Oxfordshire has some of Europe’s most successful clusters in connected and autonomous vehicles, motorsport, and energy storage solutions, each one stimulating innovation through multidisciplinary collaboration.
With a track record of establishing and attracting investment from around the world, it has seen over £2 billion in foreign direct investment since 2015. New vehicle technology will play a major part in making Oxfordshire one of the world’s top three innovation ecosystems by 2040 – the vision for OxLEP’s Local Industrial Strategy.
The county forms a large part of Testbed UK, a uniquely-resourced central UK region where CAV technologies can be taken from concept to manufacture. Geographically, Testbed runs between London and the Midlands, placing Oxfordshire at its centre.
Foreign-owned companies which have expanded or established operations in Oxfordshire during the last three years include Waymo, BMW, Hyundai, Kia, Oxis Energy, Andretti, Zoox and Mahindra Group.