article thumbnail

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.

article thumbnail

Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

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. Information technology has been a key component of the automobile industry for some time.

article thumbnail

Volkswagen to use CO2 as refrigerant for future air conditioning systems

Green Car Congress

The Volkswagen Group announced that it is choosing CO 2 as the future low global warming potential (GWP) refrigerant for its mobile air conditioning (MAC) systems. Earlier post.). With a GWP (Global Warming Potential) value of 1, R744 is 99.3% below the EU’s now-specified GWP limit of 150 for MAC systems.

Future 311
article thumbnail

MIT Task Force on the Work of the Future suggests widespread autonomous driving at least a decade away

Green Car Congress

The MIT Task Force on the Work of the Future has released a new research brief examining the future of autonomous vehicles. The crucial role of public transit for connecting workers to workplaces will endure: the future of work depends in large part on how people get to work. The automated vehicle transition will not be jobless.

MIT 294
article thumbnail

ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

This joint venture will enable us to further develop HASCO’s leading position with automated solutions that benefit customers in China which—as one of the largest automotive manufacturing marketplaces—will play a pivotal role in delivering a sustainable transport future.

article thumbnail

The Toyota Prius Transformed the Auto Industry

Cars That Think

In the early 1990s, Toyota saw that environmental awareness and tighter emissions regulations would shape the future of the automotive industry. The company aimed to create an eco-friendly, efficient vehicle that would meet future standards. In 1997 Toyota introduced the Prius to the Japanese market.

Prius 142
article thumbnail

SAE New Energy Vehicle Forum: China’s focus on NEVs may have profound impact on future of transportation

Green Car Congress

The way cars are used here, the ways in which cars interact with the environment, the way in which human beings reside in urban centers in China are profoundly going to seed the development of the auto industry in every other part of the world. The Circuitous Path to Electrification of China’s Automotive Industry.