A.It’s an umbrella term that really encompasses a lot, depending on who is speaking.
Is it driver assist technology? Is it autonomous vehicles? Navigation and traffic apps? EV charging? Payments? Emergency road service? It’s all of those things, and will become a lot more, as the demand for connectivity naturally follows us into our vehicles. Most of this technology is developing. Some is in market today. All of it is pretty new and exciting.
Mobile payments is where WEX plays the strongest, based on our relationships with the biggest fuel providers, and we are developing a number of functionalities for DriverDash that will help fleets move more quickly and transparently.
Telematics is GPS-enabled technology that gives you a view into your operations on the road, and that connectivity certainly provides a lot of data to fleet managers that builds off their fleet card data.
WEX and ChargePoint recently teamed up on a payments solution for the growing number of fleets needing electric charges. You can’t get much more “connected” than plugging in a vehicle.
Certainly those are the ones we know most about. When it comes to autonomous vehicles, it’s still very early days and we are looking at a number of different use cases for fleets where this could be helpful.
Senior Vice President and General Manager
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