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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.
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.
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.
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.
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.
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.
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 autoindustry in every other part of the world. The Circuitous Path to Electrification of China’s Automotive Industry.
When Tesla’s market cap, making sustainable energy products, exceeds that of Aramco, producing fossil fuels, you know the future will be good for Earth. In a recent tweet, Musk noted that when Tesla’s market cap exceeds that of Saudi Aramco, then that is the time when people can see that the future would be good for the planet.
The SMMT New Car CO 2 Report 2018: Driving the transition to a low carbon future showed that carbon tailpipe emissions rose last year for the first time in two decades by 0.8% The report highlights the importance of internal combustion engines in the UK’s journey to a low carbon future, with 99.5% less CO 2 than those they replaced.
develop the Volkswagen Automotive Cloud, one of the largest dedicated automotive industry clouds for all future Volkswagen digital services and mobility offerings. Digital technology is rapidly changing every aspect of the autoindustry—from the manufacturing process to the car itself. Earlier post.). model family.
As the autoindustry awaits an EPA proposal for the next round of emissions rules for internal-combustion vehicles, an environmental advocacy group argues that similar standards should be applied to EVs.
The report, which analyzes global patent activity in the field of self-driving automobiles over the last five years, identifies the global leaders in the development of the technologies and also makes predictions about the future of driverless cars. Toyota and Hyundai take the second and third places.
Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. The investments affirm that the future must be electric and there is no turning back for traditional automakers.
Could the abrupt deceleration in EV demand and rise of China competition change Tesla's autoindustry plans? Analysts ponder future as Musk flags big staff cuts and key people leave. The post Staff numbers slashed, big heads roll as Tesla rethinks future as car maker appeared first on The Driven.
"I am very confident that in the near future, China supply chain and the autoindustry will return to normal," Li said. The post NIO's William Li expects China's autoindustry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.
The autoindustry took the next step in the evolution of North American electric vehicle charging solutions today at The Battery Show in Detroit. continued] The post SAE J3400 Helps Define the Future of EV Charging in North America appeared first on CleanTechnica. That’s where SAE International released its NACS.
With the end of the year in mind, industry analyst Paul Waatti from AutoPacific joins me to pull out the crystal ball and look into the automotive industryfuture for 2025. Hey all, time for a pre-Christmas TTAC podcast! We thank Paul and Matthew for their time, and Matt Posky for editing.
Presidential election, but at least one auto-industry CEO has already spoken out about the anticipated outcome. A winner hasn’t yet been declared in this week’s U.S.
In the long term, the energy density needs for electric aviation far outstrip the goals of current DOE and industry investments, requiring strategic thinking around the best approaches to enable this future. DOE and NASA plan to organize a future session of this assessment.
The future of the autoindustry is electric,” said President Biden. We will continue ensuring that the voices of EV drivers, like you, are heard by policymakers shaping the future of electric transportation! There’s no turning back. … The only question is whether we’ll lead the race or fall behind.”
Our Modular Transverse Toolkit already proved Volkswagen is one of the most successful platform developers in the autoindustry. The plant is evolving into a “Center of Future Mobility”. Customers and visitors can enjoy an interactive encounter with e-mobility and digitalization to discover more about the future of mobility.
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.
Increasing future sales for BEVs will rely on companies improving awareness of their product. 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.
According to autoindustry analyst IHS Markit, 79% of the EVs sold in the […]. By Charles Morris “Americans aren’t buying electric vehicles, they’re buying Teslas,” reads a recent CNBC headline, and it’s a fair assessment. In the US, Tesla’s share of the EV market looks like Bob Marley’s share of the Reggae market.
In all of our fuel price scenarios (from Very Low to High), the autoindustry would be profitable if current standards stay in place. —co-author and independent autoindustry analyst Dan Luria. When gas is very cheap, people tend to buy bigger, more profitable trucks. With gas at $1.80
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.
The new partners anticipate working together in developing and manufacturing RapidE, with potential for adding a range of next-generation connected electric vehicles on behalf of Aston Martin, LeEco and Faraday Future. Earlier post.). This new signing extends the existing collaboration between the two companies.
Financial Times : I would rather focus on building the future than catching up. Volkswagen is also eyeing Russia -- the German autoindustry has been flat and re-entering the Russian market could give it a boost. With the possibility of a peace deal and the lifting of U.S. But we are business people.
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.
The Future of Tech in Mobility. And the autoindustry had to respond to policy issues. Energy shortages in the late 1970s and 1980s led to the autoindustry going from big energy-draining automobiles to smaller, more fuel-efficient vehicles. Where Will Flying Cars and Driverless Tech Take Transportation.
While critics and auto-industry analysts harp about the company's lack of profitability and slow production, fewer acknowledge that when the Model S was launched it quickly claimed the mantle as the bestselling luxury sedan on the market. Lots of automakers wish they could get a bite of Tesla’s business.
Advanced manufacturing methods will be used to make test batteries that replicate the performance of full-scale production batteries, allowing for faster implementation in future production vehicles. This is sorely needed, and no one else in the autoindustry has anything like it. —Ted Miller.
Rajendra Petkar, President & CTO, Tata Motors Bengaluru: The future of the automotive industry will be defined by technology and software along with sustainability , industry’s top voices said at the Day 1 of the 5th edition of ETAuto Tech Summit concluded on Thursday. This is unlike other sectors.
Volkswagen continues negotiating with German unions AG and IG Metall as the automaker tries to secure its future. Volkswagen has big plans to secure its future in an ever-changing autoindustry. This is how we secure our future, commented Arne Meiswinkel, Volkswagen AGs lead negotiator.
Here in China, we are now setting out on the road to a future of emission-free mobility. China will be an integral part of the Group’s “Future Tracks” initiative, which addresses the nascent digitalization era in the autoindustry. —Martin Winterkorn. Earlier post.).
At the pace of the autoindustry, and its five or six year cycles, it’s overdue. Last week Fiat revealed an all-electric Concept Centoventi, which envisioned a future EV that would offer a lot. Are you ready for a new generation of the Fiat 500e electric car?
This is another important contribution to what the Obama Administration has done to preserve and promote America’s autoindustry. Finally, this announcement is also good news for the future of America’s growing electric vehicle industry.
Automakers see the information as invaluable, offering a wealth of data points to help them determine how to build future products, schedule servicing routines, and which parts to order.
The companies have signed a non-binding agreement that opens the door for GF to create further semiconductor supply for Ford’s current vehicle lineup and joint research and development to address the growing demand for feature-rich chips to support the automotive industry. —Jim Farley, Ford president and CEO.
While some autoindustry folks, some oil-soaked investors, and some tech-adoption laggards would love to believe the EV revolution is over and EV market share will stop growing, the fact is: the future is electric.
Global Electric Motorcars (GEM) has pioneered neighborhood electric vehicles (EVs), demonstrating a prosperous past and promising future. The buyout also included Taylor-Dunn, an EV manufacturer focusing on industrial EVs. While it has a bright future, the GEM lineup has come a long way since its start 30 years ago.
The autoindustry is committed to vehicle electrification and will invest over $330 billion in the technology by 2025. Addressing issues such as grid resiliency, energy demands for charging, and equitable rollout of charging infrastructure will be an integral part of a successful future for EVs in America.
Originally posted on EVANNEX by Charles Morris Tesla’s position as the world’s most valuable automaker is deeply puzzling (and infuriating) to many autoindustry and stock market observers. The post Tesla’s Market Cap Points to an Electric Future appeared first on EV Obsession.
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