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Mandating New Safety Technology Could Save $900 Bil

Active safety innovations could save 33,000 lives annually, report claims.

by on Sep.30, 2015

A full conversion to autonomous driving technology could eliminate 90% of traffic fatalities, according to a new report.

New active safety technologies could reduce road accidents in the United States by more than one third, saving thousands of lives and billions in societal costs for medical care, vehicle repairs and lost productivity, according to a new study released this week by the Boston Consulting Group.

The study said available systems like automatic braking and lane control assistance technology could reduce the number of accidents by 28%. In addition, wider use of the new technologies could pave the way for fully autonomous vehicles and lead to a 90% reduction in fatal accidents over time.

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“Because the vast majority of crashes in the United States are caused by driver error, the lack of adoption of these technologies within the vehicle fleet in the United States is a significant missed opportunity,” said BCG’s Xavier Mosquet, who co-authored the report funded by the Motor & Equipment Manufacturers Association. (more…)