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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. With every new service or connected entity, a new attack vector is born. The risk is immense. Just one cyber-hack can cost an automaker $1.1

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DOT awards U-M-led hub $15M for connected and automated transportation

Green Car Congress

The US Department of Transportation has awarded a $15-million grant to renew the Center for Connected and Automated Transportation (CCAT), based in Ann Arbor and led by the University of Michigan. Platooning connected and automated freight trucks to reduce traffic delays and wear and tear on roads.

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

And the automobile industry in India is a significant contributor to the country’s economy. These skills include expertise in future technologies such as electric vehicles (EVs), autonomous driving, networking, and data analytics. It’s no secret that the Indian economy witnessed a great year, closing 2023 with a GDP of USD 3.73

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NHTSA Tells Auto Industry Not to Comply With Massachusetts Data Laws

The Truth About Cars

The National Highway Traffic Safety Administration (NHTSA) has advised automakers not to comply with a Massachusetts vehicle telematics rule designed to ensure customers have control over what happens with their private data. However, the above is really more of a problem with vehicular connectivity in general than anything else.

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Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices!

CleanTechnica EVs

Our dealer-connected auto industry veteran of many years, Jo Borras, came across a big find this week. continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! It’s a Cox. appeared first on CleanTechnica.

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Next phase of THEA’s connected vehicle pilot brings together auto manufacturers and road operators

Green Car Congress

Since September 2015, the Tampa Hillsborough Expressway Authority (THEA) has been working with the United States Department of Transportation (USDOT) as a Connected Vehicle Pilot site. The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers.

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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