4G LTE – the reliable, stable route towards autonomy

For the automotive industry, profit margins on vehicles are low – typically less than 10% of the retail price of the car. But as the connectivity available in the car increases, so does the potential for OEMs to enhance their profit margins.

A significant step forward in car connectivity goes by the name of 4G LTE, and promises to add new, compelling services and revenue models to vehicles, being dubbed the next hot consumer device.