DOWNLOAD CONNECTED AND AUTOMOATED MOBILITY REPORT
For more than a century, the UK has been at the forefront of technological innovation that shaped the movement of people and goods. Today, the UK automotive sector is investing in connected and automated mobility (CAM) technology that will shape mobility for the next century and improve the way we travel and goods are delivered.
Thanks to government-industry partnership that stretches back to early 2015 when the first CAM collaborative R&D and demonstration projects began, the UK has come a long way and is today one of the leading locations in the world for testing and trialling CAM technology. However, to unlock the full economic and social benefits of CAM it is essential that we now expend every effort to take the next step and ensure the UK also becomes a leading location for the commercial rollout of CAM.
The arrival of CAM will enable the British public to experience increased safety benefits, potentially lower insurance premiums in the future and more comfortable and less stressful journeys, while businesses and sectors such as logistics, agriculture, mining, construction, public administration and defence could benefit from more efficient movement of goods and industrial processes. CAM could also offer people with restricted mobility, or who are unable to drive, the freedom to travel and has the potential to improve traffic efficiency when deployed in substantial numbers, leading to better air quality and lower emissions. But perhaps the most significant benefits of CAM are those that could accrue to the UK economy, creating jobs, spawning new business models and driving growth across automotive and other related sectors.
To better understand and quantify the potential economic opportunity of CAM to the UK, SMMT, working with and funded by Innovate UK, along with partners the Automotive Council and Zenzic, commissioned consultants KPMG to conduct a study. The study sought to answer the following questions:
- What are the potential socio-economic benefits of CAM to the UK?
- In which sectors are the highest growth opportunities for CAM technology likely to be found?
- What are the key enablers towards realising the socio-economic opportunities?
The study’s key findings show that CAM could deliver annual economic benefits as high as £66 billion by 2040 and an estimated additional 342,000 additional jobs overall in the economy, of which 12,250 are in automotive manufacturing. The technology is also expected to save 3,900 lives and prevent 60,000 serious accidents between now and 2040.
However, realising the significant socio-economic benefits that CAM has the potential to offer is highly dependent on several key government interventions that will pave the way for a safe and well-planned commercial rollout of CAM. These range from bringing forward regulatory reforms and committing to an ambitious package of funding support to widening skills development and implementing a proactive public communications programme jointly with industry
