4.4 • 1.4K Ratings
🗓️ 28 December 2022
⏱️ 20 minutes
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In the very near future, your car will use data from your mobile device to help you navigate and stay safe. But vehicles already generate useful data. In the first episode of a three-part special partnered series with Wejo, the smart mobility tech company, a panel of expert guests discuss how connected vehicle data is already changing the world.
Real-time data, information generated by vehicles driving around towns and cities as we speak, is already being used to help ease traffic congestion, help prevent accidents, and support the move to a net zero economy.
Read more and watch the video on the New Statesman website: https://www.newstatesman.com/spotlight/2022/12/how-connected-vehicle-data-is-going-to-change-the-world-with-wejo
In the first episode of this special series, the panel traces the origins of connected vehicle data and looks at potential problems around data privacy. The discussion also explores the potential of data for local authority service delivery, and highlights examples of where vehicle data is already being put to use for wider social benefits.
Alona Ferber, editor of the New Statesman’s Spotlight policy channel, is joined by Richard Barlow, founder and chief executive of Wejo, John Stenlake, director of Vehicle Innovation & Mobility at Microsoft, and Peter Van Manen, the former managing director of McLaren Electronic Systems, the company that supplies control and data systems to all competitors in the Formula One, NASCAR and indyCar racing series.
One application of vehicle data has been to reduce insurance premiums, Barlow, who started Wejo ten years ago, explains on the episode: “In the first year I worked with an insurance provider, and my thought process with insurance providers was that if they had access to data, then they would be able to provide better policies, more cost effective policies for all drivers.”
“It became very apparent that the insurers were very much ingrained with the idea that they could produce their premium costs for high risk drivers, but not for all drivers, just a very small percentage,” he says. “And then at the same point, it became clear that motor manufacturers were also making more of their vehicles be available in terms of the data they make available.
"And it was a massive disconnect. I realised there was an opportunity there to work with the motor manufacturers and to actually go beyond insurance, but actually use data to provide better mobility services. And now today we see data from 90 million journeys every day. We have over 20 million vehicles on [Wejo’s] platform.”
The next episodes of this special series will look at obstacles to mass electric vehicle adoption and the autonomous vehicles future that is nearly here.
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| 0:00.0 | Hi, it's producer Adrian here. We're bringing you a special podcast today from our Spotlight team, |
| 0:10.0 | and the new Statesman podcast team will be back tomorrow. |
| 0:15.0 | I'm Alona Ferber, editor of the New Statesman Spotlight Policy section, and this is a special |
| 0:20.0 | podcast from the Spotlight team. |
| 0:22.0 | This episode is the first in a three-part special series. Are we there yet? How far have we |
| 0:32.0 | come on autonomous vehicles? In this partnered series with WeJo, the smart mobility tech company, |
| 0:37.0 | we'll explore the future of AVs and the impact they might have on the way we run our cities, |
| 0:42.0 | roads and the world. |
| 0:52.0 | In the very near future, your car will use data from your mobile device to help you navigate and stay safe, |
| 0:57.0 | but vehicles already generate useful data. In this, the first episode of our partnered series with WeJo, |
| 1:03.0 | we are going to discuss how information generated by vehicles driving around as we speak is being used to |
| 1:08.0 | prevent accidents and support the move to net zero. Joining me to discuss this are Richard Barlow, |
| 1:13.0 | founder and chief executive of WeJo, John Stan Lake, director of vehicle innovation |
| 1:18.0 | and mobility at Microsoft, which is a commercial partner of WeJo. We will also hear from Peter Van Mann |
| 1:23.0 | and the former managing director of McLaren electronic systems, which is the company that supplies control |
| 1:28.0 | and data systems to competitors in the Formula One NASCAR and IndyCar racing series. |
| 1:32.0 | Thank you so much for joining us today. Before we dig into this, we want to start first of all |
| 1:38.0 | Richard by just telling our listeners, what is this three-part series about? Why are we doing this? |
| 1:43.0 | I started WeJo nearly 10 years ago, and in the first year, I worked with an insurance provider, |
| 1:49.0 | and my thought process was with insurance providers was that if they had access to data, |
| 1:54.0 | then they would be able to provide better policies, more cost-effective policies for all drivers. |
| 1:59.0 | And after a year, it became very apparent that the insurers were very much ingrained in the idea |
... |
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