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Driverless car industry to get £20m Government boost

The UK will lead the way in testing state-of-the-art driverless cars, the government has claimed as it launches a £20m research and development fund dedicated to the growing industry. It is hoped the money will make Britain the best place in which to test the autonomous vehicles in a market estimated to be worth £900bn by 2025. Funding will be awarded on the basis of a competition aimed at finding the bid with the most innovative approach to developing the technology. The bidder with the best proposal will have to match the £20m with their own money.

 

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