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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.

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

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Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. 04/01/2022 Images are for editorial use only.

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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

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XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks. Capgemini and Audi have launched a joint venture: XL2. Following regulatory approvals, the company was founded at the end of April.

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

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In light of new findings by the National Transportation Safety Board (NTSB) related to investigation of a fatal Tesla crash in 2018 related to Tesla Autopilot, Consumer Reports called for manufacturers to include key safety features in any vehicle that has an active driving assistance system and for the National Highway Traffic Safety Administration (..)

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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.

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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. People’s Daily. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

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Although auto industry companies dominate the category, a number of more specialized technology and research institutions have amassed a noteworthy collection of self-driving vehicle-related patents. Toyota and Hyundai take the second and third places.