Vehicular ad hoc networks (VANETs) and the services they support are an essential part of intelligent transportation. Through physical technologies, applications, protocols, and standards, they help to ensure traffic moves efficiently and vehicles operate safely. This article surveys the current state of play in VANETs development. The summarized and classified include the key technologies critical to the field, the resource-management and safety applications needed for smooth operations, the communications and data transmission protocols that support networking, and the theoretical and environmental constructs underpinning research and development, such as graph neural networks and the Internet of Things. Additionally, we identify and discuss several challenges facing VANETs, including poor safety, poor reliability, non-uniform standards, and low intelligence levels. Finally, we touch on hot technologies and techniques, such as reinforcement learning and 5G communications, to provide an outlook for the future of intelligent transportation systems.