(FILES) This file photo taken on October 11, 2016 shows people looking at an autonomous self-driving vehicle, as it is tested in a pedestrianised zone, during a media event in Milton Keynes, north of London, on October 11, 2016. AFP / JUSTIN TALLIS
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British finance minister Philip Hammond is to announce £75 million ($99 million) funding for Artificial Intelligence and plans to put driverless cars on U.K. roads by 2021, in his budget speech Wednesday.Hammond will announce regulation changes to allow Britain's driverless car industry, which the government estimates will be worth £28 billion by 2035, to get cars on the road within as little as three years, according to extracts of the budget released by his office on Sunday. The minister, who is under pressure to deliver an eye-catching budget following Brexit spats with cabinet colleagues, will also announce a £400 million fund for companies hoping to roll out electric-car charge points across the country.People who want to buy a battery-electric vehicle will also be able to access funding as Britain attempts to move towards zero-emission transport.
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