Semiconductor Engineering .:. What's New In Connected Autos

Connected cars and the Internet of Things go together like peanut butter and jelly. But realizing the future of autonomous vehicles will demand close attention to be paid to cybersecurity, functional-safety standards, and other critical factors. IoT will advance the era of self-driving cars, which currently is dominated by Tesla Motors. At the same time, it will change some of the dynamics in this market. On one hand, it will turn automotive manufacturers into technology companies, which could provide new revenue streams for carmakers. On the other hand, it will open the door for new players that have never had a viable entry point in the automotive market. Consider the case of Velodyne LiDAR, a Morgan Hill, Calif.-based company, which last month opened a factory in nearby San Jose to manufacture its LIDAR product.