Remove Auto Industry Remove Cars Remove Green Remove Industry
article thumbnail

How Much Is The German Auto Industry Under Threat?

CleanTechnica EVs

Several years ago, the German government expressed its concerns about exporting German car-building jobs to China and the attendant political and economic upheaval that would entail.

article thumbnail

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. Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues.

article thumbnail

2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

article thumbnail

Stellantis CEO: Speeding Up EV Transition Is “Beyond The Limits” Of What Auto Industry Can Sustain

CleanTechnica EVs

By Johnna Crider and Zachary Shahan In an interview at the Reuters Next conference, Stellantis CEO Carlos Tavares said that the costs of speeding up the transition to EVs are “beyond the limits” of what the auto industry can sustain.

article thumbnail

Will US auto industry simply succumb to China over electric cars?

Green Car Reports

auto industry was the world's largest. in electric-car. For a century, the U.S. That ended in 2009, when China's sales of 13.5 million new vehicles surpassed a recession-slammed U.S. total of 10.4 Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China.

article thumbnail

EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. —“CARS 2020”. social impacts of restructuring. Earlier post.)

article thumbnail

Tesla Operating Margin #1 In Industry

CleanTechnica EVs

One of the highlights of the annual Tesla shareholder meeting held earlier today was a graph showing that Tesla has risen to #1 in the auto industry in terms of operating margin. Luxury car companies known for their solid operating margins and gross profits are solid steps below Tesla now. The brand with the second […].