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May

IoT: Empowering the Electric Car and Connected Vehicles

Published: May 09, 2015 at 08:45 UTC
IoT: Empowering the Electric Car and Connected Vehicles

 It is nearly impossible to deny that the Internet of Things has and will continue to restructure all aspects of living.

With these incredible new innovations, new options in home security have been introduced, but it doesn’t stop there.

As new technology emerges, it is certain that IoT will continue to adapt and add a new layer of usefulness to older technologies.

Cars, roadways, homes, farm animals and everything in between will be revolutionized, due to this new technology.

Perhaps this enhancement is capable of offering more stable vehicles and safer roadways? In this comprehensive guide, you will discover how the IoT will empower and reform electric cars around the globe.

 

Future Innovations

Although the future is always uncertain, vehicle industry analysts believe that over fifty billion dollars will be invested in Internet enabled vehicles by 2017.

By 2025, it is suggested that every vehicle on the road will be connected in one manner or another.

This opens up a whole bundle of new innovations, within the vehicle industry.

In fact, vehicle manufacturers have already put out a message to developers to get involved and begin developing new vehicle related applications.

Below, you will find some startling statistics related to the current situation of the connected car.

  • In 2005, there were less than 900 million connected vehicles
  • In 2012, the number increased to 1.14 billion
  • On the worldwide market, 8% of vehicles are connected
  • 13% of all drivers in the United States use connected vehicle services

 

Factors for Growth

If there is one singular factor that could put a halt to this expansion, it would be the necessity for consumers to purchase and pay for additional services.

The cost of data plans on mobile phones and tablets is already colossal. It is certain many will not want to spend extra money, in order to enable their vehicles with telematics.

However, there are some regulations and changes, which will help to enable growth.

  • Governmental Mandates for Telematics – The government is implementing an increased number of requirements. With these, it is likely that vehicle manufacturers will be forced to install electronic services, such as eCalling and Vehicle Tracking. Since these will become embedded, it will influence a lower expense for the consumer.
  • The Introduction of New Pricing Structures – It is also certain that mobile Internet providers will implement new pricing structures in the near future. With services such as reprogrammable SIM cards, shared plans and split billing, the overall cost will be significantly lowered.
  • Apps Separate from Phones – With the innovation of the Cloud, it is certain that apps will slowly begin to breakaway from cell phones. The possibility of accessing the same data and information from another source will add to the favorability of connected cars.

 

The Expanding Uses of Connected Vehicles

In the current age, most individuals rely on Internet enabled cars for navigational purposes. In the futures, there will be tremendous increase. Safety initiatives, improved business management and governmental services will all be future usages.

Below, you will discover a hand-full of the potential uses of these vehicles.

  • Infotainment – Entertainment and advertisement broadcast
  • Fleet Management – More advanced fleet management for businesses
  • Security – Much improved stolen vehicle tracking and other security mechanisms
  • Electronic Tolling – No need to staff toll booths in the future

Of course, these are only a small number of potential possibilities. As new companies and developers get into the trade, it is likely new uses will be discovered. To find out more about potential future purposes, be sure to check out GSMA ‘s Forecast.

 

Benefits for Electric Vehicle Owners

Vehicle owners, who are fortunate enough to own electric cars, will benefit astronomically.

The biggest disadvantage that electric vehicle owners face is the continuous need to recharge their vehicles.

While this will continue to be a major issue, the IoTs and connected vehicles will help to make the complications a little simpler. With a connected vehicle, it will eventually become possible for consumers to instantly locate the nearest charging station directly from their cars.

The Telsa Company has already assembled a network of charging stations. Their consumers can charge their vehicles, at these stations, for free of charge. Greenlots, which is a leading provider of vehicle innovations, looks to give all electric vehicle owners access to all charging stations.

 

An Unimaginable Future

Surprisingly enough, the future of electric and connected vehicles does not stop there. As crazy and unimaginable, as it might seem, in the future, there will be vehicles, which do not require drivers.

The government of the UK has already helped to fund the research and development into the new process. According to TechCrunch, the government of the United Kingdom has already put 100 million Euros towards research into technology for driverless vehicles. Of course, they’re truly intent on providing new advancements. In fact, they’ve also provided 40 million Euros for developing an understanding of the Internet of Things.

In this regard, it appears the UK government is jumping ahead of the United States. They’ve already approved for driverless vehicles to be tested on the public roads within the country.

Although it is likely there will be many flaws to sort out, this technology could potentially curb the number of vehicle accidents.

Not only does this help to increase the safety of driving, but also the benefits are plentiful.

  • Reducing emissions
  • Preventing road congestion and traffic jams
  • Easier access for disabled and elderly
  • Gives frequent travelers increased free time

 

Conclusion

As a whole, the vehicle industry and roadways will soon go through major transformations. At the center of these changes, you will find the Internet of Things. As you learned above, electric vehicles will be majorly impacted, but all vehicles and travel will also change.

All in all, vehicular travel will be tremendously improved in safety, convenience and accessibility. These monumental changes are likely many years away, but don’t be surprised to see minor changes much sooner.

If you’ve got the budget, you may already to be able to put money towards an electric or driverless vehicle. That fact alone is truly stunning and is a sign of things to come.

 
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