The UK is in pole position in the global race to market for connected and autonomous vehicles (CAVs), with a £62 billion boost to the UK economy by 2030 up for grabs, according to a major new report published by the Society of Motor Manufacturers and Traders (SMMT) and Frost & Sullivan.
Connected and Autonomous Vehicles: Winning the Global Race to Market, analyses the wide-ranging societal and economic benefits to be achieved by gradually increasing CAVs on our roads.
But for this to happen, the UK’s departure from the EU must be orderly with a deal that supports the industry and technological collaboration, especially in data. A ‘no deal’ Brexit will result in lasting damage to the UK’s reputation as a politically stable destination for inward investment, putting the benefits identified in the report at risk, the report warns.
The UK is in a strong position to capitalise, with more than £500 million already committed by industry and government to CAV R&D and testing. Autonomous driving trials are taking place in our major towns and cities, the country is home to four major CAV test beds and three additional sites focused on highways, rural and parking, with more than 80 collaborative R&D projects underway. The next game-changing step is to move from testing CAV technologies to deployment in the real world.
Advanced driver assistance systems (ADAS) such as Autonomous Emergency Braking and Collision Warning are already available on the majority of new cars registered in the UK. Combined with the gradual introduction of automated vehicles from 2021, this will deliver significant safety benefits. Over the next decade, the technology is set to prevent 47,000 serious accidents and save 3,900 lives. At the same time, some 420,000 new jobs will be created, including in the automotive industry and other sectors such as telecoms and digital services. Driving commuters, meanwhile, will gain back the equivalent of a full working week thanks to more ‘downtime’ and smoother traffic flows during their commute.
Connected and Autonomous Vehicles: The Global Race to Market identifies three critical areas that will help CAV rollout and in which the UK has a significant advantage: supportive regulation, enabling infrastructure and an attractive market. With the world’s first insurance legislation for autonomous vehicles already in place, the most comprehensive review of road transport underway and more miles across motorways, urban and rural roads able to be driven autonomously, the UK is already ahead of global rivals in its readiness to commercialise self-driving technology. The report ranks the UK above other major automotive countries, including Germany, US, Japan and South Korea as a global destination for the mass rollout of CAVs.
To realise this potential, however, the conditions must be right, and sustained support from government will be vital – particularly if we are to meet its ambition to get autonomous vehicles on to UK roads in 2021. The report’s key recommendations for government include updating road traffic laws, improving 4G coverage across all road networks, encouraging local authorities to work with industry to implement urban mobility services and influencing future harmonisation of international regulations to ensure these new vehicles can operate seamlessly between the UK and abroad.