Home » Sunday » Technology
Driverless car funding
Print Edition
BRITISH finance minister Philip Hammond is to announce a 75 million pounds (US$99 million) funding for Artificial Intelligence and plans to put driverless cars on UK roads by 2021.
Hammond will suggest regulation changes to allow Britain’s driverless car industry, which the government estimates will be worth 28 billion pounds by 2035, to get cars on the road within as little as three years.
The minister will also release a 400 million pounds fund for companies hoping to roll out electric-car charge points. People hoping to buy a battery-electric vehicle will 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 pounds supporting companies developing AI and 160 million pounds in developing 5G technology.
However, the Conservative minister recently came under fire on his housing policy in the wake of the Grenfell Tower disaster that killed 71 people.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
