Support for the motor and technology industries
UK automotive and technology industries have received
a major boost today as the government has announced support for advanced trails of automated vehicles, transforming for the better how people travel and boosting this vital sector of the economy.
· The UK market for connected and automated vehicles is estimated to be worth £52 billion by 2035 and today’s announcement of advanced trials signals that the sector is
open to investment from the world’s brightest transport technology companies.
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It also demonstrates that we are on track to meet our commitment to have fully self-driving vehicles on UK roads by 2021, as part of the government’s modern Industrial
Strategy which will help create better, higher-paying jobs.
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This comes as yesterday London was ranked
the third most successful home for tech and start-up companies out of thirty cities from around the world.
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