The UK’s transport market will see billions of new investment directed towards it over the next four years, as the government has pledged to improve road standards while accelerating the development of electric and autonomous vehicles. MPs have also promised to upgrade the broader transport infrastructure in a new modern industrial method paper. 
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Prime minister Theresa may has announced ten crucial pillars that will help drive the UK’s economy and infrastructure post-Brexit. This involves an additional £4.7 billion invested by 2020-2021 in research and development. The new industrial method Fund will support R&D in markets like smart and clean technologies, man-made intelligence and autonomous cars.  
The Government’s also pledged to set aside £2.6 billion for improvements in transport projects to minimize journey times and £1.1 billion to repair potholes and local roads. To make way for low emissions cars, may said the UK is already trialling new electric grid technologies in various locations around the country to help electric automobile rollout, as well as already investing £600 million in ultra low emissions automobile development. 
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Part of the industrial method involves a additionally £740 million to build 5G and fibre broadband technologies, the former crucial to the rollout of autonomous vehicles. 
A new Centre for connected and Autonomous automobiles will also be built. The centre has a research programme worth up to £200 million and a additionally £100 million will be matched by the industry to develop new testing grounds for autonomous cars. The location of the testing hub will be announced later this spring.
Prime minister Theresa may said: “The modern industrial method will back Britain for the long-term: creating the conditions where successful services can emerge and grow, and backing them to invest in the long-term future of our country.”
Business and energy secretary Greg Clark said: “This is an crucial step in building a modern, dynamic industrial method that will improve living standards and drive economic growth across the whole country. 
“A modern British industrial method must: build on the UK’s strengths and extend excellence into the future; close the gap between the UK’s a lot of productive companies, industries, places and people and the rest; and make sure we are one of the most competitive places in the world to start and grow a business” 

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