Vehicle Finance

Overview

In the automotive finance risk control scenario, after consumers buy vehicles with a loan, the automotive finance companies know nothing about the vehicle information and cannot grasp the location information of vehicles with a loan in real-time. To solve this problem, Neoway launches the GPS tracker products to implement vehicle positioning and tracking and monitor the vehicle driving records.

Solution

Based on 2G, Cat.M, NB-IoT, and Cat.1 cellular communication technologies, Neoway launches two types of GPS trackers that use the power supply and super-long standby battery, respectively. These GPS trackers allow automotive finance companies to implement real-time positioning and tracking of vehicles with a loan, which greatly reduces the risk that vehicles with a loan cannot be controlled after being sold.

Product Function

1、GPS tracker using the power supply:

Supports the 2G, Cat.M, NB-IoT, and Cat.1 networks.

Supports GPS (Beidou), AGPS, and LBS fast and accurate positioning, with an accuracy of 2.5 meters.

Built-in G-sensor, Gyro, and BLE4.2 (optional).

Built-in the rechargeable HPC battery: After the power supply is disconnected, the battery can continue to supply power for 10 minutes to report information.

2、GPS tracker using the super-long standby battery.

Equipped with a battery that can power the device for 4 years (assuming that data is reported once per day).

Supports the 2G, Cat.M, NB-IoT, and Cat.1 networks.

Supports GPS (Beidou), AGPS, and LBS fast and accurate positioning.

Supports IP65 waterproofing.

Built-in G-sensor, Gyro, and BLE4.2 (optional).

Advantages

Customer value

The vehicle positioning and tracking technology can improve information transparency, provide automotive finance companies with more efficient and accurate risk management and control solutions, improve management efficiency, and effectively combat fraud.