The concept of the car Internet is derived from the Internet of things, or called the Internet of vehicle(IoV). Broadly speaking, telematics dash cam, smart player, GPS anti-theft tracker, tire pressure detection… can be regarded as vehicle networking equipment. The definition of the Internet of vehicle is to provide comprehensive information service through all-round connection and data interaction between vehicles and vehicles, vehicles and roads, vehicles and people, vehicles and service platforms, and to form a new industry form of deep integration such as automobile, electronics, information communication, road transportation, etc. At the same time, it is pointed out that the auto-network industry is the global innovation hotspot and the future development high point.

V2X technology, the key technology to achieve full network connection of the Internet of vehicles, has recently been promoted by 5G technology and is considered to have more development opportunities.

V2X technology is a new generation of information and communication technology that connects the vehicle to everything. V stands for the vehicle and X stands for anything that interacts with the vehicle, such as vehicle, person, traffic infrastructure and the network. Therefore, the interactive information mode included in V2X is shown as follows: Vehicle to Vehicle (V2V), Vehicle to Infrastructure (V2I), Vehicle to Pedestrian (V2P) and Vehicle to Network (V2N).

The industry generally believes that V2X communication technology including DSRC and c-v2x. DSRC is an efficient wireless communication technology that provides high-speed data transmission and guarantees low latency and interference of communication links, requiring vehicle installation of on-board units (OBU) and road infrastructure installation of roadside units (RSU). C-v2x, based on cellular network as the foundation, is a key research direction of 5G in the future, and also a proprietary protocol of Internet of vehicles. As for the application scenarios of Internet of vehicles, c-v2x uses cellular phone base station technology to connect all vehicles and road infrastructure in the transportation ecosystem.

It can be seen that the development of car networking is inseparable from the iteration of communication technology. The arrival of 5G is a revolutionary node for the Internet of vehicles technology. According to the International Telecommunication Union (ITU), the 5G application scenario includes not only “low-power massive connection” and “low-latency high-reliability” but also “mobile broadband enhancement” (high network speed). With the characteristics of low delay, high reliability and large bandwidth, 5G can provide users with an end-to-end delay of a millisecond and close to 100% service reliability. It enhances the intelligence of the transportation system and the safety of driving by increasing the speed of data transmission between the vehicle and the surrounding environment (vehicles, people, road signs, etc.), making different intelligent transportation application components more interconnected. The development of 5G technology will help V2X technology release huge energy.

Trend: convergence of Internet of vehicle technology and autonomous driving technology

The implementation of autonomous driving requires vehicle networking technology as a basis for support.

On the one hand, one single vehicle perception still has some shortcomings in certain aspects, which is easy to be restricted. V2X is the development direction to improve the perceived success rate. It can provide more abundant real-time information beyond radar detection for autonomous vehicles. For example, a single vehicle cannot see blocked pedestrians or obstacles, and V2X technology can transmit information to the vehicle.

On the other hand, from the perspective of the transportation system, the Internet of vehicles technology can help achieve vehicle road coordination, and combine various traffic participation elements to achieve intelligent control, realizing greater efficiency. For example, the traffic lights, cameras, radars and other devices on the road are networked and edge-calculated, and sent to the platform in real time to enable the vehicle to understand traffic information and dangerous conditions in real time.

Automatic driving is the carrier to realize the value of the Internet of vehicles. The value forms generated by the combination of the Internet of vehicles and automatic driving are diverse.

First of all, as mentioned above, the value of Internet of vehicles is largely reflected in the collaboration between vehicles and the outside environment. The application of Internet of vehicles in terms of self-driving is to obtain driving environment conditions, process information and then solve traffic problems.

With the development of autonomous driving, the value of the Internet of vehicles will be more diversified. The future development of autonomous driving will not only liberate people but also free the Internet of vehicles. “Car” and “People” will become two independent service providers of the Internet of vehicles. In terms of “cars” service, the Internet of vehicles will continue to move toward vehicle safety and efficiency. In terms of “people” service, the Internet of vehicles may bring more possibilities for consumption ways.

Vision: mining the data value of the Internet of vehicles

The Internet of vehicles has a lot of room for development in terms of value realization. The amount of car data will explode in the future, and more and more sensors that exist in vehicles or infrastructure can collect a large amount of information at various times, places, and situations. Collecting information widely and using it effectively to optimize their own products and services, or to develop new in-car experiences and consumer scenarios for drivers and passengers could create significant competitive opportunities and advantages for industry participants.

McKinsey proposed the concept of “monetization of automobile data” and tried to find ways and means to realize the value of automobile data. They propose three models of value creation for automotive data: generating revenue, reducing costs, and enhancing security. The huge potential space hidden by data connections can bring more benefits to both customers and industry participants.

From the perspective of the scene, the value of the Internet of Vehicles data can be more concrete.

First of all, in the traffic scene, the great value of the Internet of vehicles data for transportation is its basic value. The realization of urban planning, intelligent traffic management, optimal route planning and other functions assisted by the Internet of vehicles can well solve the accident, vehicle congestion and other traffic problems.

In the service scenario, such as maintenance data, test data, spare parts data, etc. can be applied to the improvement of post-market service quality and efficiency, and insurance data, insurance claims data, financial loan data, credit data, etc. can be used for insurance finance.

In the personal scene, industry participants will have more room to play. On the one hand, based on the analysis and development of vehicle data, people can optimize a range of applications such as tourism, car life, shopping, social, etc., and better serve the owners. At the same time, after auto-driving liberators in the future, the car may be transformed into a mobile retail store and digital experience center. The future of automobiles may become a “third space” that transcends family and work, and becomes an environment where customers can access the Internet, consume and live. This transformation will, to a certain extent, amplify the customer’s consumption patterns and change the way customers experience, thus bringing more business models to industry participants.

The future: the challenge of value release

Infrastructure
The construction of the vehicle network ecological infrastructure will involve many specific and complex issues. For example, the form of the vehicle-mounted terminal is complex, and it will involve a large number of product forms such as front loading and rear loading; the roadside infrastructure will also involve RSU, roadside intelligent implementation (environment sensing equipment, laser radar, camera, etc.), MEC ( Multi-access edge calculation / mobile edge calculation), cellular base station (LTE or 5G base station) and other complex product forms. The road form is complex and diverse, there will be significant differences in infrastructure deployment principles in various scenarios.There are still many problems to be solved to unify the construction standard & the reconstruction standard and push the implementation of infrastructure.

Business model
At present, the business model of the Internet of vehicles still needs to be planned and gradually formed. The investment entities in many parts are still unclear. We all know that cellular base stations are clearly deployed by operators, but who will invest on RSUs, roadside smart facilities involved in the deployment of roadside infrastructure? At the same time, the investment required to build the car networking ecosystem is huge, and the uncertain returns behind the huge investment and the risk of legal security liability have become the key factors for industrial development. In terms of operation methods, there are several different types of operating entities on the Internet of vehicles, including government-owned or joint-venture enterprises, highway service providers, operators or tower companies. These operating entities still face the challenge of unclear operating mode. The charging model for the operating entities and the target charging users have not yet formed a completely clear plan, thus a further exploration is still needed.

Data ecosystem
To achieve a complete data ecosystem, users, enterprises, and value chains must work together. At the user aspect, companies need to communicate value propositions to consumers, make them recognize the value benefits behind building data ecosystems and trust that the data they share is stored and used responsibly. At the enterprise aspect, they need to be redefined organizational models, get rid of rigid isolated operations and achieve a higher degree of cross-functional collaboration. Also, the enterprise should constantly adapt to a fast-growing market, enabling the entire organization to benefit from digitalization. At the value chain aspect, market participants must develop partnerships in the value chain to achieve bilateral and multilateral cooperation in order to expand coverage in technology or business models, and build a more complete data ecosystem.

Face with the trillion-scale track of the IoV, Jimi keeps up with the market trends and launched JC400 telematics dash cam accordingly.

Product /Solution highlights:

Real-Time Connectivity
Data and video can be instantly uploaded through the network to a secure server

DMS
The driver monitoring systems is to alert the driver when signs of drowsiness or distraction(smoking, phone-call etc) are detected. Drivers receive an audio warning, while fleet managers receive an alert – which can include a photo capturing the incident.

Driver’s Behavior Analysis
Detects each driver’s driving behavior by high precise G-sensor algorithm, such as harsh acceleration and braking, sharp turn, and over-speed.

Video On-Demand
Automatic transmission of harsh events or collisions.Drivers can send footage at the press of panic button.

If you are interested in our intelligent telematics dash cam and solutions, please contact us to grasp the nodes of the Internet of Vehicles.