There are many definitions of ‘connected cars’, but generally it means that vehicles transfer information to and receive information from the environment. The growing proliferation of embedded in-vehicle connectivity and smartphone integration platforms has made connected cars one of the fastest growing segments of the IoT (Internet of Things) market.
All major automotive OEMs are now investing in connected car programs in order to establish recurring post-sale service revenue streams. In June the IET filmed the sessions at the Connected Car Conference 2016 in London. The conference was attended by over 500 car manufacturers, suppliers, insurance companies and other service providers. It was at great opportunity to really understand where we are with connected car initiatives internationally from speakers such as Bentley, BMW, Audi, Nissan and Renault.
The speakers shared the latest from within the rapidly developing connected cars eco-system and industry. Focusing on business models, profitability and consumer engagement for the connected car, the key OEM decision-makers and solution providers identified new business strategies on how to maximise connected car revenues.
As vehicles become more connected so increases the opportunity for cyber attacks. The fusion of networked services, sensors, and data in vehicles and infrastructures generates unpredicted value but also risk. Car-hacking can compromise our security, privacy, and most importantly, safety. In the emerging landscape of connected and autonomous driving, these three concepts are must be better understood. For the first time the conference included a preconference event on Cyber Security. This brought together the OEMS and cyber security experts to discuss how to make sure the safety is not compromised with increased connectivity.
The demonstrations at Connected Cars ’16 included Metrocab, the all new London taxi powered by the innovative Frazer-Nash Range-Extended Electric (REE) powertrain and EVE (Evolved Vehicle Environments) which offers the most advanced connected car experience available.
If you were unable to attend Connected Cars ’16 don’t worry, you can watch a selection of the presentations here.