If you went back in time and told people that cars would one day be able to drive all by themselves, you’d likely get some skeptical reactions.
Fast-forward to today, self-driving automobiles are no longer the wave of the future; they’re the here-and-now. The federal government has invested millions of dollars into these vehicles and 18 states have passed legislation that allows for autonomous cars to be on the roads, according to the National Conference of State Legislatures. What’s more, 33 states have introduced bills pertaining to fully autonomous motor vehicle use.
Need more evidence? The following facts fuel the notion that the autonomous vehicle generation is in gear:
- In Texas, not only has the Lone Star State been testing automated vehicles capabilities, but Gov. Greg Abbott recently signed a bill that requires self-driving automobiles to have Texas auto insurance, multiple local news organizations reported.
- Original equipment manufacturers, which re-sell and produce generic vehicle components, anticipate selling parts for self-driving vehicles by 2025 at the latest, according to advisory services firm KPMG. They also expect accident rates to drop 60% or more by 2030.
- When consumers speak, producers listen. And when it comes to the interior features motorists most prefer, virtually all of them fall into the automation sphere. For instance, 40% of respondents in a recent J.D. Power and Associates poll said they wanted blind spot detection in their next car and 33% sought night vision capability.
- Several automakers, including BMW and Ford Motor Co., expect to be selling fully autonomous vehicles to consumers by 2021, Reuters reported.
Take a look at the infographic below for more examples on why the automation generation is no mere passing fad:
This article is intended for informational purposes only. It does not replace or modify the information contained in your insurance policy.