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

  • Private investment in Latin American infrastructure on the rise
    January 23, 2015
    Private investment in infrastructure projects has grown significantly over the past decade in Latin America's six largest economies, with the exception of Mexico and Argentina, according to a Standard & Poor's report. In Mexico the retraction in private investment is explained by poor planning and execution of projects on the part of the government. Meanwhile in Argentina, the dip is explained by government intervention, according to the report. Outside the two regional powerhouses, private sector par
  • UK’s Loughborough University attempts to smooth Europe’s path to C/AVs
    December 10, 2018
    Loughborough University in the UK is leading a three-year initiative which aims to assess the impact of introducing connected and autonomous vehicles (C/AVs) in Europe. The £5.7m project, called Levitate, is funded by the European Union and will help European cities to plan for the effect C/AVs will have on infrastructure and society. Levitate began this month and will consider how AVs might improve safety, congestion and the environment, while looking at key policy decisions which would maximise thei
  • ITS America 2023: a stellar event beckons
    April 18, 2023
    A view from ITS America Events organisers at RX Global on what is shaping up to be an unmissable stellar event
  • Data handling important for autonomous vehicles
    December 8, 2016
    Data handling is becoming an ever-greater part of transportation and never more so than with autonomous vehicles, as Andrew Bardin Williams hears from some big names.