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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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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. —Sami Atiya, President of ABB Robotics & Discrete Automation.

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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

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2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry 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.

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

Green Car Congress

XL2 is designed to enable end-to-end digital manufacturing, covering all central. The company’s goal is to expand its project business gradually and achieve a powerful workforce within the next five years. processes, including production planning, logistics, finance, maintenance, quality and materials management.

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University of Michigan researchers lay out hurdles for Li-metal, solid-state batteries

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To develop the questions, they worked in close collaboration with leaders in the auto industry. Do lithium metal batteries’ use of ceramics, which require energy to heat them up to more than 2,000 degrees Fahrenheit during manufacturing, offset their environmental benefits in electric vehicles?

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Navigant Research ranks NVIDIA as top automated vehicle compute platform

Green Car Congress

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 auto industry involved. Navigant’s top-10 ranking for AD compute platforms: NVIDIA. Intel-Mobileye. Qualcomm Technologies.

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