Volvo's Shared 'Care Key' Will Keep Your Teens From Speeding

Starting with model year 2021, you'll be able to set your own speed limits.
Volvo's Shared 'Care Key' Will Keep Your Teens From Speeding
Image credit: Volvo via engadget

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
2 min read
This story originally appeared on Engadget

Volvo is continuing its bet on safety over speed. The company announced today that, beginning with model year 2021, all new cars will come with a "Care Key." Owners will be able to set a speed limit attached to the key, and anyone using it will be capped at that speed. The feature might be especially helpful if you plan on lending your car to new or speed-hungry drivers, and Volvo is hoping insurance companies will offer incentives to those who use Care Key.

Earlier this month, the company announced it would cap the speed in all of its new cars at 112 mph, starting with the 2021 model year. Care Key will let owners set their top speeds even lower, if they choose. The company also announced plans to use cameras and sensors inside its cars to detect drunk and distracted driving.

Håkan Samuelsson, Volvo Cars' chief executive, has asked if car makers have a right or an obligation to install technology that changes owners' behavior. Both Care Key and the added cameras and sensors raise the question of how automakers can and should incorporate new technologies, especially as so many are developed by the self-driving car industry.

More from Entrepreneur
Entrepreneur Select: A Fund For Entrepreneurs, By Entrepreneurs

Entrepreneurs require more than just money, which is why we aim to empower you, as well as act as a catalyst for value creation.

Save on an annual Entrepreneur Insider membership through 5/8/21. For just $49/yr $39/yr, you’ll enjoy exclusive access to:
  • Premium articles, videos, and webinars
  • An ad-free experience
  • A weekly newsletter
  • Bonus: A FREE 1-year Entrepreneur magazine subscription delivered directly to you
Discover a better way to hire freelancers. From business to marketing, sales, finance, design, technology, and more, we have the freelancers you need to tackle your most important work and projects, on-demand.

Latest on Entrepreneur