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ARTICLE · 18 MARCH 2015

Budget 2015: Will Driverless Investment Push Britain Into The Fast Lane?

Commenting on the Chancellor’s announcement of a £100 million investment for Research and Development into Intelligent Mobility

United KingdomStrategy

Commenting on the Chancellor's announcement of a £100 million investment for Research and Development into Intelligent Mobility, which will focus on enhancing the development of driverless car technology and the systems required to implement and adopt the technology, David Raistrick, UK automotive leader at Deloitte, said:

"Driverless vehicles are expected to be a multi-billion pound industry over the next decade. Those countries that are most likely to benefit will be early adopters, supported by early investment. This will lead to greater global positioning and involvement across the wider industry.

"Whilst £100m is not significant in terms of the overall level of investment required, it is nonetheless, a valuable step in the right direction. If the UK is to benefit from the many advantages of this technology, we must continue to be committed to its development.

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