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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. billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Developing the industrial system. L/100km (40 mpg US) or less.

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

Green Car Congress

Automation expert ABB and China’s leading automotive parts supplier, HASCO, are forming a joint venture to drive the next generation of smart manufacturing in China’s automotive industry. Both parties agreed not to disclose any further details about the investment. —Sami Atiya, President of ABB Robotics & Discrete Automation.

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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

Percentage of Global R&D Spending by Industry, 2013. 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. Click to enlarge. —Center for Automotive Research. Click to enlarge.

Industry 246
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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

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XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks. The joint venture that focuses on consulting and technology services for cloud and SAP S/4HANA includes industry solutions such as SAP Leonardo. XL2 is designed to enable end-to-end digital manufacturing, covering all central.

Audi 186
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the auto industry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.

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ExOne and Ford announce automotive industry’s first binder jet 3D printing & high-density sintering of aluminum

Green Car Congress

In a project co-funded by Ford Motor Company and the ExOne Company, a team of engineers, material scientists, and manufacturing experts has developed a patent-pending process for rapid and reliable binder jet 3D printing and sintering of aluminum 6061 that delivers properties comparable to die casting.

Ford 476