The Chancellor of the Exchequer has announced that the West Midlands Combined Authority(WMCA) will receive up to £20 million, subject to approval of a satisfactory business case, to enable WMG, at the University of Warwick to create the UK Mobility Data Institute, a focussed research centre to collect, process and analyse transport data generated by the advent of new mobility technologies such as autonomous vehicles and smart charging of electrified vehicles. The announcement was made in the publication of the Chancellor of the Exchequer’s full budget following his Budget 2018 speech on Monday 29th October.
Data aggregation and analysis will underpin the future of all transport systems and how they are built, regulated and used. At the heart of the UK’s first 5G urban connected area and the home of future mobility innovation WMG, working in partnership with WMCA, will create the new data institute. It will provide the computing, technical and connectivity capacity and expertise to bring together and exploit, for economic, productivity, social and environmental gain, the huge amount of data generated in many transport programmes.