C-V2X and CVIS Industry Research Report, 2024

C-V2X and CVIS Research: In 2023, the OEM scale will exceed 270,000 units, and large-scale verification will start.

C-V2X has basically beaten DSRC in the global standard competition:

• United States: In 2023, it was made clear that C-V2X should be deployed throughout the country. By 2034, C-V2X will cover 100% of national highways and 75% of urban intersections, and a C-V2X boarding plan was formulated to mainly handle traffic accidents.
• Europe: Although the status of C-V2X is not clear, the European Union has indicated that each country can choose C-V2X according to its own judgment on technology, so that C-V2X and ITS-G5 coexist as two technical standard systems in Europe.
• South Korea: In December 2023, it officially announced to abandon DSRC technology and adopt LTE-V2X as the only Internet of Vehicles communication technology.

In 2024, China officially launched the pilot application of 'vehicle-road-cloud integration” of intelligent connected vehicles, with the pilot period from 2024 to 2026:

• It will gradually improve the connectivity rate of vehicles, and 100% of pilot vehicles will be equipped with C-V2X and digital identity certificate carriers;
• In public areas such as city buses, official vehicles, and taxis, existing vehicles are encouraged to install C-V2X; 50% of new vehicles should be fitted with C-V2X.
• Pilot cities are advocated to install C-V2X in new production vehicles with L2 and higher-level autonomous driving functions.

The basic logic behind the increasing OEM penetration rate of C-V2X:

• The 2024 version of C-NCAP officially includes V2X in the evaluation scope. C-V2X can ensure that OEMs score more points in the field of active safety for new cars. This rule will be implemented from July 2024;
• The pilot application policy of 'vehicle-road-cloud integration” of intelligent connected vehicles has been enforced, and C-V2X has entered the development stage of large-scale urban operation and scenario verification;
• BYD, Volkswagen, Audi and the like have begun to deploy C-V2X technology in new models, and GAC, FAW Hongqi, Ford and other OEMs that dabbled in the field of C-V2X earlier are actively promoting the evolution of C-V2X technology to the second stage;
• C-V2X empowers intelligent transportation and more and more application scenarios that reach consumers who are more willing to pay for C-V2X as they feel better, which will then push OEMs to install C-V2X. For example, during the implementation of urban NOA, the prediction of traffic light status, real-time road conditions, driving risks and other information in the city has become very important. Based on the C-V2X system, accurate roadside data is provided to the vehicle, which is conducive to the development of urban NOA;
• The integration of C-V2X is getting higher and higher, and the installation cost of OEMs continues to decline. C-V2X will be more integrated into the 5G intelligent cockpit or the 5G communication module to help improve its OEM installation rate;
• With the higher and higher 'C-V2X roadside equipment coverage rate' and 'automotive terminal penetration rate', the development node from quantitative change to qualitative change will appear.

C-V2X chips/modules are developing towards high performance and high integration.

• Qualcomm: There are three sets of C-V2X chip platforms: 9150 chipset, 9250 chipset and 2150 chipset. In addition, Qualcomm's 5G SA415/SA515M platform can choose to plug in V2X functions.

• Autotalks: The C-V2X chipset has evolved to the third-generation TEKTON3 and SECTON3, which are suitable for the first and second phases of C-V2X. Autotalks is working with Hyundai Mobis to develop MTCU (Multi-functional Telematics Control Unit) connectivity modules (based on Autotalks' third-generation chipset) which will debut in 2024. Models equipped with Autotalks' third-generation chipset will be launched in 2025.

• ZTE: The ZM9300, a full-stack self-developed 5G/V2X automotive module series launched in the second half of 2023, uses 3GPP Rel-16 technology and is developed based on ZTE’s full-stack self-developed automotive 5G Modem chip platform. At present, the module has landed in the automotive communication terminal platform project of GAC R&D Center which will unveil the first production model in 2024.

C-V2X and CVIS Industry Research Report, 2024 highlights the following:

• The promotion policy, standard trends, market size, market structure and so on of China C-V2X industry;
• Mass production and application of C-V2X by OEMs and governments;
• C-V2X installation modes, technical layout of OEMs, installation cases, etc.
• Key technologies of C-V2X, including chips, module, roadside, cloud, network communication, HD maps, information security and so on;
• The latest technical layout and solution layout of main C-V2X terminal and system solution suppliers;
• Technology evolution and main products of major C-V2X chip and module vendors.