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ARTICLE · 12 DECEMBER 2019

China AV Infrastructure Set To Redefine Motor Insurance

Large-scale autonomous vehicle adoption will be a reality in two to three years.

ChinaInsurance

Large-scale autonomous vehicle adoption will be a reality in two to three years.

2020 looks set to be the breakthrough year for China's Ministry of Industry & Information Technology's (MIIT) 'Plan for Development of Innovative Online Vehicles' (AV Plan).

The AV Plan sets out a number of ambitious goals to develop China's Autonomous Vehicle industry, but in particular it is the goal – rapidly being implemented and reaching critical mass in certain locations in 2020 – of 'improved intelligent road infrastructure (IRI)' which is catching the attention of insurers.

Although elements of China's domestic AV programme and technology lag some of those currently being developed in the United States, IRI is a 'game-changer' in that it allows AVs with far simpler on-board IT hardware and software to navigate 'messy' city streets safely and accurately.

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