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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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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

The automotive sector is undergoing rapid transformation, which necessitates the need for personnel to possess a varied range of skills. 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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EU auto sales expected to slow in 2024 as EV share increases: ACEA

Teslarati

Manufacturers group the Association des Constructeurs européens d’Automobiles (ACEA) announced its latest forecast in a press release on Wednesday, which predicts that EU new car sales will increase by just 2.5 In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. —“CARS 2020”. The car sector will also face a similar trend.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe.

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China's transition to new emission standard: How will this affect auto market?

CN EV Post

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

billion in subsidies for car purchases. (A A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. billion in subsidies for car purchases, according to a poster on its website. family models as the price war in China's auto industry intensified.

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