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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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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

Green Car Congress

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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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

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Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. —Sami Atiya, President of ABB Robotics & Discrete Automation.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. If the winning formula is greater knowledge = greater consumer interest, electric vehicle manufacturers must focus their marketing on increasing familiarity with BEVs, Ipsos said.

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

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

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

Green Car Congress

The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers. Original Equipment Manufacturer (OEMs) vehicles and hardware provide the next evolution of delivering safer transportation.

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