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Using Connected Vehicle Data to Unlock Future Funding

With the passing of the Infrastructure Investment and Jobs Act (IIJA), there is more than $1.2 trillion in funding to apply to infrastructure projects. This funding is available to states, cities, and municipalities through both formula and competitive grants. While grants made available through IIJA provide vast opportunities to secure new funding, it can be overwhelming, complex, and resource-intensive to track the opening of programs and submit robust applications that ultimately result in winning bids.

Our webinar with the Texas A&M Transportation Institute and the Congaree River Group sought to bring together experts from across the transportation and government sectors for a discussion on:

  • Unpacking which funding programs are available in 2023
  • How Wejo’s connected vehicle data can be leveraged for bids
  • Real-world examples of how data can be used to tackle some of the biggest challenges in transportation today.

You can tune into the recording of the live event below.

If you’re short on time, here’s some highlights from the webinar:

2023 funding opportunities – and where Wejo fits in

All the programs included in the IIJA circulate the following themes: safety, traffic congestion, resiliency, and improving air quality. Applications must address how a potential initiative or ongoing project will address one or more of these topics – whether it’s helping to reduce fatalities or creating better, more efficient routes for traffic. Wejo connected vehicle data can be a useful tool in both informing project strategies and measuring their potential impact.

EV Charging Infrastructure Grants

  • National Electric Vehicle Infrastructure (NEVI): provides $5 billion in formula funding to states to strategically deploy electric vehicle charging infrastructure and establish an interconnected network to facilitate data collection, access, and reliability.
  • Discretionary Grant Program for Charging and Fueling Infrastructure provides $2.5 billion in competitive grant funding for projects that strategically deploy publicly accessible EV charging infrastructure.

Wejo connected vehicle data can determine patterns in traffic mapped back to vehicle type – electric, gas or hybrid – analyzing which routes are most often used by each. By understanding broad trends in travel and overlaying it with origin-to-destination information, Wejo data can help identify where charging stations make the most sense.

Congestion Relief Program

  • There is $250 million total funding available for innovative, integrated, and multimodal solutions to reduce congestion and the related economic costs in the most congested metro areas.

Wejo connected vehicle data can help provide an accurate picture of congestion networks within municipalities or geographic areas by enabling users to look historically at events that have caused congestion and uncover where congestion is happening in real-time. Both are instrumental in determining a plan to improve congestion and measure the impact of infrastructure changes.

PROTECT Grant Program (Promoting Resilient Operations for Transformative, Efficient and Cost-Saving Transportation)

  • A total of $8.7 billion in total funding is available to support planning, resilience improvements, community resilience and evacuation routes, and at-risk coastal infrastructure

Wejo connected vehicle data can assist in determining how major routes have been effective when evacuations occurred in the past as well as where damage in the infrastructure is taking place. Granular, accurate data helps to stand out in competitive grant applications but also is invaluable for engineering teams tasked with executing projects once the bid is won.  

Real-World Application of Connected Vehicle Data

John Speed, Research Engineer at Texas A&M Transportation Institute (TTI), explained in the webinar his experience with connected vehicle data:

 “Establishing the nature, timing and location of congestion is important when you’re going for funding. We believe the most reasonable uses of connected vehicle data are to compare free flow speeds to operating speeds in each zone… and in this case, establish very accurate high-volume travel periods and off-peak times. If you have those pieces of information you can get with your stakeholders to time shift the traffic from peak to off-peak periods.”
 “You can use connected vehicle data as an excellent preliminary indicator of where EVs are going to be travelling.”
 “When comparing the 18 months before a connected vehicle data-driven solution was implemented to 18 months after implementation, crashes dropped by 57%, injuries dropped by half and fatalities dropped 100% to zero….site-specific connected vehicle data enabled improvements in just a few days in what would usual required 3-6 months of data collection at a much higher price tag.”

Fill in the form below and watch the entire discussion to learn more about how you can unlock future funding using connected vehicle data.

By clicking submit you consent to sharing your data with Wejo for the purposes of contacting you regarding Wejo’s products and services
Privacy policy >
Blog

Using Connected Vehicle Data to Unlock Future Funding

February 7, 2023

With the passing of the Infrastructure Investment and Jobs Act (IIJA), there is more than $1.2 trillion in funding to apply to infrastructure projects. This funding is available to states, cities, and municipalities through both formula and competitive grants. While grants made available through IIJA provide vast opportunities to secure new funding, it can be overwhelming, complex, and resource-intensive to track the opening of programs and submit robust applications that ultimately result in winning bids.

Our webinar with the Texas A&M Transportation Institute and the Congaree River Group sought to bring together experts from across the transportation and government sectors for a discussion on:

  • Unpacking which funding programs are available in 2023
  • How Wejo’s connected vehicle data can be leveraged for bids
  • Real-world examples of how data can be used to tackle some of the biggest challenges in transportation today.

You can tune into the recording of the live event below.

If you’re short on time, here’s some highlights from the webinar:

2023 funding opportunities – and where Wejo fits in

All the programs included in the IIJA circulate the following themes: safety, traffic congestion, resiliency, and improving air quality. Applications must address how a potential initiative or ongoing project will address one or more of these topics – whether it’s helping to reduce fatalities or creating better, more efficient routes for traffic. Wejo connected vehicle data can be a useful tool in both informing project strategies and measuring their potential impact.

EV Charging Infrastructure Grants

  • National Electric Vehicle Infrastructure (NEVI): provides $5 billion in formula funding to states to strategically deploy electric vehicle charging infrastructure and establish an interconnected network to facilitate data collection, access, and reliability.
  • Discretionary Grant Program for Charging and Fueling Infrastructure provides $2.5 billion in competitive grant funding for projects that strategically deploy publicly accessible EV charging infrastructure.

Wejo connected vehicle data can determine patterns in traffic mapped back to vehicle type – electric, gas or hybrid – analyzing which routes are most often used by each. By understanding broad trends in travel and overlaying it with origin-to-destination information, Wejo data can help identify where charging stations make the most sense.

Congestion Relief Program

  • There is $250 million total funding available for innovative, integrated, and multimodal solutions to reduce congestion and the related economic costs in the most congested metro areas.

Wejo connected vehicle data can help provide an accurate picture of congestion networks within municipalities or geographic areas by enabling users to look historically at events that have caused congestion and uncover where congestion is happening in real-time. Both are instrumental in determining a plan to improve congestion and measure the impact of infrastructure changes.

PROTECT Grant Program (Promoting Resilient Operations for Transformative, Efficient and Cost-Saving Transportation)

  • A total of $8.7 billion in total funding is available to support planning, resilience improvements, community resilience and evacuation routes, and at-risk coastal infrastructure

Wejo connected vehicle data can assist in determining how major routes have been effective when evacuations occurred in the past as well as where damage in the infrastructure is taking place. Granular, accurate data helps to stand out in competitive grant applications but also is invaluable for engineering teams tasked with executing projects once the bid is won.  

Real-World Application of Connected Vehicle Data

John Speed, Research Engineer at Texas A&M Transportation Institute (TTI), explained in the webinar his experience with connected vehicle data:

 “Establishing the nature, timing and location of congestion is important when you’re going for funding. We believe the most reasonable uses of connected vehicle data are to compare free flow speeds to operating speeds in each zone… and in this case, establish very accurate high-volume travel periods and off-peak times. If you have those pieces of information you can get with your stakeholders to time shift the traffic from peak to off-peak periods.”
 “You can use connected vehicle data as an excellent preliminary indicator of where EVs are going to be travelling.”
 “When comparing the 18 months before a connected vehicle data-driven solution was implemented to 18 months after implementation, crashes dropped by 57%, injuries dropped by half and fatalities dropped 100% to zero….site-specific connected vehicle data enabled improvements in just a few days in what would usual required 3-6 months of data collection at a much higher price tag.”

Fill in the form below and watch the entire discussion to learn more about how you can unlock future funding using connected vehicle data.

By clicking submit you consent to sharing your data with Wejo for the purposes of contacting you regarding Wejo’s products and services
Privacy policy >
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