The invention discloses an automobile drive simulation system based on a flexible transparent OLED and a control method of the automobile drive simulation system. According to the technologies of the automobile drive simulation system, display of basic vehicle information (including an automobile speed, an engine rotation speed, a cooling water temperature, a battery charge state and the like), augmented virtual reality navigation, pedestrian sensing, front vehicle anti-collision early warning, lane departure early warning, high-light-sensitivity night vision assisting, and vehicle-mounted communication display are involved. The devices of the automobile drive simulation system comprise a flexible transparent OLED display screen, a micro-processor, a camera, a sensor, a GPS chip, a laser millimeter-wave radar, a 3G network chip, a communication and electric power hardness and the like. The automobile drive simulation system is placed on a windshield in front of a driver, can effectively overcome the defects that an automobile head up display system is large in size and contains a small amount of display information and the like, effectively avoids the potential safety hazards which may be caused when the driver checks a central display screen and diverts attention, enables information to be more visual and easier to read, achieves stronger feeling of reality, provides more abundant information and is lower in energy consumption.