Billion Dollar Patent Solves a Trillion Dollar Problem
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Martedì, Maggio 7, 2024
SAN DIEGO, May 7, 2024 /PRNewswire/ -- John Medcalf, CEO of Writrol Corp. (writrol.com), asks what you'd pay to keep your family safe from driver distractions in your car and other cars? Writrol's method for controlling vehicles while eyes are on the road will give drivers that safety buffer.
Key Points:
- According to the NHTSA report DOT HS 813 403 "the total value of societal harm from motor vehicle crashes in 2019 was $1.37 trillion."
- Based on drivers reporting being distracted, the NHTSA estimates direct damages from distracted driver accidents at $98 billion for 2019.
- Writrol Corp. knows the income value of this patent to auto manufacturers could be large.
- Writrol Corp. sees that this patent might encourage large tech to buy the patent to exert their design influence in the biggest market in the world, light vehicles.