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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.

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Kia’s low-cost EVs are taking the auto industry by storm, now the EV4 is arriving

Electrek

Kias new EV3 and EV5 are already climbing the sales charts in several key markets. 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.

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Tesla’s market cap drop is worth almost the entire legacy auto industry

Electrek

Tesla’s loss in market capitalization equals almost the entire legacy auto industry combined – one of the most significant losses in value of all time. The post Tesla’s market cap drop is worth almost the entire legacy auto industry appeared first on Electrek.

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Ford’s South Africa Plant Starts Producing The New Ford Ranger PHEV For The Global Market

CleanTechnica EVs

As the transition to electric vehicles accelerates in several markets around the world, countries where the auto industry 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 auto industry is a key pillar.

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Changan Beats BYD to Market in Colombia with Its EREV Pickup Truck, the Changan Hunter

CleanTechnica EVs

Much has been written about the BYD Shark, the stylish EREV pickup truck that will face one of the most established segments of the legacy auto industry in the developing world and Oceania for now. But BYD is not the only player aiming for a piece of this lucrative.

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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.

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US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%

CleanTechnica EVs

The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. continued] The post US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% appeared first on CleanTechnica.