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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. 42% of automotive cyber-security incidents involve back-end application servers. These are having a measurable impact on fraud and data privacy.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The warning came as a new report published by the Society of Motor Manufacturers and Traders (SMMT) confirmed that the fleet average CO 2 of newly registered cars rose for the first time in 2017, despite vehicles becoming ever more efficient. in 2017 to 119,821 units. of the overall new car market in 2017. to a new low of 165.4

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

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 auto industry. Buoyed by its huge domestic market (8.5

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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. They contend that the Chinese government unfairly subsidizes its auto sector, making prices uncompetitively low. Because it’s already happened, in this very industry, just over the course of the trailing decade.

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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate

Green Car Congress

At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The latest ACEA data show that in the first half of 2017, electrically-chargeable vehicles made up 1.2%

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EPA: GHG emissions standards for cars and light trucks should be revised; joint process with NHTSA (updated with more reactions)

Green Car Congress

Negative reaction to the widely expected announcement was voluminous and vociferous: Ceres: “Rolling back the Corporate Average Fuel Economy (CAFE) and emissions standards will undermine the global competitiveness of the US auto industry. This decision takes the U.S.

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