-

Cambridge Mobile Telematics Research into Electric Vehicle Risk Unveils Key Insights into Changes in Road Safety in an EV Future

New CMT research to be presented at the Insurance Institute for Highway Safety Conference shows that electric vehicles have unique risk factors from traditional vehicles

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, will share its new research findings into driving risk for electric, hybrid, and traditional vehicles in a keynote today at the Insurance Institute for Highway Safety Charging Into an Electrified Future Conference. The new research shows that drivers of electric vehicles exhibit acceleration risks ranging from 180% to 340% higher than when driving traditional combustion vehicles. In the keynote, CMT will answer the question of how this risk translates to safety and, ultimately, crash outcomes. The data for the research comes from millions of vehicles across the CMT DriveWell® Platform.

CMT’s presentation will focus on how the insurance industry and road safety professionals can further reduce risk by incentivizing safe driving for electric vehicle drivers. The key to reducing risk for EV drivers is a deeper understanding of the risk variables that impact safety outcomes. CMT’s research examines the differences in risk between internal combustion engines and electric vehicles across multiple variables, including driver fatigue, vehicle range, distracted driving, and speeding.

“Among the most compelling new findings are the comparisons between drivers who operate both an electric vehicle and an internal combustion vehicle, allowing for a better understanding of risk across vehicle platforms,” said Ryan McMahon, VP of Strategy for CMT. “These findings include an analysis of Tesla drivers who also operate another vehicle. These drivers are nearly 50% less likely to crash while driving their Tesla than any other vehicle they operate. We conducted the same analysis on individuals who operate a Porsche and another vehicle. In this case, we observed the opposite effect. Porsche drivers are 55% more likely to crash while driving their Porsche compared to their other vehicle.”

CMT’s keynote with Ryan McMahon, “Electric Drivers: Changes in Driver Behavior,” will be held at 8:15 AM on May 24 at the IIHS-HLDI Vehicle Research Center in Ruckersville, VA. To learn more about the event, please visit https://www.iihs.org/charging-into-an-electrified-future.

About Cambridge Mobile Telematics

Cambridge Mobile Telematics (CMT) is the world’s largest telematics service provider. Its mission is to make the world’s roads and drivers safer. The company’s AI-driven platform, DriveWell®, gathers sensor data from millions of IoT devices — including smartphones, proprietary Tags, connected vehicles, dash cams, and third-party devices — and fuses them with contextual data to create a unified view of vehicle and driver behavior. Companies from personal and commercial auto insurance, automotive, rideshare, smart cities, wireless, financial services, and family safety industries use insights from CMT’s platform to power their risk assessment, safety, claims, and driver improvement programs. Headquartered in Cambridge, MA, with offices in Budapest, Chennai, Seattle, and Tokyo, CMT serves millions of people through 80 programs in 18 countries, including 21 of the top 25 US auto insurers.

Contacts

Media:

Cambridge Mobile Telematics
Matt Fiorentino
mfiorentino@cmtelematics.com

Cambridge Mobile Telematics


Release Versions

Contacts

Media:

Cambridge Mobile Telematics
Matt Fiorentino
mfiorentino@cmtelematics.com

More News From Cambridge Mobile Telematics

Distracted Driving Fell 4.5% in 2023, Preventing An Estimated 55,000 Crashes and 250 Fatalities

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, today announced the release of its annual report on distracted driving and road safety, “The State of US Road Risk in 2024.” The report, which includes analyses from over one billion car trips across millions of US drivers, shows that distracted driving fell by 4.5% in 2023, the first decrease since 2020. The report evaluates the various factors that can reduce distracted drivi...

New Missouri Siddens Benning Hands-Free Law Has Prevented 80 Crashes

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Mobile Telematics (CMT), the world's largest telematics service provider, today announced the initial impact of Missouri’s new Siddens Benning Hands-Free Law, which began on August 28, 2023. One month before the law, drivers in Missouri spent an average of 1 minute and 45 seconds of every hour behind the week handling their phones. Since the law began, distracted driving in Missouri has dropped to 1 minute and 42 seconds, a reduction of 2.86%. CMT’s...

New Missouri Siddens Benning Hands-Free Law Has Prevented 80 Crashes

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Cambridge Mobile Telematics (CMT), the world's largest telematics service provider, today announced the initial impact of Missouri’s new Siddens Benning Hands-Free Law, which began on August 28, 2023. One month before the law, drivers in Missouri spent an average of 1 minute and 45 seconds of every hour behind the week handling their phones. Since the law began, distracted driving in Missouri has dropped to 1 minute and 42 seconds, a reduction of 2.86%. CMT’s...
Back to Newsroom