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  • 03.30.16

Don’t hold your breath waiting for self-driving cars

Driverless vehicle technology won’t be in a majority of cars in the U.S. until 2045, according to a research report released by Moody’s Investors Service. Though it could be standard on all new vehicles sold by 2035, “near-universal adoption” won’t happen until even later–2055.

“Accident frequency will fall sharply over time, and will ultimately translate into significantly lower premiums and consequently lower profits for auto insurers,” the report said.MB