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The Global Electric Vehicle Motor Market size is expected to reach $19 2 billion by 2028, rising at a market growth of 20 4% CAGR during the forecast period

The Global Automotive Cybersecurity Market size is expected

Bosch acquires Five to accelerate software development for automated driving

Bosch is acquiring the UK-based automated driving startup Five. Five is to be part of the Bosch Cross-Domain Computing Solutions division. Five gave preference to Bosch over other takeover bidders. The two companies share a common vision of automated driving and of safe automated driving systems. The agreements with Five.

Bosch acquires Five to lead automated driving software

Bosch has today announced its acquisition of Five, an automated driving technology start-up based in the UK, to accelerate development of self-driving cars.

Foley Automotive Report - Key Automotive Industry Developments

According to the Center for Automotive Research, the crisis in Ukraine may result in shortages and price increases for neon gas, palladium, aluminum and nickel. Numerous automakers suspended business activities in Russia. European auto plants reduced or stopped production.

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