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Thyssenkrupp Cyberattack Confirmed, Impacts Automotive Unit
A recent cyberattack on Thyssenkrupp’s automotive unit has disrupted production in the car parts division, though the company assures it is fulfilling orders despite the setback. The Thyssenkrupp cyberattack occurred at a plant located in Duisburg, Germany, where a Thyssenkrupp employee detected the breach. Fortunately, initial investigations reveal no evidence of data theft or manipulation…
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Biden Calls Chinese Electric Vehicles a Security Threat
The president ordered an investigation into auto technology that could track U.S. drivers, part of a broader effort to stop E.V. and other smart-car imports from China. President Biden took steps on Thursday toward blocking internet-connected Chinese cars and trucks from entry to the American auto market, including electric vehicles, saying they posed risks to…
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Tech giants and their automobile dream: Status report
By: HT Auto Desk | Updated on: 29 Feb 2024, 15:07 PM Share via: <!– In the last few years, from Sony to Huawei, Apple to Xiaomi; traditional technology giants have been making major headlines with their automotive ventures throwing challenges to conventional auto OEMs. What’s the current status of such tech companies’ automotive projects?…
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Ecarx Outpaces Nvidia in Automotive Tech Race, Targets Global Mark…
In a significant shift within the automotive technology industry, Ecarx, a company founded by Geely’s Eric Li, is making waves with its impressive financial achievements and strategic global market expansion plans. Backed by the Chinese automotive giant Geely, Ecarx has reported a remarkable 22% revenue increase to $263 million in its fourth quarter, notably outperforming…
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Ferrari To Equip HARMAN Ready Care In Road Vehicles
HARMAN Automotive, a subsidiary of Samsung Electronics Co Ltd, has announced the extension of its partnership with Scuderia Ferrari for the 2024 Formula One season. This collaboration not only reaffirms HARMAN’s status as an Official Partner of the esteemed racing team but also heralds a significant technological leap forward, with Ferrari poised to become the…
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Geely’s Ecarx Rises in Auto Tech, Targets Global Expansion Amid Nv…
Amid a competitive landscape dominated by industry giants like Nvidia and Qualcomm, Ecarx, a Geely-backed automotive technology firm, is making significant strides. Founded in 2017 by Eric Li, Geely’s chairman, the company has reported a notable increase in revenue, positioning itself as a key player in the digital car cockpit and driver assist system market.…
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Ecarx Challenges Nvidia in Auto Tech: Geely’s Tech Arm Sees Rising…
Amidst the fiercely competitive landscape of automotive technology, Ecarx, a Geely-backed enterprise, is swiftly emerging as a formidable contender, setting the stage for an intense rivalry with Nvidia. Under the stewardship of Geely’s founder, Eric Li, since 2017, Ecarx has been at the forefront of developing sophisticated software and chip systems designed for digital car…
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Myanmar and India Forge New Paths in Automotive Tech at Mach Auto …
The 13th Mach Auto Expo 2024, held in Ludhiana City, Punjab Province, India, became a pivotal arena for fostering discussions on burgeoning investment opportunities and potential collaboration in automotive technology between Myanmar and India. This significant event, outlined by the presence of Myanmar’s ambassador to India, U Moe Kyaw Aung, spotlighted the trade and investment…
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Honda combines personal mobility and VR in extended reality mobility experience
<img class="unveil" loading="eager" src="https://static.beescdn.com/news.myworldfix.com/2023/11/etauto-default.jpg" data-src="https://etimg.etb2bimg.com/photo/108091286.cms" captionrendered="1" alt=" UNI-ONE features a seat that can be raised and lowered, making mobility more fun when interacting with people at the same eye level. “>UNI-ONE features a seat that can be raised and lowered, making mobility more fun when interacting with people at the same eye level. Honda will…
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2000 jobs at risk as Apple parks its EV in the trash
The jobs of 2000 Apple employees hang in the balance. Apple’s bombshell move to pull the plug on its EV project, codenamed Titan, comes after a staggered climb-down from earlier ambitious plans. The company previously limited the planned car’s autonomous features and downgraded the EV to Level 2+ autonomy, Bloomberg reported. It has been reported…