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.
Location Based Systems

For more information on companies in this article

Related Content

  • Rapid growth makes Texas an incubator for tolling innovation
    September 8, 2014
    As the IBTTA’s annual meeting and exhibition heads for Austin, Mitchell Beer, president of Smarter Shift, considers the role of Texas in the development of tolling strategies and technology. The State of Texas has always prided itself on being ‘larger than life’. From the sprawling geography of the state itself with its wide open skies, to its entrepreneurial ‘get-it-done’ attitude, Texas exudes an impatient restlessness that pushes businesses and public agencies to deliver faster, better results. More ofte
    Read More
  • Making cars safer for vulnerable road users
    June 2, 2016
    Richard Cuerden considers measures to improve the safety of vulnerable road users. The competitive nature of the car market has seen an increase in protection for those travelling inside the vehicle and this is reflected in the casualty statistics -but the same does not apply to those outside the vehicle. And with current societal trends such as ageing populations, an increasing number of pedestrians and cyclists encouraged by environmental policies, this is an area that authorities such as the European Uni
    Read More
  • Technologies to protect connected cars ‘not being utilised’
    August 10, 2016
    A three-year study by IOActive’s Cybersecurity Division has found half of vehicle vulnerabilities could allow cyber attackers to take control of a vehicle - and 71 per cent are ‘easy to exploit’. The research, detailed in a whitepaper, Commonalities in Vehicle Vulnerabilities, is based on real-world security assessments. Technologies which could be exploited include cellular radio, Bluetooth, wi-fi, companion apps, vehicle to vehicle (V2V) radio, onboard diagnostic equipment, infotainment media and Zigbe
    Read More
  • Qualcomm: How Connected Driving Will Reduce Emissions in the EU
    September 14, 2023
    In an era marked by climate change and an urgent need for greener mobility solutions, the advent of connected driving has emerged as a promising frontier in the realm of transportation.
    Read More

Highlighted Content