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Hackers demand massive ransom as cyberattack plagues auto dealerships

Teslarati

and Canada’s most commonly used auto dealer management software has rendered over 15,000 dealerships unable to make sales over the past few days, and those who claim to be behind the outage are demanding tens of millions of dollars as ransom. Auto dealerships in the U.S. A cyberattack on the U.S. dealerships. So it is a disaster.”

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Android Auto makes its debut with support from multiple automakers and tech companies

Green Car Congress

Android Auto made its debut at the 2014 Google I/O annual technology conference in San Francisco as the first innovation resulting from the Open Automotive Alliance (OAA)—a coalition of tech companies and auto industry leaders launched in January by Google, NVIDIA, Audi, GM, Honda and Hyundai committed to bringing the Android platform to cars.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

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. It is near the top of the game for companies active in the EV space. The company leads in deals (M&A, partnerships, JV, etc.)

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Li Auto's Beijing plant expected to see 1st vehicle roll off line by Sept

CN EV Post

Li Auto 's first all-electric model will go into production at its Beijing plant, with an annual capacity of 100,000 all-electric vehicles in the first phase. Li Auto US | Li Auto HK (A rendering of Li Auto's factory posted on Weibo by Beijing Shunyi district authorities.)

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BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end

CN EV Post

In January and February, year-on-year growth in Chinese vehicle demand was slightly weaker, but BYD still maintained strong growth, the company's chairman and president, Wang Chuanfu, said at a conference today. The company held an investor meeting today that was not public, but the main points are being covered by local media.

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GM expects lower 2024 EV sales amid lagging demand

Baua Electric

At the Deutsche Bank Global Auto Industry Conference Tuesday, Jacobson said GM will continue to produce cars based on demand. Although demand for electric vehicles is still growing, it’s less than some in the industry had expected, including GM. Source: CNBC FTC: We use income earning auto affiliate links.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

It’s a dramatic reversal from the ebullience of recent years that sent prices soaring and sparked a rush by some of the auto industry’s biggest players to secure future supply. Now, carmakers are getting cold feet and abandoning deal discussions, according to mining investment bankers and industry executives. Sigma Lithium Corp.

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