This paper reviews the development of vehicle road collaborative simulation in the new era, and summarizes the simulation characteristics of two core technologies in the field of transportation after entering the era of Intelligent Networking: Internet of Vehicles technology and automatic driving technology. This paper analyzes and compares the mainstream Internet of Vehicles (IoV) simulation and automatic driving simulation platforms on the market, deeply analyzes the model-based IoV simulation, and explores a new mode of IoV simulation in the era of big data. According to the latest classification standard of automatic driving in 2020, we summarize the simulation process of automatic driving. Finally, we offer suggestions on the development directions of intelligent network-connected vehicle simulation.