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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

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 auto industry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.

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Panasonic seeks to expand business in the auto industry 

Teslarati

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.

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Tesla tops the list of most satisfied customers in the entire auto industry

Electrek

Tesla has topped the list of most satisfied customers in the entire auto industry, 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 auto industry appeared first on Electrek.

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Stellantis strengthens ties with China’s auto industry

Teslarati

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.

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Ultra-fast battery maker StoreDot hires auto industry head as chair

Electrek

StoreDot , makers of ultra-fast, Tesla-like 4680 cells, today announced that it’s appointed global auto industry leader Carl-Peter Forster as chairman. The post Ultra-fast battery maker StoreDot hires auto industry head as chair appeared first on Electrek.

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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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“Not a single year to lose:” Auto industry is pushing world well beyond 1.5°C

The Driven EV News

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:” Auto industry is pushing world well beyond 1.5°C C appeared first on The Driven.