Society of Motor Manufacturers and Traders (SMMT) and Frost & Sullivan have published a report named “Connected and Autonomous Vehicles: Winning the Global Race to Market”, that analyses the wide-ranging societal and economic benefits to be achieved by gradually increasing CAVs on the UK roads.
The report suggests that the UK is in pole position in the global race to market for connected and autonomous vehicles (CAVs), with a £62 billion boost to the UK economy by 2030 up for grabs.
Some of the key points raised by the report are:
• UK world’s number one location for mass-market potential of connected and autonomous vehicles, with £62bn annual economic opportunity by 2030.
• Massive safety benefits as driver assistance and self-driving tech could prevent 47,000 serious accidents and save 3,900 lives over next decade.
• Lifestyle boost for commuters as greater productivity and faster journeys give drivers back full working week every year.
• Success hinges on favourable Brexit agreement, with ‘no deal’ threat putting investment and safety gains at risk, warns SMMT at major industry conference.
The full report can be read here
Source: Press Release