Verizon announced it is partnering with Volkswagen brand Audi AG to build a 5G network at the German automaker’s private test track to help test smart vehicle technology.
According to Verizon’s announcement on Thursday (February 22), the project will develop several market driving scenarios to test autonomous mobility, vehicles connecting to third-party objects, and vehicle-to-cloud communications. The plan is to simulate the
The state-of-the-art truck will have a replica of Verizon’s 5G network using equipment from Nokia, data transfer tools from Smart Mobile Labs, and computing software from Amazon Web Services.
“Cars are becoming more than just a means of transportation; they are becoming increasingly important as a means of communication, entertainment, education, and work. , power mobile phones and high-performance computers.” .
“This means future vehicles will be equipped with technologies that need to operate under a variety of network conditions. Audi and Verizon Business are solving those needs with this state-of-the-art facility. ” Fox added.
This project will also help enhance testing of safety applications due to increased availability of data and communications.
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Petr Kozak, Head of Development for Infotainment, Connectivity, Data Management and AI at Audi AG, said the partnership will give the company a competitive advantage in the global market.
“Verizon Business was able to provide a complete solution that reduces test cycle time and cost, giving us a competitive advantage in the global marketplace,” said Kozak.
The move comes as automakers seek to partner with technology and communications companies to provide better data and software to vehicles.
The news comes as U.S. AV transaction value has yet to reach its 2021 heights, according to GlobalData’s transaction database.
As of December 14, 2023YTD, the total value of AV transactions in the US reached just over $10 million.
This is significantly lower than in 2021, when the transaction value totaled $48.2 million. This was an increase compared to the previous year, when U.S. transactions totaled $26.6 million.
The decline in the value of the U.S. AV trade marks the end of the hype that grew throughout the 2010s, as AV companies battled numerous hurdles to get their vehicles on the road.
According to GlobalData’s Thematic Research: Autonomous Vehicles (2023), the United States, China, some European countries, and smaller countries, which have very supportive attitudes toward AVs, are will occupy a leading position.