Internet of Vehicles
Beijing will promote the intelligent connected vehicle (ICV) industry and related industries, whose market value is expected to reach 100 billion yuan ($14.4 billion) by 2022, according to a white paper released by local authorities on October 21.
Beijing will advance innovation and research on ICVS to ensure they can be used for the 2022
Winter Olympics, said a white paper issued by the Beijing Municipal Commission of Economy and Information Technology on the sidelines of the World Intelligent Connected Vehicles Conference held in Beijing from October 18 to 21.
A 50,000-hectare pilot zone will be established and over 2,000 km of roads will be earmarked in Beijing for testing the ICVS.
The city will also accelerate construction of an intelligent traffic system and the Internet of Vehicles.
The development of ICVS can improve traffic safety, meet energy saving and emission reduction targets, eliminate traffic congestion and bring social benefits.