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Collaborative traffic system

Reference number
Coordinator XENSE Vision AB
Funding from Vinnova SEK 1 000 000
Project duration November 2024 - September 2025
Status Ongoing
Venture Acceleration of deep tech companies
Call Acceleration of deep tech companies 2024

Purpose and goal

XENSE Vision has developed a technology that can be used to create a collaborative traffic system, where detailed knowledge of road users´ positions and intentions in real time can be used to optimize traffic flow and reduce accidents. The goal is to determine whether there will be a strong business case for collaborative traffic systems and investigate XENSE Vision´s role in a future eco system. In the first stage, the specific focus will be on the optimization of traffic signals.

Expected effects and result

If the business risks can be successfully minimized, the expected results in the short term are that XENSE Vision can find relevant partners for pilot projects and early commercial projects as well as applications within Horizon Europe. In the longer term, collaborative traffic systems can reduce the negative impact of traffic on emissions, accessibility, accidents and the need to build new roads.

Planned approach and implementation

In stage one, the focus is on investigating the commercial business around the optimization of traffic lights, which actors are involved, how investment decisions are made and our part in the value chain. In later phases, we will look at the actual benefits such a system can provide in a pilot project, look at the business risks when connected vehicles become a larger part of the traffic system, and look at the business risks when automated vehicles become a larger part of the traffic system.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 11 November 2024

Reference number 2024-02244