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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. The risk is immense.

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TTTech Auto launches Electronic Controls Design House for safety-certified hardware design & engineering; software-defined vehicles

Green Car Congress

TTTech Auto has launched the Electronic Controls Design House (ECDH) to help automotive manufacturers transition to the software-defined vehicle. The offering includes off-the-shelf electronic control units and services such as prototype development or design, industrialization, production and logistics of customized hardware.

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Bajaj Auto sees India 2W industry volume growing 8-10% YoY in FY24 | Autocar Professional

Baua Electric

Bajaj Auto Ltd expects domestic two-wheeler industry volume to grow 8-10% on a year-on-year basis during the current financial year with growth across all segments. Though the industry sales remain below the all-time high of 2018-2019, two-wheeler sales have been robust in 2023.

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Geely Auto Group and Tencent to cooperate on intelligent cockpits, digitalization, autonomous drive, and low-carbon development

Green Car Congress

Geely Auto Group and Tencent signed an agreement to carry out strategic cooperation in the fields of digitalization, intelligent cockpits, autonomous drive, and low-carbon development. Through this partnership, Geely and Tencent will also promote low-carbon development of the automotive industry and carbon neutrality as an industry goal.

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Consumer Reports calls for major safety improvements across auto industry after NTSB findings in Tesla investigation

Green Car Congress

CR’s call comes as the NTSB released a preliminary report on the fatal March 2018 crash of a Tesla vehicle with Autopilot engaged. It’s time for NHTSA to go beyond mere words and take some real, forceful action to keep people safe. —Ethan Douglas, senior policy analyst for cars and product safety at Consumer Reports. Earlier post.)

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Bajaj Auto sees 2W industry sales growing 7-8% in FY25, e2W sales growth in ‘high teens’ | Autocar Professional

Baua Electric

Bajaj Auto expects India’s two-wheeler industry sales to grow in the high single digits during the current financial year while electric two-wheeler sales growth is projected in the ‘high teens’ amid disruption caused by the changes in electric vehicle subsidy. percent on year to 1.80 Motorcycles grew 13.9 percent to 1.17

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UK Auto Industry Left Behind as Carmakers Focus EV Production in EU Countries

EV Obssesion

In 2018, 50% of all the EVs made in Europe were produced in the UK. The post UK Auto Industry Left Behind as Carmakers Focus EV Production in EU Countries appeared first on EV Obsession. A chronic lack of future investment in UK factories by carmakers is to blame with the […].