GLOBAL ELECTRIC VEHICLE TELEMATICS MARKET

 

INTRODUCTION

The most efficient diesel engines emit dangerous substances such as nitrogen oxides (NOx) and particulate matter (PM10). These pollutants are of particular concern in dense urban areas with high numbers of pedestrians and cyclists, which are typical of the conditions in which buses operate.

 

Hybrid electric, fuel cell electric and full battery electric buses are currently being used in a number of public transport networks around the world. Different types of electric bus technology vary in terms of whether electrical energy is generated or stored onboard.

 

Vehicle telematics is an interdisciplinary field that combines telecommunications, informatics, computer science, electrical engineering, and vehicular technologies to create a vehicle telematics system that functions to collect and derive insight from vehicle telematics data and ultimately improve the efficiency and safety of the overall driver experience.

 

infographic: Electric Vehicle Telematics Market, Electric Vehicle Telematics Market Size, Electric Vehicle Telematics Market Trends, Electric Vehicle Telematics Market Forecast, Electric Vehicle Telematics Market Risks, Electric Vehicle Telematics Market Report, Electric Vehicle Telematics Market Share

 

It combines GPS systems, onboard vehicle diagnostics, wireless telematics devices, and black box technologies to record and transmit vehicle data, such as speed, location, maintenance requirements and servicing, and cross-reference this data with the vehicle’s internal behaviour. This information can be used in real-time analysis to improve overall driver safety and reduce costs and improve performance for commercial vehicles.

 

A shift to an electric bus fleet necessitates an understanding of the technology. The design of an electric bus and the necessary infrastructure depend on the application scenarios. The battery size depends on the drive cycle, terrain features and other operating conditions. This Battery management is done through efficient telematics integrated within the EVs at all times.

 

GLOBAL ELECTRIC VEHICLE TELEMATICS MARKET DYNAMICS

Many public transport authorities have a great interest in introducing zero-emission electric buses. However, the transformation process from diesel to electric bus systems opens up a vast design space which seems prohibitive for a systematic decision-making process.

 

Not all telematics devices are EV Friendly.  You need to be certain that your fleet management system fully supports the data generated by electric vehicles.  EVs have unique metrics that need to be leveraged to ensure you can maximize their performance and range for the desired return on investment.

 

There are no mandatory standards, so telematics providers must develop their systems specific to makes and models of EVs.  Be sure to take the time to confirm that the EVs you have now, and any models you are considering will be fully supported. 

 

EV Telematics systems, which enable communication between a vehicle and an established network, aim to solve these issues with more effective route management, energy and charge reporting, GPS vehicle tracking, and battery health monitoring, along with all the other aspects of the equation.

 

infographic: Electric Vehicle Telematics Market, Electric Vehicle Telematics Market Size, Electric Vehicle Telematics Market Trends, Electric Vehicle Telematics Market Forecast, Electric Vehicle Telematics Market Risks, Electric Vehicle Telematics Market Report, Electric Vehicle Telematics Market Share

 

By 2030, the European Union will ban the sale of cars that run on fossil fuels. To reduce CO2 emission, the EU will reduce taxes, introduce subsidies, and adopt incentive programs to stimulate the EV market. Similar programs have been launched in the USA, China, Japan, and other countries. Foreign authorities have a strong intention to stop using traditional cars we have all grown accustomed to.

 

This will help aim into a better integrated approach to EV Telematics and development within the countries of importance. Most likely, general approaches to electric vehicle tracking will remain the same as fossil fuel cars. However, developers of satellite monitoring platforms should upgrade their products to be compatible with new characteristics typical of electric vehicles. 

 

Geotab, a global leader in IoT and connected transportation, and Enterprise Fleet Management, a leading fleet management provider with more than 649,000 vehicles across North America, announced the results of one of Geotab’s largest fleet Electric Vehicle Suitability Assessments, demonstrating their commitment to sustainability and vehicle electrification.

 

Enterprise Fleet Management and Geotab analysed vehicle data from portions of Enterprise’s fleet vehicles to identify the current electrification opportunity and better understand how the shift to EVs will affect fleets.

 

With the transition to electric vehicles (EVs) underway across North America and fleets facing the challenges of meeting new sustainability standards, Enterprise Fleet Management and Geotab analysed vehicle data from portions of Enterprise’s fleet vehicles to identify the current electrification opportunity and better understand how the shift to EVs will affect fleets.

 

The large study included over 91,000 of Enterprise Fleet Management’s leased vehicles and used Geotab’s Electric Vehicle Suitability Assessment (EVSA).

 

 The study not only aids Enterprise Fleet Management in better understanding how the transition to electric vehicles will affect its business today and in the future, but it also allows the leading fleet provider to better consult with its customers by providing tangible, data-driven insights for their respective business clients.

 

GLOBAL ELECTRIC VEHICLE TELEMATICS MARKET SEGMENTATION

 

The Global Electric Vehicle Telematics Market can be segmented into following categories for further analysis.

 

By EV Application

  • Residential Application
  • Commercial Application
  • Industrial Application
  • Military Application
  • High-Capacity User Application

 

By Internal Application Type

  • Safety and Security
  • Entertainment
  • Information and Navigation
  • Diagnostics
  • Others

 

By Embedding Type

  • Embedded
  • Retrofitted

 

By Regional Classification

  • Asia Pacific Region – APAC
  • Middle East and Gulf Region
  • Africa Region
  • North America Region
  • Europe Region
  • Latin America and Caribbean Region

 

RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL ELECTRIC VEHICLE TELEMATICS MARKET

There has been recent technological advancement made within the operational capability of electric vehicles in order to increase its viability and operational efficiency through varied multidisciplinary integration of IC Engine and Electric Motor based EV Technology in order to form a hybrid operational component. The focus has been on implementing better telematics into the vehicles at all times.

 

The Autonomous Cars is the latest advancement towards the integration of the EV Telematics. Autonomous vehicles, like human drivers, depend on sensors to perceive their environment. Sensors like cameras, Lidar, Radar, Sonar, GPS, IMUs can be used to make proficient autonomous cars. They collect data and pass it on to the sensor fusion, typically via MIPI (mobile industry processor interface). 

 

Sensor fusion, after compiling data from multiple sensors, allows room for the vehicle to make a decision. Say the camera as well as a radar detect a nearby object—like a passing pedestrian that is six meters away. Sensor fusion does a couple of things here: it makes sure that this observed pedestrian is exactly six meters away by eliminating “noise” from accurate data.

 

infographic: Electric Vehicle Telematics Market, Electric Vehicle Telematics Market Size, Electric Vehicle Telematics Market Trends, Electric Vehicle Telematics Market Forecast, Electric Vehicle Telematics Market Risks, Electric Vehicle Telematics Market Report, Electric Vehicle Telematics Market Share

 

The NVIDIA DRIVE platform is an open, end-to-end solution for Level 2+ automated driving to Level 5 fully autonomous driving. With AEye’s intelligent, adaptive LiDAR supported on the NVIDIA DRIVE platform, autonomous vehicle developers will have access to next-generation tools to increase the saliency and quality of data collected as they build and deploy state-of-the-art ADAS and AV applications. Specifically, AEye’s SDK and Visualizer will allow developers to configure the sensor and viewpoint-clouds on the platform.

 

EV telematics runs algorithms like Dijkstra to find out the optimal place for charging the vehicle while accounting for the current battery charge status and the distance a vehicle can travel. The Telematics system automatically sends the charging spot request to the nearest station to check if they can fulfil the requirement on top of the previously scheduled charging spots.

 

RECENT PARTNERSHIPS IN GLOBAL ELECTRIC VEHICLE TELEMATICS MARKET

 

Stellantis N.V. and Toyota Motor Europe N.V. have announced an agreement for a new large-size commercial van, which will include a battery electric version. 

 

The new vehicle is the agreement’s third body type, completing a full LCV line-up that includes tiny, mid-, and now large-size LCVs.

 

TME will get the new large-size commercial van from Stellantis, which will be sold in Europe under the Toyota brand. Stellantis’ factories in Gliwice, Poland, and Atessa, Italy, will produce the new vehicle. TME’s new large-size commercial van is the company’s first foray into this market area.

 

The relationship between Stellantis and TME began with the Toyota mid-size LCV, which was manufactured at Stellantis’ Hordain facility in France, and was followed by a competitive and appealing addition to the compact-size LCV market, which was manufactured at Stellantis’ Vigo plant in Spain.

 

 The large-size LCV expands the partnership, allowing Toyota to complete a full LCV line-up in Europe while benefiting from research and production cost optimization for both firms.

 

COMPETITIVE LANDSCAPE

Electric Vehicle based telematics has seen an increased level of integration in recent days considering their importance towards safety and health of EVs at all times. This has brought upon the much-required approach of technology propagation and better advancements to be made into the EV manufacturing systems and operational system of EVs.

 

Harman has recently integrated the Telematics Control unit for EVs. It offers a Telematics Control Unit at three levels: 4G, 5G-ready and 5G to meet every manufacturer’s needs. HARMAN allows users to upgrade from 4G to 5G connected experiences at a time of their choosing and enables real-world Vehicle-to-Everything (V2X) communication, laying the groundwork for automated driving.

 

The accounted product of CloudBox has been a recent integration being planned for EV Application wherein it supports multi-band cellular connectivity from 2G and 3G to 4G. Geotab developed unique capabilities to access critical EV data, ensuring that EVs will have strong data support today, and in the future as there is possibility for growth within the EV fleet. 

 

It is integrated with A complete charging history of your EVs/PHEVs shows you when and where the vehicles are charging, the length of time the vehicles were charging at a specific location, and how much of a charge they received.

 

COMPANIES PROFILED

 

 

Sl no Topic
1 Market Segmentation
2 Scope of the report
3 Abbreviations
4 Research Methodology
5 Executive Summary
6 Introduction
7 Insights from Industry stakeholders
8 Cost breakdown of Product by sub-components and average profit margin
9 Disruptive innovation in the Industry
10 Technology trends in the Industry
11 Consumer trends in the industry
12 Recent Production Milestones
13 Component Manufacturing in US, EU and China
14 COVID-19 impact on overall market
15 COVID-19 impact on Production of components
16 COVID-19 impact on Point of sale
17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
21 Product installation rate by OEM, 2022
22 Incline/Decline in Average B-2-B selling price in past 5 years
23 Competition from substitute products
24 Gross margin and average profitability of suppliers
25 New product development in past 12 months
26 M&A in past 12 months
27 Growth strategy of leading players
28 Market share of vendors, 2022
29 Company Profiles
30 Unmet needs and opportunity for new suppliers
31 Conclusion
32 Appendix

 

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