A survey by one of the planet’s leading professional advisory and accounting firms indicates that driverless cars will provide multiple benefits for the UK. The research conducted by KPMG revealed smart cars could give the national economy a £50 billion shot in the arm and create more than 300,000 new jobs.
The Society of Motor Manufacturers and Traders commissioned the survey to find out what the impact of autonomous cars on the UK’s roads would be. The society released news of the report’s findings at the SMMTConnected Exhibition in London late last week.
SMMT CEO Mike Hawes said the research found that linked and driverless cars would radically change transportation in London and other UK and global metropolises over the coming generations. He explained that onboard technology hooked up to a central system would ease congestion in busy areas.
Mr Hawes continued by saying autonomous vehicles would also drastically reduce the number of road accidents as human error would no longer be a contributing factor. The report shows that smart cars could slash the number of crashes by 25,000 annually before the year 2030.
The survey also found that the UK was set to be in the vanguard of the development of driverless cars and would benefit to the tune of £50 billion if it took full advantage of its head-start. Trials of autonomous cars are already taking place in four locations in the country.
Forecasted data from the KPMG study reveals that over the next 15 years all new vehicles will be equipped with linking devices. The statistics also predict one in four vehicles on the UK’s roads will be 100 per cent autonomous by 2030.