V2X Key Takeaways and Future Developments

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By Maite Bezerra | 4Q 2021 | IN-6364

 

V2X Industry Landscape

NEWS


The Vehicle-to-Everything (V2X) market potential is subdued because authorities remain slow to reach a consensus toward a preferred V2X communication standard, and this is hindering deployments by car Original Equipment Manufacturers (OEMs) and city operators. Nevertheless, the fast deployments by not only Chinese but also Western OEMs (e.g., Ford, Audi, GM), the inclusion of V2X on New Car Assessment Program (NCAP) scores in China in 2024 and in Europe in 2025, the potential launch of Cellular Vehicle to Everything (C-V2X) by Ford in the United States in 2022, and the proliferation of dual-mode hardware will finally push the industry forward.

Dual-mode radio hardware has been auspicious to infrastructure players because it removes the burden of betting on a protocol. However, this is not as favorable for automakers due to the increased financial burden of the technology. Therefore, market traction will be dependent on the resolution of regulatory impasses. Alternatively, carmakers can attempt to shape regional protocol preference with large-scale deployment of their preferred V2X technology …

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