Chancellor Philip Hammond is set to boost transport technology in today's Autumn Budget, with support for driverless and low emission vehicles, as well as cash for 5G mobile networks and digital skills.
This will be the second Budget in 2017
In the first ever Autumn Budget, the Chancellor will announce that the Government will implement ‘world-leading regulatory changes’ so that developers can apply to test driverless cars on the road nationwide without a human operator for the first time, with fully self-driving cars on UK roads in as little as three years
A new scheme will also be launched to enable organisations to explore ways of testing self-driving technology through digital simulation.
Mr Hammond is also expected to announce:
- £75m for Artificial Intelligence
- £400m for electric car charge points
- £100m to boost clean car purchases
- £160m for next-generation 5G mobile networks across the UK
- £76m to boost digital and construction skills
On Monday, prime minister Theresa May launched a £1.7bn Transforming Cities Fund, designed to improve transport links in and around city regions.