Skip to main content

SMMT sets up connected and autonomous vehicles forum

New research commissioned by the Society of Motor Manufacturers & Traders (SMMT) has found the development of connected and autonomous vehicles will help generate 320,000 jobs in the UK, delivering huge benefits to society and the economy. In the first comprehensive analysis of the UK opportunities provided by this new technology, KPMG has found these new vehicles could deliver a US$81 billion boost to the UK economy and reduce serious road traffic accidents by more than 25,000 a year by 2030. To expl
June 19, 2015 Read time: 2 mins
New research commissioned by the Society of Motor Manufacturers & Traders (SMMT) has found the development of connected and autonomous vehicles will help generate 320,000 jobs in the UK, delivering huge benefits to society and the economy.

In the first comprehensive analysis of the UK opportunities provided by this new technology, 1981 KPMG has found these new vehicles could deliver a US$81 billion boost to the UK economy and reduce serious road traffic accidents by more than 25,000 a year by 2030.

To exploit this opportunity, SMMT has set up a Connected and Autonomous Vehicles Forum. It will meet four times a year, bringing together SMMT members and stakeholders from government, key adjacent industries and academia closely involved in the advancement of connected and autonomous vehicles, to accelerate conversations, collaborations and partnerships. Membership of the Forum, about half of which comes from outside the automotive industry, is by invitation only.

For more information on companies in this article

Related Content

  • IRF takes politicians to task on road safety
    January 7, 2013
    The International Road Federation has issued a wake up call to government ministers, in the form of its Vienna Manifesto on ITS. Four years on from coming to a key decision on ITS, the International Road Federation (IRF) now faces a further question – how can it ensure its Vienna Manifesto on ITS achieves maximum impact? This is a challenge the organisation is not taking lightly. Issues the manifesto has been drawn up to address have become more acute in the time taken to publish it and are forecast to wors
  • Data helps Ohio DoT get grant money
    January 25, 2022
    Ohio Department of Transportation turned to StreetLight Data when it needed to finalise grant money for a key infrastructure link. David Crawford sees how metrics brought in the cash…
  • Improved productivity and advanced technology benefits ITS
    December 13, 2012
    John Horsley will hang up his hat as executive director of AASHTO in February 2013. After 14 years at the helm, he will bow out convinced of the current and future benefits of ITS for US transportation. Alot of exciting career opportunities still await young engineers in US transportation, says John Horsley, outgoing executive director of AASHTO – the American Association of State Highway & Transportation Officials. Horsley will be dedicating more of his time to matters of ITS after he stands down in Februa
  • In-vehicle vision-based systems and autonomous vehicles
    January 11, 2013
    The Artificial Vision and Intelligent Systems Laboratory (VisLab) of Italy’s Parma University has built itself a fine pedigree in basic and applied research which has developed machine vision algorithms and intelligent systems for the automotive field. In 1998, a VisLab-equipped Lancia Thema named ‘Argo’ travelled along the famous Mille Miglia race route and completed 98 per cent of it autonomously using then-current technology. In 2005, VisLab provided the vision element of the Terramax, a collaborative un