UK consortium awarded funding to develop autonomous vehicles

The StreetWise consortium, headed by UK artificial intelligence (AI) and machine learning (ML), start-up has been awarded US$16.4 million (£12.8 million) in grant support for its US$29.5 million (£23 million) project. Awarded as part of the UK government’s Centre for Connected and Autonomous Vehicles CAV2 competition, the grant will enable the consortium to develop and demonstrate autonomous transport in London, with the aim of launching a supervised trial of an autonomous vehicle fleet in the third quarter
April 24, 2017 Read time: 2 mins
The StreetWise consortium, headed by UK artificial intelligence (AI) and machine learning (ML), start-up has been awarded US$16.4 million (£12.8 million) in grant support for its US$29.5 million (£23 million) project.


Awarded as part of the UK government’s Centre for Connected and Autonomous Vehicles CAV2 competition, the grant will enable the consortium to develop and demonstrate autonomous transport in London, with the aim of launching a supervised trial of an autonomous vehicle fleet in the third quarter of 2019.

The StreetWise project aims to show that the technology is now sufficiently mature to be safe in urban environments and sufficiently intelligent to co-exist with human drivers, road users and pedestrians. It also plans to demonstrate how this technology can be used to reduce commuting costs, cut accident rates, reduce congestion and cut emissions.

The core aims of the project are to develop the autonomous vehicle technology, develop user interfaces, define and price the service, establish viable vehicle management and maintenance processes, attain (provisional) regulatory approval for that service and insure and operate it to a pre-commercial (TRL5) level.

The project will be delivered by a consortium led by FiveAI working in collaboration with the 7333 University of Oxford, the Transport Research Laboratory, 1466 Transport for London and automotive personal insurance provider 4236 Direct Line Group.

Location Based Systems

For more information on companies in this article

Related Content

  • Gearing up for the global electric vehicle revolution
    May 3, 2019
    As transport, communications and energy networks become inextricably linked, policy makers are recognising the implications for our built environment – and the growing electric vehicle market will have a major impact on the world’s infrastructure, says Rolton Group’s Chris Evans
    Read More
  • Toyota, BMW, Allianz to partner with autonomous vehicle startup Nauto
    October 11, 2016
    Autonomous vehicle technology company Nauto has entered into strategic agreements with BMW i Ventures and Toyota Research Institute, as well as with Allianz Ventures, part of financial service provider and insurance company Allianz Group. These companies have invested in Nauto and are working with the company on autonomous vehicle development using the Nauto cloud-based data learning platform. Nauto has developed deep learning capabilities that run both in the cloud and on retrofit devices that can be mo
    Read More
  • Parsons looking to the future – and helping to build it with iNET
    May 24, 2018
    Parsons will use the ITS America Annual Meeting Detroit to show how iNET is shaping the future of smart cities. The company will invite visitors to imagine what their morning commute might be like in the future. An autonomous vehicle picks you up, syncs with your mobile devices to determine where you need to be and when, calculates the best route, and places your order at the local coffee shop moments before stopping to pick it up along the way. This is the future of mobility, and Parsons will show how it
    Read More
  • Mega trends will challenge transport technology
    June 5, 2015
    Jon Masters investigates some of the longer term trends that will shape transportation over the next 20 years. Business analysts and investors have already placed their bets on a future of technological smart mobility services. In December last year, the Wall Street Journal reported that Uber, the on-demand taxi and lift share smartphone app and start-up business, had been valued at $41.2 billion which, as the Journal reported, is an incredible vote of confidence for a company only five years old.
    Read More

Highlighted Content