Spring Budget 2017 puts pedal to the metal for driverless cars

Spring Budget puts pedal to metal for driverless cars

John Leech, Head of Automotive at KPMG UK, comments on the boost in funding for driverless cars.

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John Leech, Head of Automotive at KPMG UK, commented:

“The Chancellor’s announcement of £270m for robots, driverless cars and biotech is a welcome boost for automotive companies and will benefit consumers. This investment will enable the UK to be an early adopter of shared-use driverless cars and Britain’s consumers will enjoy the largest cost savings in the world from this technology.  

“The measures announced today by the Government will support the development of internationally competitive businesses in the rapidly evolving mobility ecosystem.”

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KPMG Press office

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Jo Chileshe, KPMG Corporate Communications

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Email: jo.chileshe@kpmg.co.uk

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 13,500 partners and staff.  The UK firm recorded a revenue of £2.07 billion in the year ended 30 September 2016. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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