Autonomous cars are finally here*
Self-driving market expected to be worth £785 billion by 2032; investors invited for industry-wide Series P funding round
Self driving cars that need no direct** driver supervision have finally arrived on Britain’s roads, after more than a decade of testing, development and exciting new developments.
The country’s first completely*** production-ready**** autonomous car was unveiled at a ceremony at the Progressive Research Applied Transport hub at Wideopen Technical Facility college, with audience members including Government ministers, industry heads and the Earl of Ditchwater.
The result of a collaboration between the UK’s leading self-driving firms including BlueSkyCloud, SomeHope and OptimalProjection, the demonstration vehicle, codenamed Rabbit Light One, can navigate every public road in the UK with no driver*****, while also being fully insurable****** by members of the public thanks to a policy from specialist underwriters Private Bond Cover.
The Rabbit Light One was showcased over a demonstration journey on public roads, chauffeuring the Minister for Enlightenment and Progress who sat in the rear of the car for most of the 2.5-mile trip.
“The UK has some of the brightest engineers and software developers in the world”, the minister told gathered reporters, “and it’s wonderful to see them devote their talents to a project that is now clearly ready for public use, and is expected to bring billions of pounds of investment for the economy*******, as well as see the creation of thousands of new jobs********.”
Series production of the Rabbit Light One is scheduled for early 2029, with first deliveries due to follow in the early 2030s. Initial customers are expected to be selected via a vetting process that will ensure they are suitably accustomed to live Beta-testing. All users of the RLO will have to provide breath samples to the vehicle’s on-board alcohol interlock devices, while also signing waivers promising they will promote the car’s abilities*********.
Potential investors********** are invited to register for the conglomerate’s Series P funding round, which follows 15 highly successful*********** previous rounds.
*The words ‘finally here’ refer to the vehicle physically existing and driving on public roads, and do not imply (directly or indirectly, across all relevant regions and legislative territories) that the vehicles are available to purchase or use
**‘Direct’ refers to a human driver physically residing inside the vehicle, and does not preclude remote observation by a team of overseers with override permissions should safety-critical incidents occur
***The word ‘completely’ applies to the lack of human driver in the vehicle
****Production ready Beta-test vehicle available no later than 2039
***** No driver residing inside the vehicle. Does not imply the vehicle cannot be operated via remote access
****** The Rabbit Light One is insurable by members of the public subject to vetting and a £20 million disbursement being made to Private Bond Cover
*******Projected investment by 2050; source: Department for Excellence in Innovation (DEI)
********Thousands of new jobs do not include projected streamlining of those employed in the Hackney Carriage, minicab, bus, delivery, courier, emergency-service and other associated industries
*********Promotion of the Rabbit Light One’s abilities bindingly applies to the non-sharing of any suboptimised technical-development results that may arise over the course of any journey
**********The value of your investment may go down. Future returns are not guaranteed by implication or direct assertion
***********The success of previous funding rounds applies to the success of funding being secured, and does not imply previous financial gains