Business secretary Vince Cable opened an innovation centre for 'smart' transport technology last month, stating that it will transform transport around the world - and generate up to E900bn per year for the UK by 2025. Based in Milton Keynes, the Transport Systems Catapult's Imovation Centre will focus on everything from driverless vehicles to integrated logistics and smart traffic lights. Cable described the Imovation Centre as a world-class "collaboration space" for innovators, entrepreneurs, research organisations and businesses, using the latest technological developments to improve transportation. It will also offer modelling and testing facilities, allowing new products to be Mailed and demonstrated.
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