The smart car timetable will be launched and the promotion working group has been established.

The development schedule of the intelligent networked automobile industry is expected to be launched in the first quarter of 2017, and the relevant rules on the network technology of the network will be completed before the end of the year. According to experts, the China Automotive Engineering Society has set up a V2X Industry Promotion Working Group to develop timetables. The V2X physical layer standard has been established, and is led by the Standard Research Group of Datang, Huawei, and the Institute of Telecommunications; the standard of the transport layer is led by the Electric Power Research Institute; the vehicle application layer is led by GM China, Changan Automobile, and Tsinghua University.

Comments: According to McKinsey Research, smart cars will generate 200 billion to 1.9 trillion US dollars by 2025. Industrial Securities expects that mature products based on the LTE-V vehicle networking standard will appear in 2017 and will be officially commercialized in 2018. Among listed companies, Wanan Technology has been deployed in the field of adas (Advanced Driver Assistance Systems); Datang Telecom is a provider of LTE-V chips and solutions.

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