vehicle

Intel in talks with automakers to produce vehicle chips as shortages bite

By ev3v4hn 4 weeks ago
In a nutshell: Intel wants to step in and help the automotive industry by creating chips for vehicles. CEO Pat Gelsinger said the company aims to produce the silicon within six to nine months.

We heard last week that Gelsinger was one of several executives from top chipmakers and auto manufacturers set to meet with high-level officials within the Biden administration to discuss the semiconductor supply chain issues. Execs from Dell, Samsung, Ford, HP, AT&T, Alphabet, General Motors, and others attended the April 12 meeting.

Following yesterday’s gathering, Gelsinger said Intel was talking to companies that design chips for automakers about manufacturing them in its fabs. The CEO last month unveiled plans to open up the company’s current and planned manufacturing capacity to other chipmakers through the launch of Intel Foundry Services.

Intel is spending $20 billion on two new state-of-the-art fabs focused on EUV-based (extreme ultraviolet) process technologies at

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Panasonic, McAfee team up to tackle vehicle cybersecurity

By ev3v4hn 1 month ago

Panasonic and McAfee are joining forces to establish a vehicle security operations center (SOC) to tackle the ongoing threat of cyberattacks. 

Announced on Tuesday, the new partnership involves both companies jointly creating an SOC to “commercialize vehicle security monitoring services,” with a specific focus on early detection and response.  

Smart and intelligent vehicle features, now becoming more common in new models, require connectivity. This is usually established through Bluetooth and internet connections, which — unless properly protected — can also give attackers a chance to establish a foothold into a vehicle’s system. In addition, software vulnerabilities can also be exploited to tamper with a car’s functionality. 

While everything from machine learning-based driver assistance, maps, and entertainment apps are being developed in the automotive industry to appeal to modern drivers, cybersecurity is not necessarily being given the same attention — a gap Panasonic and McAfee aim to plug. 

This isn’t

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Volkswagen Soared Thanks to Its Electric Vehicle Push. Who’s Next?

By ev3v4hn 2 months ago

Shares of Volkswagen (OTC:VWAGY) shot higher last week after the German automaker laid out its plan to surpass Tesla and become the world’s largest seller of electric vehicles (EVs) by 2025.

Volkswagen’s plan appears doable, and that in turn appears to have caused investors to reassess assumptions that as the automotive industry transforms the dinosaurs are destined to go extinct. From the looks of it, Volkswagen is set up well to do just fine as EVs go mainstream in the years to come.

Volkswagen isn’t the only legacy automaker laying the groundwork to be a survivor. Here’s why three Fool.com contributors believe shares of General Motors (NYSE:GM), Ford Motor (NYSE:F), and Magna International (NYSE:MGA) have the potential to get a charge due to electrification.

Illustration of an electric vehicle parked at a charging station.

Image source: Getty Images.

One of the biggest potential EV producers is also one of the

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All the Electric Vehicle Stocks You Can Invest in Right Now — and 3 Top Picks

By ev3v4hn 3 months ago

The automotive industry is going electric at a frantic pace, with new companies seemingly coming on the scene daily. It can be difficult for even the most dedicated auto investor to keep up with the action.

We Fools appreciate as well as anyone how tough it can be to sort through the ever-growing list of public companies involved in electric vehicle production and support. With that in mind, we created a list of who’s who to help guide you (and us) through the sector. 

Here’s a list of the many options available to investors interested in EVs, and three stocks that Foolish contributors are keeping their eyes on as potential long-term winners. 

EV makers (or start-ups planning to make electric vehicles)

Pure-play suppliers of EV components

  • Hyliion (NYSE:HYLN) – heavy-truck drivetrains
  • Romeo Power (NYSE:RMO) – batteries for big trucks, buses, construction equipment
  • QuantumScape (NYSE:QS)
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