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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. Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues.

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

Teslarati

It’s easy to fall into the Tesla vs. legacy auto narrative. Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Tesla did force the automotive industry to go electric. — Elon Musk (@elonmusk) May 25, 2022.

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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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Will the Japanese Auto Industry Completely Collapse?

My Electric Car

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 The construction of numerous factories is an indication of the speed at which these trends will be adopted in the near future.

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UK Auto Industry Left Behind as Carmakers Focus EV Production in EU Countries

EV Obssesion

The UK will slump to producing just 4% of the electric cars made in Europe by 2030 according to a report from Transport & Environment (T&E). A chronic lack of future investment in UK factories by carmakers is to blame with the […]. In 2018, 50% of all the EVs made in Europe were produced in the UK.