The Transport Sector
Travel has changed dramatically over the past 20 years, with advances in automotive and aviation technology giving us the ability to travel faster, with more comfort and with significantly greater safety. The next stage of this technological development is set to see advances in electric and autonomous vehicles.
This rapidly evolving sector will see fast charging batteries that decrease charging times, greater battery capacity that increases vehicle range and fully autonomous systems that removes the need manual driving – why struggle to find a parking spot when your car can simply drop you off and drive home again!
Significant funding has been made in future transport technology, with the Faraday Challenge, a £246m commitment to developing battery technology, just one of a number of investments made in the sector.