The multi-billion pound motor insurance industry faces a period of radical restructuring as a result of the advent of autonomously driving cars, with the number of crashes set to drop by 80 per cent by 2035* and insurance premiums set to plummet, a high-level panel discussion organised by Volvo Cars and Thatcham Research will hear today.
Volvo Cars, the premium car maker, is to begin the UK's most ambitious autonomous driving trial next year to speed up the introduction of a technology that promises to massively reduce car accidents as well as free up congested roads and save drivers valuable time.
Sweden’s famed Nordic Model, which brings together the public sector, private sector and academia, provides a template for the rapid introduction of autonomous driving technologies worldwide, Håkan Samuelsson, president and chief executive of Volvo Cars, will say at a seminar on autonomous driving in Sweden this week.
Volvo Cars, the premium car maker, plans to launch China’s most advanced autonomous driving experiment in which local drivers will test autonomous driving cars on public roads in everyday driving conditions.
Volvo Cars, the premium car maker, and Autoliv, the automotive safety technology company, two of the world’s leaders in automotive safety, have agreed to work together on the ground-breaking Drive Me project, the world’s first large-scale autonomous driving (AD) initiative.