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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. —Oded Yarkoni, Head of Marketing at Upstream Security.

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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 SMMT New Car CO 2 Report 2018: Driving the transition to a low carbon future showed that carbon tailpipe emissions rose last year for the first time in two decades by 0.8% Diesel market share declined by more than five percentage points to 42.0%. million strong new car market still powered, wholly or in part, by gasoline or diesel.

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Aston Martin and LeEco partner to co-develop RapidE EV for market intro in 2018; potential to add Faraday Future

Green Car Congress

Both companies are now focused on bringing the RapidE to market in 2018 utilizing the best technologies from the companies’ portfolios. We have been targeting the highest standard in the auto industry in terms of design, R&D and manufacturing of our electric cars.

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Hillcrest Energy and Hercules Electric partner on electric powertrains

Green Car Congress

Hillcrest Energy Technologies, a developer of power conversion technologies and control system solutions for next-generation electrical systems, and Hercules Electric Mobility, a company bringing electric propulsion systems to market for recreational boating and marine applications, have signed a memorandum of understanding (MOU).

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill would take effect 1 July 2018. —Auto Alliance.

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Volkswagen extending Automotive Cloud to China and US in addition to Europe; core markets for future ID. EV

Green Car Congress

In September 2018, Volkswagen and Microsoft announced a strategic partnership to. develop the Volkswagen Automotive Cloud, one of the largest dedicated automotive industry clouds for all future Volkswagen digital services and mobility offerings. Volkswagen is preparing its digital ecosystem for the core markets of the future ID.

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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

Green Car Congress

The research on electric vehicle uptake around the world is clear: electric vehicle manufacturing growth happens where there are strong national policies designed to spur the market forward. Great promotional events and bold aspirational statements by the domestic auto industry can’t mask the facts. million over the same period.

Global 397