IoT demand for commercial vehicles has great potential for development

The "2013 China Automotive Electronics International Forum and Automotive Semi-conductor Application Summit" hosted by Chengdu Hi-tech Zone Management Committee and hosted by Chengdu Tianfu Software Park was held in Chengdu New Oriental Millennium Hotel.

At the meeting, Zhou Hongbo, general manager of Futian Zhike Information Technology Service Co. , Ltd. said that the development of the car networking sector needs to first grasp the rigid demand. Compared to passenger cars, commercial vehicles have a more rigid demand for on-board networking.

Zhou Hongbo pointed out that the application of IoT in passenger cars has the disadvantages of high basic retention, poor viscosity, and insufficient demand. “Passenger vehicles are more of a means of transport, and there is not much time for public entertainment. Unless there is expulsion of tourism or long traffic jams, the entertainment needs of the public are not strong.”

However, the commercial vehicle IoT has the advantages of long working hours in the vehicle and strong demand for the Internet of Things, and has great potential for market development. “Commercial vehicles are more of a workplace. Drivers are in the car for more than a dozen hours a day, and their entertainment needs are rigid.” Zhou Hongbo, for example.

At present, the Internet of Things market for commercial vehicles abroad has been quite extensive. Telo Gis, the independent operator of the third largest fleet in the United States, already owns 500,000 on-line commercial vehicles. In China, some listed companies that produce commercial vehicles only have 100,000 online levels.

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