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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. With every new service or connected entity, a new attack vector is born.

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Bezos-Backed Slate Auto Working On a $25,000 Electric Truck

The Truth About Cars

In addition to space travel, Amazon founder Jeff Bezos has his eye on the auto industry. Hes reportedly backing Slate Auto , an EV startup focused on building a compact electric truck for around $25,000. Details are scarce, but Newsweek connected with the company on a short teaser video posted to X.

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DOT awards U-M-led hub $15M for connected and automated transportation

Green Car Congress

The US Department of Transportation has awarded a $15-million grant to renew the Center for Connected and Automated Transportation (CCAT), based in Ann Arbor and led by the University of Michigan. Platooning connected and automated freight trucks to reduce traffic delays and wear and tear on roads.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

At CeBIT, Volkswagen Group IT is presenting the key topics Connected Car and Electro-Mobility in Hall 2. Autonomous driving Connected vehicles Controls and controllers Driver Assistance Systems Electric (Battery) Intelligent Transportation Systems (ITS) V2X Vehicle Manufacturers'

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Next phase of THEA’s connected vehicle pilot brings together auto manufacturers and road operators

Green Car Congress

Since September 2015, the Tampa Hillsborough Expressway Authority (THEA) has been working with the United States Department of Transportation (USDOT) as a Connected Vehicle Pilot site. The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers.

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Didi Chuxing sets up JV with China EV maker BAIC-BJEV; next-gen connected car systems; Transportation Brain

Green Car Congress

BAIC-Xiaoju New Energy Auto Technology Co. Ltd (JingJu) aims to combine the two companies’ strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. Public transportation data resources and DiDi analytics are now connected. Xiaoju Automobile Solutions?XAS?was

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SiriusXM buying connected vehicle unit of Agero for $530M

Green Car Congress

Sirius XM Radio has entered into a definitive agreement to acquire the connected vehicle services business of Agero, Inc. The acquisition of Agero’s connected vehicle business is a natural fit for Sirius XM. Morgan Stanley acted as financial advisor to SiriusXM in connection with this transaction. for $530 million in cash.

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