The global automotive industry experienced a 20% drop in company filings mentions of cybersecurity in Q2 2023 compared with the previous quarter, with the highest share accounted for by Didi Global with 22% year-on-year increase, according to GlobalData’s analysis of over 151 automotive company filings. GlobalData’s Cybersecurity in Automotive – Thematic Research market report provides a detailed understanding on how Cybersecurity impacts the value chain in the Automotive sector, and the leading Cybersecurity adopters and vendors in the market. Buy the report here.
Notably, cybersecurity was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of governance and renewable energy, according to GlobalData.
Of the top leading companies in the automotive industry, Didi Global had the greatest increase in references for cybersecurity in Q2 2023, compared with the previous quarter. GlobalData identified 79 cybersecurity-related sentences in the company's filings - 3% of all sentences - and an increase of 22% in Q2 2023 compared with Q2 2022. Li Auto’s mentions of cybersecurity rose by 20% to 61 and Tata Motors’s by 255% to 39 and General Motors’s by 13% to 27 and Geely Automobile’s by 122% to 20.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q2 2023 was 150.
To further understand GlobalData's analysis on Cybersecurity in Automotive - Thematic Research, buy the report here.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
