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

  • AI is creating road maintenance savings
    July 30, 2021
    Artificial intelligence is starting to create savings for hard-pressed local authorities when it comes to road maintenance. David Crawford reviews recent advances in cost and performance control
  • Telent and Cisco to set up Greater Manchester One Network
    December 18, 2023
    Traffic control signals will benefit from faster and more resilient data connections
  • US ITS sector needs strategic leadership
    January 31, 2012
    The US is losing its advantage in the ITS sector because of a lack of strategic leadership, according to a new report from the Information Technology and Innovation Foundation. Here, Stephen Ezell, one of the report's authors, talks to ITS International about what can be done to remedy the situation. A new report from the Information Technology and Innovation Foundation (ITIF), Explaining International IT Leadership: Intelligent Transportation Systems, makes for sobering reading within the US ITS community.
  • ServCity AV project reaches final test
    February 20, 2023
    Three-year initiative in London has aimed to demonstrate practicalities of urban robotaxis