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Cyber hacks might cost the autoindustry 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.
In addition to space travel, Amazon founder Jeff Bezos has his eye on the autoindustry. 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.
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.
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'
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 autoindustry manufacturers.
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
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.
In moving forward on that, Fields said, Ford will focus on five key areas of innovation: mobility, autonomy, connectivity, customer experience and performance. Our vision for connectivity, it’s all about helping people stay connected. Our vision for connectivity, it’s all about helping people stay connected.
Connected vehicle technology offers tremendous promise—for improving safety, reducing traffic jams and increasing fuel efficiency. The driver clinics, the first phase of the Connected Vehicle Safety Pilot Program, were completed this past year to gather information on how drivers would interact with the technology. Earlier post.).
Based on the results of the study, CAR believes the economic risk to the autoindustryconnected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.
With a unique combination of networking and auto expertise, the two companies agreed they could work at a faster pace together to disrupt the autoindustry. The companies said they would create a flexible and more secure platform that would offer a path to innovate and build on smart-vehicle solutions.
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. Additionally, the autoindustry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
Those risks come from many EVs extreme levels of connectivity. Upstreams vice president of marketing, Shira Sarid-Hausirer, said, Its not necessarily the number of assets, its the connectivity and the fact that theyre all interconnected that increases the risk dramatically.
The companies have signed a non-binding agreement that opens the door for GF to create further semiconductor supply for Ford’s current vehicle lineup and joint research and development to address the growing demand for feature-rich chips to support the automotive industry.
The University of Michigan is entering two separate agreements with Chinese institutions targeting automated and connected vehicles. First, a $27-million research agreement with Shenzhen-based investment firm Frontt Capital Management will advance autonomous, connected vehicles and robotic technologies.
The company anticipates that, as a result, connected car services and greater choice in accessories and personalization will increasingly drive growth in its aftersales business, anticipated to contribute 25% of aftersales revenue by 2022. —Kent O’Hara.
Ford will offer a new generation of seven, all-electric, fully-connected passenger vehicles and vans in Europe by 2024. The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ).
a leading provider of dynamic connected car services worldwide, and Parkmobile, the leading provider of on-demand and prepaid mobile payments for on- and off- street parking and mobility solutions, announced a strategic partnership at the annual International Parking Institute (IPI) conference. INRIX, Inc.,
Unlike most vehicles, the Cybertruck features no physical connection or traditional steering column between the steering wheel and the front wheels, making turning and tight maneuvers more doable than in a traditional truck, let alone even smaller vehicles. “That change unlocks real, tangible benefits.
However, the above is really more of a problem with vehicular connectivity in general than anything else. The NHTSA seems to be doing little more than protecting the massive companies that have the most to gain by furthering the connectivity agenda.
Audi, GM, Google, Honda, Hyundai and NVIDIA have formed the Open Automotive Alliance (OAA), a global alliance of technology and autoindustry leaders committed to bringing the Android platform to cars starting in 2014. OAA members share a vision for the connected car. The OAA approach offers openness, customization and scale.
Auto manufacturers must participate in the startup ecosystem to stay ahead of the rapid shift in the autoindustry,” said Jim Adler, managing director of Toyota AI Ventures. Fund II brings the firm’s total assets under management to more than $200 million to invest in and to support promising startups around the world.
Solstice yf was developed to meet the needs of the automotive industry to replace R-134a, the most widely used auto refrigerant. R-134a is a hydrofluorocarbon (HFC), which many governments and industries have been looking at phasing out since the early 2000s. Earlier post.). lower than R-134a, which has a GWP of 1300.
The new Ford Escape, being showcased at the Los Angeles Auto Show, is the first Ford vehicle to make Auto Start-Stop standard with either of two EcoBoost engines new to the model—a 1.5-liter SYNC Connect, available with SYNC 3 for the new Escape, comes with complimentary activation for five years. liter and 2.0-liter
Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Stellantis is another automaker seeking to strengthen its ties with China’s autoindustry. to boost investments in North America.
Among the coming developments, the Volkswagen Automotive Cloud will be extended step-by-step to further regions of the world and to be available in Europe, China and the USA—the core markets for the future full-electric, fully connected ID. Volkswagen and Microsoft are also working on first lighthouse projects for connected vehicles.
It focuses its investments on strategic technology trends transforming the autoindustry, such as artificial intelligence, electrification, autonomous driving and digital mobility services. Other investments include electric car charging firm Freewire and Forciot, which develops connected, printable and stretchable electronics.
Installing traditional fixed fast-charging stations is usually a cost- and labor intensive process that requires electrical upgrades to support the connection between charging stations and the main electrical grid. Volvo Cars’ future is electric, as reflected by our industry-leading commitment to electrify our entire product range.
California has shown time and time again that it is a global technological leader and today marks the beginning of a new era for the autoindustry. Driverless vehicle technology has the potential to revolutionize driving, reduce traffic accidents and save lives. In July, with Florida Gov.
Our dealer-connectedautoindustry veteran of many years, Jo Borras, came across a big find this week. It’s a Cox. continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! appeared first on CleanTechnica.
What the autoindustry calls a "mid-cycle refresh" can range from indistinguishable to very evident. The 2018 Hyundai Sonata Hybrid falls into the latter category, with new front and rear styling, changes to the interior and dashboard, and numerous added safety and connectivity features.
The research brief draws on the authors’ research and experience in the engineering, social, and policy dimensions of automation and autonomy in extreme environments of the deep ocean and aerospace, as well as years of engagement with the autoindustry, transit, and automated vehicle systems.
FCA also said that the case for combination is strengthened by the need to take bold decisions to capture at scale the opportunities created by the transformation of the autoindustry in areas like connectivity, electrification and autonomous driving.
Chen, a seasoned, highly qualified 25-year autoindustry veteran, returns to Ford as president and CEO of Ford China, effective November 1. Ford says that creating a Ford China business unit will allow for greater focus on the market, faster decision making and increased Chinese leadership within the company.
Semiconductors are the foundation of the technologies that are powering the electrification, autonomous driving and connectivity of the autoindustry, and they have been center stage in the global chip shortage that has impacted automakers the last couple of years.
Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s autoindustry. In addition to Hyundai’s direct contributions to the region, offsite suppliers connected to the project are predicted to invest approximately $1 billion in other locations around the state.
The two companies will offer auto OEMs a one-stop-shop that covers everything from initial system integration to deployment, ongoing operations and customer support globally.
Search engine giant Google is looking for partners within in the autoindustry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. million people/year are killed in auto accidents globally. by Bill Cooke. —Anthony Levandowski. Approximately 1.5
Adopting an open source approach to software development is a key part of our technology strategy and will help us to keep pace with the rapid advances happening across the autoindustry.
DiDi will bring to the partnership with Continental our data capabilities and transportation AI expertise, to advance technology innovations throughout the automotive industry chain, including hardware, software and services. —Jun Yang, Vice President of Didi Chuxing.
and board director of Zotye Auto. We will be exploring innovative vehicle connectivity and mobility service solutions for a new generation of young city-dwelling Chinese customers. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. Earlier post.). —Peter Fleet.
ElaadNL would handle management of infrastructures and the smart-charge standard, and LomboXnet would take charge of installing the network of unique public charging terminals powered by a 44 kW grid connection. The Renault ZOE R.Access connectivity and 22 kW charging make it suited for car-share and smart charging applications.
The new partners anticipate working together in developing and manufacturing RapidE, with potential for adding a range of next-generation connected electric vehicles on behalf of Aston Martin, LeEco and Faraday Future. LeEco’s SEE Plan is dedicated to build electric, smart, connected and socialized cars. Earlier post.). Earlier post.).
The system deployed by the Mercedes AMG Petronas Formula One Team and Qualcomm Technologies comprises several Qualcomm Snapdragon 805 processors with Qualcomm VIVE 802.11ac Wi-Fi, along with multiple access points, one in the pit lane and one in the garage, to improve the speed of connectivity and data transfer.
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