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Staff numbers slashed, big heads roll as Tesla rethinks future as car maker

The Driven EV News

Could the abrupt deceleration in EV demand and rise of China competition change Tesla's auto industry plans? Analysts ponder future as Musk flags big staff cuts and key people leave. The post Staff numbers slashed, big heads roll as Tesla rethinks future as car maker appeared first on The Driven.

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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.

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NIO's William Li expects China's auto industry chain to stabilize by March or April

CN EV Post

"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said. The post NIO's William Li expects China's auto industry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

These skills include expertise in future technologies such as electric vehicles (EVs), autonomous driving, networking, and data analytics. The post Fast evolving auto industry needs befitting HR solutions | Autocar Professional appeared first on Bauaelectric Auto News. G S Ramesh is the Chaiman of Layam Group.

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Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

When Tesla’s market cap, making sustainable energy products, exceeds that of Aramco, producing fossil fuels, you know the future will be good for Earth. In a recent tweet, Musk noted that when Tesla’s market cap exceeds that of Saudi Aramco, then that is the time when people can see that the future would be good for the planet.

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Visiting Ford EV Center, Biden says, “The future of the auto industry is electric”

Plug in America

The future of the auto industry is electric,” said President Biden. We will continue ensuring that the voices of EV drivers, like you, are heard by policymakers shaping the future of electric transportation! There’s no turning back. … The only question is whether we’ll lead the race or fall behind.”

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

Green Car Congress

This joint venture will enable us to further develop HASCO’s leading position with automated solutions that benefit customers in China which—as one of the largest automotive manufacturing marketplaces—will play a pivotal role in delivering a sustainable transport future.