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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. The risk is immense.

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Tesla’s market cap drop is worth almost the entire legacy auto industry

Electrek

Tesla’s loss in market capitalization equals almost the entire legacy auto industry combined – one of the most significant losses in value of all time. The post Tesla’s market cap drop is worth almost the entire legacy auto industry appeared first on Electrek.

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US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%

CleanTechnica EVs

The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. continued] The post US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% appeared first on CleanTechnica.

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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.

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

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. 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. auto market anytime soon , some U.S.

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How Chinese Cars Like The XPeng Mona M03 Will Impact The Global Auto Industry

CleanTechnica EVs

In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the global auto market. continued] The post How Chinese Cars Like The XPeng Mona M03 Will Impact The Global Auto Industry appeared first on CleanTechnica.

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

Green Car Congress

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.

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