Britain already appears to be racing ahead in the driverless car competition, with the first kind unveiled in Greenwich yesterday and test drives scheduled in Milton Keynes by the summer.
Driverless cars are predicted to revolutionise travel by allowing drivers to use this time to safely use their mobile phones, read a book or even watch a film.
This innovative technology may also mean that motorists will no longer require licences to drive. As such, it will be interesting to see how these developments impact on the automotive insurance market. For, if driverless cars eliminate the liability of drivers, who will be responsible for accidents on the road?
Claire Perry, a transport minister, said: "Driverless cars are the future. I want Britain to be at the forefront of this exciting new development, to embrace a technology that could transform our roads and open up a brand new route for global investment.