The Massachusetts Institute of Technology has selected General Motor's vehicle-to-vehicle communication technology for its annual list of 10 Breakthrough Technologies for 2015. 

The V2V technology helps drivers avoid traffic collisions and reduce traffic congestion by sending and receiving basic safety information such as location, speed and direction of travel between vehicles approaching each other, according to the automaker. Although there are vehicle systems that can help detect a possible collision through sensors, the range is limited.

The technology is expected to be available in the next year or two, according to MIT. GM has confirmed that the 2017 Cadillac CTS will be equipped with the technology, according to a press release.

The technology may not be on the roads right now, but a National Highway Traffic Safety Administration and University of Michigan study put the experimental transmitters in 3,000 cars and the results showed that this type of technology could prevent more than 500,000 accidents and 1,000 fatalities in the U.S. every year.