UK To Have Driverless Cars By 2021
The United Kingdom is indeed ready for a future without petrol and drivers.
First it announced it will end petrol cars in 2040, and now it has said driverless cars will be plying on their roads long before then, latest by 2021.
This is even as the government estimates Britain's driverless car industry will be worth £28 billion by 2035.
To this end, British finance minister Philip Hammond will announce £75 million ($99 million, 84 million euros) funding for Artificial Intelligence and plans to put driverless cars on UK roads by 2021, in his budget speech on Wednesday this week.
Hammond will announce regulation changes to allow Britain's driverless car industry to get cars on the road within as little as three years, according to extracts of the budget released by his office on Sunday.
The minister, who is under pressure to deliver an eye-catching budget following Brexit spats with cabinet colleagues, will also announce a £400 million fund for companies hoping to roll out electric-car charge points across the country.
People hoping to buy a battery-electric vehicle will also be able to access funding as Britain attempts to move towards zero-emission transport.
With a focus on tech industries, the government is also planning to spend £75 million supporting companies developing AI and £160 million in developing 5G technology, which it believes will be necessary for the mass rollout of driverless cars.
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