This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Cyber hacks might cost the autoindustry 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.
China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese AutoIndustry Development Report. Developing the industrial system. L/100km (40 mpg US) or less.
With more low-cost EVs arriving this year, including the EV4, its first electric sedan (and hatch), this could be just the start to Kias global sales run. Kias new EV3 and EV5 are already climbing the sales charts in several key markets.
The International Council on Clean Transportation (ICCT) just dropped its third annual Global Automaker Rating, showing that Chinese carmakers dominate the zero-emission vehicle (ZEV) space. China now accounts for over 11 million EVs sold annually – over half of global EV sales. ” India’s Tata Motors also hit a turning point.
As the transition to electric vehicles accelerates in several markets around the world, countries where the autoindustry contributes significantly to their local economies need to accelerate their EV production to safeguard the future of their industries. An example of a country where the autoindustry is a key pillar.
Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. The autoindustry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.
In this article, I analyze the competitive landscape of electric vehicles (EVs) in China, focusing on the Xpeng Mona M03 and others’ effect on the globalauto market. continued] The post How Chinese Cars Like The XPeng Mona M03 Will Impact The GlobalAutoIndustry appeared first on CleanTechnica.
and is an innovation leader with the highest number of patents filed amongst other global automakers. Nevertheless, the investment announced remain important for automakers from a perspective of sustaining the ongoing disruptions in the automotive industry. The company leads in deals (M&A, partnerships, JV, etc.)
Percentage of Global R&D Spending by Industry, 2013. Source: Booz & Company “Global Innovation”; Battelle R&D Magazine; Center for Automotive Research 2012. After reviewing of the works of several researchers and government agencies, CAR developed a working definition to differentiate high-tech industries from other sectors.
The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.
Tesla has topped the list of most satisfied customers in the entire autoindustry, with Model 3 taking the top spot for for all cars globally. The post Tesla tops the list of most satisfied customers in the entire autoindustry appeared first on Electrek.
Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the autoindustry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.
A report shows that unless carmakers make significant changes in three key areas, the global automotive industry will crash through its carbon budget by 75% The post “Not a single year to lose:” Autoindustry is pushing world well beyond 1.5°C C appeared first on The Driven.
The new EV features ultra-fast charging and starts at under $24,000 as China widens its lead on the globalautoindustry. CATLs new Choco-SEB battery pack can be swapped in 100 seconds, making it just as quick as filling up at a gas station.
StoreDot , makers of ultra-fast, Tesla-like 4680 cells, today announced that it’s appointed globalautoindustry leader Carl-Peter Forster as chairman. The post Ultra-fast battery maker StoreDot hires autoindustry head as chair appeared first on Electrek.
In the long term, the energy density needs for electric aviation far outstrip the goals of current DOE and industry investments, requiring strategic thinking around the best approaches to enable this future. So, the next decade will see a global race to commercialize electric flight, according to the white paper.
EV tax credits work Industry-wide, 87% of all EVs purchased or leased in 2024 received the federal EV tax credit. Contrary to what many Americans believe, the United States is not the global leader in automotive manufacturing. autoindustry is currently the second largest in the world.
After its meteoric rise in the globalautoindustry last year, the Chinese EV giant is off to a hot start in 2025. BYD sold over one million EVs and plug-in hybrids in the first three months of the year. Even more impressive, BYDs overseas sales doubled to start the year as it expands into new markets.
Globally, the DM-i model also holds an important position. vastly improve the integrity of pure EVs as one of the industry’s safest power batteries. will continue to be open to the industry, further accelerating the electrification of automobiles. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market.
Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric autoindustry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.
It’s also in line with what is expected of other industry sectors, as well as the EU Climate and Energy Framework and the global Paris agreement. Our industry is committed to being part of the solution when it comes to decarbonizing road transport, while at the same time reducing pollutant emissions. This is a steep reduction.
With more low-cost EVs arriving this year, including the EV4, its first electric sedan (and hatch), this could be just the start to Kias global sales run. Kias new EV3 and EV5 are already climbing the sales charts in several key markets.
Most Americans still aren't ready to buy an EV, according to the Deloitte 2022 Global Automotive Study, which examines consumer perceptions of electrification and other technology movements in the autoindustry.
Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.
The acceleration in Europe supports Ford’s goal to sell more than 2 million EVs globally by 2026 and deliver company adjusted EBIT margin of 10%. and Koç Holding have signed a non-binding Memorandum of Understanding for a new, industry-leading joint venture business in Turkey. New battery gigafactory in Turkey.
Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. Panasonic Automotive already formed relationships with companies in the industry, like Amazon and Fisker. Panasonic agreed to sell a stake in its automotive unit to Apollo Global Management in November.
We’ve turned a big corner when it comes to electrification of the autoindustry. continued] The post Automakers Continue To Lobby For Global Heating, Against EVs appeared first on CleanTechnica. That changed with the anticipation for and arrival of the Tesla Model 3, EU regulations requiring than.
Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the autoindustry.
While AVs represent a whole new platform for mobility, companies venturing into this space—new-entrants as well as the traditional autoindustry—should be taking a clear-eyed look at their pathway to a viable business model, including perhaps partnering with others to reduce risk on their autonomous-vehicle programs.
Very high strength 7000-series aluminum alloys have been in development for and in use in aerospace applications for decades, said Duane Bendzinski, Novelis Global Director of Technology, Automotive. That’s what we’re doing—taking the basic chemistry in metallurgy, and adapting it for the needs of the autoindustry.
Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new autoindustry in Croatia. Global automotive producers have shifted production towards CEE countries from Western Europe.
Despite supply chain issues that have affected the entire autoindustry, Volkswagen claims to have reached a delivery goal for its ID-family electric cars early. VW on Monday said it had passed 500,000 global deliveries of ID models since the first European-market ID.3 3 hatchbacks were handed over to customers in October 2020.
The Department first offered loans to Tesla and other auto manufacturers in June 2009, when car companies couldn’t get other financing and many people questioned whether the industry would survive. This is another important contribution to what the Obama Administration has done to preserve and promote America’s autoindustry.
The Volkswagen Group announced that it is choosing CO 2 as the future low global warming potential (GWP) refrigerant for its mobile air conditioning (MAC) systems. With a GWP (Global Warming Potential) value of 1, R744 is 99.3% Earlier post.). below the EU’s now-specified GWP limit of 150 for MAC systems.
to meet the growing global demand for its next-generation mobile air conditioning (MAC) refrigerant. With this start-up, the plant has become the world’s largest site for producing HFO-1234yf—sold commercially as Solstice yf—a low-global-warming-potential (GWP) refrigerant. Earlier post.).
Ward's Auto is reporting that Hyundai and Renault are eyeing a return to the Russian market, assuming that Russia and Ukraine reach a peace deal following the former's invasion of the latter. if the fighting stops, the two global automakers, which left the Russian market due to the conflict, might reenter it.
Elon Musk lays out a key difference in Tesla's business model that could significantly improve the way the globalautoindustry works. The post “The best service is no service:” How Tesla’s business model will change the car industry appeared first on The Driven.
The investment will enable DiDi to further enhance safety and efficiency by continuing its investment in advanced research and development of autonomous driving technology and testing, as well as deepen industry cooperation, and accelerate the deployment of autonomous driving services in specific areas in China and abroad.
The research has been published by the Manufacturing Intelligence division of global technology company Hexagon, whose technology touches 95% of all cars produced every year. —Ignazio Dentici, VP Global eMobility Industry for Hexagon’s Manufacturing Intelligence division.
Further, according to the latest IHS Markit forecasts, the globalautoindustry will exerience an unprecedented and almost instant stalling of demand in 2020, with globalauto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units.
The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles. Aleris has served the automotive industry from its facility in Duffel for many years.
The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. for the whole Chinese autoindustry. EV sales in China dropped 75.2% y/y in February, with a decline of 79.1%
Auto manufacturers must participate in the startup ecosystem to stay ahead of the rapid shift in the autoindustry,” said Jim Adler, managing director of Toyota AI Ventures. Sea Machines: Building autonomous control and navigation systems for the maritime industry.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content