3 Automotive Industry News Topics You Should Know About

The auto industry is rife with extremely convenient technological features and significant performance upgrades. This gives us plenty of current auto industry news updates to share with our followers. Here, we will be discussing some of the top conversations around electric vehicles. 



Vehicle Cybersecurity is Becoming a Problem

Cybersecurity threats are nothing new, but most people may only associate them with cell phones or computers. Electric cars are now a target for automotive cyber-attacks.

Because of the new technology that new vehicles have, it is possible that vehicles with gas-powered engines could also be affected by cybersecurity threats as well.

During the eighties and nineties, cyber security as it pertained to automobiles was not something that consumers or automakers even considered.

Although all vehicles are at risk of cyberattacks, consumers should not be concerned due to the likelihood of it happening. 

Since the technology in modern vehicles is advancing by the year, automotive cybersecurity is something to think more about. Emmet White of Autoweek noted that the change from hydraulic systems to electronic, driver-assisted systems, could be susceptible to hackers.

There are even subscription-based services that could be “jailbroken”, which leaves driver systems vulnerable to malicious misuse.

Tesla is participating in hacker events to determine the best ways to fight back against cyberattacks. These events allow hackers to show where their software is vulnerable. The process of establishing the weak points now will help make future cars safer for everyone on the road.

How The EV Market is Pushing for Faster Development

Electric vehicles have been around for a while now. Some automakers are keeping ICEs alive by attempting to make the fuel used in ICEs cleaner and more efficient.

Cars on the road are defined by their looks and features. The software allows automakers like Tesla to push for better performance through “over-the-air” updating of their software within their vehicles.

Battery-powered vehicles are said to change the overall driving experience of consumers on the road. There are plenty of reasons that people would purchase electric cars. 

For example, they need less maintenance than their ICE counterparts. Regularly scheduled services like oil changes are unnecessary. That makes the most common automotive services things like brake repairs and tire replacement.

SVDs, or software-defined vehicles, are more connected than ICEs. Through “over-the-air” updates, vehicle software can be updated to improve everything from horsepower to sensors on the exterior of the vehicle.

SVDs will lower the costs for consumers and automakers by preventing vehicle breakdowns as well. Electric vehicles do not have to have the same number of components as ICEs, so maintenance and repairs will not be prevalent.

Lithium Is the Way Forward If EVs Are to Become Mainstream

For more efficient batteries to be created, elements like Lithium are being extracted from places across the world. Lithium is a common element that is used in most batteries on sale at stores today. You can buy them and use them in everyday products, and cars are no different.

Extracting lithium is an expensive process with it still being close to double the price it was in October 2021, according to Reuters.

There is high demand for lithium due to the increase in electric vehicle production. With lithium batteries proven to be the best solution for EVs, the demand will only increase.

Demand is expected to rise from 300,000 tons in 2020 to three million tons of lithium by 2030 to accommodate the 2 billion EVs that are expected to be on roads by 2050, according to Reuters.

EVs have been accepted in society because of the potential to change the way we account for pollution. They are also becoming more popular because of the potential to change the way we view the driving experience. One thing is for certain. EVs are an ever-present reminder of the changing norms in the automotive industry.

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