cyber hacks might cost the autoindustry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection.
2012 Chinese AutoIndustry Development Report. The fifth annual report on China’s autoindustry—2012 Chinese AutoIndustry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.
However, they noted, there are also many challenges associated with the use of biobased parts in the autoindustry. Cost to manufacture is one of the main considerations. Other factors used to determine the best material for manufacturing parts for vehicles include: Part performance.
I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate. This is another important contribution to what the Obama Administration has done to preserve and promote America’s autoindustry.
Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020.
Controlled Power Technologies (CPT) will deliver two technical papers at SAE World Congress in April on its SpeedStart torque assist and kinetic energy recovery system ( earlier post ) and TIGERS turbine integrated gas energy recovery system ( earlier post ) for 48V mild hybrid vehicles. Earlier post.)
Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the autoindustry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year.
The growing share of alternative drive trains in the automotive industry offers opportunities for jobs in the automotive sector, according to the “ ELAB ” study, the first broad-based, practice-oriented analysis of the effects of technological change on employment in the automotive industry. Source: ELAB Studienergebnisse.
Both organizations will collaborate on developing sustainable solutions for the automotive industry. Johnson Controls has entered a long-term cooperation agreement with the Fraunhofer Research Institution for Polymeric Materials and Composites PYCO. PYCO is a developer of highly cross-linked polymers for all applications.
MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG. Mitsubishi Rayon Co.
The autoindustry’s current materials portfolio will need to be augmented to meet new 2025 fuel economy standards, according to a WardsAuto and DuPont Automotive survey conducted in late July. 49% of respondents thought that powertrains would see the greatest percentage of material changes as a result of proposed 2025 CAFE standards.
At the Geneva Motor Show and now at the IT trade fair CeBIT in Hanover, Germany, Volkswagen Group executive management has begun to outline its “Future Tracks” program which will address, among other things, what Chairman of the Board of Management Prof. Dr. Martin Winterkorn calls an approaching new era of digitalization.
Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. 04/01/2022 Images are for editorial use only.
Many in the autoindustry have fought back against these proposals because they would force automakers and other companies to provide diagnostic tools and other resources to independent repair shops.
Ford and BASF have teamed up to develop a sustainable, plant-sourced castor oil-based foam product for the 2012 Ford Focus instrument panel. The new castor oil-based foam is significantly more durable than the previously used material, with a 36% better tensile strength (a measure of the foam’s ability to hold its shape over time and use).
XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks. Capgemini and Audi have launched a joint venture: XL2. Following regulatory approvals, the company was founded at the end of April.
Although autoindustry companies dominate the category, a number of more specialized technology and research institutions have amassed a noteworthy collection of self-driving vehicle-related patents. Toyota and Hyundai take the second and third places.
The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals.
The autoindustry had criticized the 95% requirement as unattainable, noted the Methanol Institute, which came out strongly in support of the new bill. Engel has introduced the Open Fuel Standard as the lead sponsor, or co-lead sponsor, in the last three sessions of Congress.
In-wheel electric drive startup Protean Electric ( earlier post ) has formed relationships with several leading companies in the global autoindustry to accelerate its in-wheel electric drive systems to market in high-volume production. The suppliers and partners are: FEV, based in Aachen, Germany and Auburn Hills, Mich.,
Development of automated driving (AD) technologies continues at a brisk pace in 2020 with more than 70 companies including legacy automakers, suppliers, startups, and technology companies new to the autoindustry involved.
The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. The post Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits appeared first on TESLARATI. percent in the past year.
Experts in the autoindustry believe affordability is the remaining hurdle preventing electric vehicle (EV) sales from rising. The biggest issue in our industry is affordability,” Katarski said during the Automotive News Congress in Pontiac, Michigan. We’re seeing a ton of people flock to them—when they can afford them.
Japan’s autoindustry must succeed in building passenger vehicles. To this end, manufacturers must participate in auto-racing to test their vehicles’ durability and performance and display their utmost performance.
To develop the questions, they worked in close collaboration with leaders in the autoindustry. In a perspective piece in the journal Joule , researchers at the University of Michigan lay out the main questions facing lithium-metal, solid-state batteries.
A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the autoindustry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
GM was the first company in the Brazilian autoindustry to provide 100% of its spark-ignited vehicles as flex-fuel. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). GM began doing business in Brazil in 1925. In 2008, it posted record annual sales (548,941 vehicles).
At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.
Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new autoindustry in Croatia. Earlier post.) This shift has happened in two major waves of investment, over the last 20 years.
Plug-in electric vehicles will play a critical role for the global autoindustry to cope with issues related to fuel supply and environmental sustainability. China, the largest auto production and consumption market, has explicitly made alternative energy vehicle development a state strategy. Earlier post.).
The first ten months of the year saw drops in different levels of sales in the auto market, owing to chip shortages across the autoindustry. Most notably, the company invested more than 5.23 billion RMB (US$820 million) in R&D during the first three quarters.
The liftgate was recognized in November 2013 by the Society of Plastics Engineers as the year’s most innovative use of plastics in the autoindustry. The full liftgate assembly is 30% lighter than comparable stamped steel systems, which helps contribute to the vehicle’s overall fuel economy increase.
Projects may also take on higher risk technology challenges to support a higher return on investment for the autoindustry and aggressively attack future CO 2 challenges. Grants will be awarded to UK businesses through a new, open competition for collaborative research and development funding.
Android Auto made its debut at the 2014 Google I/O annual technology conference in San Francisco as the first innovation resulting from the Open Automotive Alliance (OAA)—a coalition of tech companies and autoindustry leaders launched in January by Google, NVIDIA, Audi, GM, Honda and Hyundai committed to bringing the Android platform to cars.
The autoindustry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. In the US, knowing a fair amount about BEVs more than doubles consideration for them. Increasing future sales for BEVs will rely on companies improving awareness of their product.
This is sorely needed, and no one else in the autoindustry has anything like it. In the span of 15 years, the industry has gone from lead-acid to nickel-metal-hydride to the lithium-ion batteries used in Ford C-MAX and Ford Fusion hybrids on the road today. —Ted Miller, Ford’s manager of battery research.
Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry. Automakers need to be tech-efficient to combat technology rivals invading the autoindustry. —Bakar Sadik Agwan.
Search engine giant Google is looking for partners within in the autoindustry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. by Bill Cooke. We’re not perfect; the technology is nowhere near ready.
In 2010, Global Automakers worked with lawmakers, the National Federation of the Blind, the American Council of the Blind, and other autoindustry groups on the Pedestrian Safety Enhancement Act which directed NHTSA to undertake this rulemaking. —Michael Cammisa, director of safety for Global Automakers.
After more than 40 years of development, JAC has achieved an annual production capacity of more than 700,000 vehicles and 500,000 engines, and is ranked in the top 10 in the Chinese autoindustry.
HySUT today has 18 companies/associations (including autoindustry) carrying on the phase 1 (FY2009-2010) and the phase 2 (FY2011-2015) studies under the name of HySUT. HySUT was founded in July 2009 with the aim of establishing hydrogen supply infrastructure and to improve hydrogen business environment.
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