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(Telematics Wire) Automotive Telematics Market is projected to reach $320.6 billion by 2026: TMR Study

GM launches Maps+, an in-vehicle app-based navigation system
General Motors announced the launch of Maps+, an in-vehicle, app-based navigation syatem, upgrading capabilities for select model year 2018 and newer Chevrolet, Buick, GMC, and Cadillac vehicles by the end of 2021. Maps+, powered by Mapbox, is expected to begin its rollout to approximately 900,000 vehicles on April 30, as part of select Connected Services plans. 

 

 

Automotive Telematics Market is projected to reach $320.6 billion by 2026: TMR Study
According to a new report published by Trends Market Research “Automotive Telematics Market by Channel (OEM and Aftermarket), Vehicle Type (Commercial Vehicle, Passenger Car, and Two-Wheeler), Application (Fleet/Asset Management, Navigation & Location-Based System, Infotainment System, Insurance Telematic, Safety & Security, V2X and Others), and Connectivity Solution (Embedded, Integrated Smartphones, and Tethered): Global Opportunity Analysis and Industry Forecast, 2019–2026

 

 

Huawei to invest $1 billion to develop EV and Self-Driving car technology
Huawei Technologies Co. will invest $1 billion for the development of self-driving and electric-car technologies. Huawei is now planning to compete with Tesla and Xiaomi, among others with its own self-driving car technology. The company has already clarified that it has no plans to make its own car but will supply its tech to carmakers.

 

 

 

 

 

 

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