V2X (Vehicle-to-Vehicle or Vehicle-to-Infrastructure)

What is 'V2X (Vehicle-to-Vehicle or Vehicle-to-Infrastructure)'

V2X is a form of technology that allows vehicles to communicate with moving parts of the traffic system around them. V2V, or vehicle to vehicle, allows vehicles to communicate with other vehicles. V2I, or vehicle to infrastructure, allows vehicles to communicate with external systems such as streetlights, buildings, and even cyclists or pedestrians. The technology uses a short-range wireless signal to communicate with compatible systems, and this signal is resistant to interference and inclement weather.

BREAKING DOWN 'V2X (Vehicle-to-Vehicle or Vehicle-to-Infrastructure)'

V2X systems are mainly geared toward safety, and they can be programmed to be aware of all surroundings in order to help prevent collision. In a traditional vehicle, V2X systems can convey important information to the driver regarding inclement weather, nearby accidents and road conditions, and the dangerous activities of nearby vehicles. Similarly, in autonomous vehicles, V2X provides extra information beyond the reach of the vehicle's existing system. As V2X use is expanded, its will become more pronounced.

In addition to safety benefits, V2X technology also offers a range of everyday convenience benefits. For example, V2X systems integrate automatic payments for tolls, parking, and similar fees.

From an economic standpoint, the market potential for V2X technology is huge. While the industry has barely been tapped in 2016, production is expected to rise exponentially in coming years.

How Widespread is V2X Use?

V2X is still a relatively nascent market, and many of the system's benefits will not be fully realized until the market expands. In order to communicate with another vehicle or roadside object, the object must also use V2X technology. Many traffic systems don't currently have V2X systems in place, which means that vehicles that do have the technology cannot communicate with them. However, as V2X systems become more pervasive, vehicles are expected to be able to communicate not only with traffic systems, but also with cyclists and even pedestrians.

V2X is expected to grow significantly over the next twenty years, as many top V2X suppliers, such as Delphi, Denso and Continental, have already announced their V2X integration plans. Many new car models use some form of V2X technology, particularly the more expensive or luxury brands, but V2X use is expected to eventually be added to lower-priced vehicles, too.

V2X technology will be particularly prominent in autonomous vehicles, which already scan the immediate environment for risks and act upon their data. V2X will give these systems a further reach and more information to allow them to make more informed decisions. V2X systems also transcend harsh weather conditions that often affect these vehicles, offering an added benefit.