Automotive IoT employs the technology of embedding smart sensors in vehicles and connects them with car dashboards for critical, real-time diagnostics.
The use of IoT in the automotive sector offers many advantages such as advanced telematics, V2X (vehicle-to-everything) communication, and near field communication (NFC).
Enhanced connectivity in smart cars means real-time traffic reporting, minimizing road collisions, and advanced traffic routing—all of which will eventually pave the way for fully autonomous vehicles to take over the roads.
More number of EVs plying on the roads also means a more eco-friendly vehicular fleet since EVs produce 50% less CO2 emission than the typical ICE-equipped automobiles.
Manufacturing EVs is a win-win for all quarters since customers want them, governments offer subsidies to EV manufacturers, and it costs automakers less to produce and distribute EVs than the traditional vehicles.
Automotive IoT goes hand-in-hand with EVs because consumers today are inclined to buy and use cars that are closer to their smartphones in design and functionality than the cars of yesteryears. Consumers expect their vehicles to be run like a software application that they can personalize, operate, and interact with without the manual hassles.
Automotive IoT checks all the boxes and offers future-ready capabilities like self-driving which is predicted to be the norm in tomorrow’s hyperconnected world.