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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

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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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ISU study finds large potential for biobased materials in auto industry, but with challenges

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However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations. Other factors used to determine the best material for manufacturing parts for vehicles include: Part performance. General Motors.

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SEAT reduces waste by 34% since 2010, expects to achieve 60% reduction by 2025

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Since 2010, SEAT, a member of the Volkswagen Group, has improved its production-related environmental footprint by 34% on average with measures to emit less CO 2 and fewer volatile organic compounds, generate less waste and consume less water and energy. and 30.9%, respectively. and generated 34.2% less waste.

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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

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The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

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The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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German ELAB study finds growth of alternative drivetrains to increase employment opportunities in auto industry

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The research project was initiated by the General Works Council of Daimler AG and started in December 2010 together with Daimler, IG Metall Baden-Württemberg (Industrial Union of Metal Workers) and the Hans Böckler Foundation. Employee qualification requirements will change accordingly.

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Auto Industry Backs Additional Funding for Research into Impacts of Mid-Level Ethanol Blends

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The Alliance of Automobile Manufacturers (AAM) and the Association of International Automobile Manufacturers (AIAM) sent a letter to US House and Senate Energy and Water Appropriators in support of additional funding to complete research into the impacts of mid-level blends of ethanol. Source: Joint IEPR/TC workshop. Click to enlarge.