One-sixth say they will invest more than $1m in the next financial year.
The survey, which ADVI conducts annually polling companies involved with driverless vehicles, points to growing confidence in the industry despite the uncertainty facing many businesses in the COVID-19 era.
ADVI Executive Director Rita Excell said the industry had the potential to provide much needed stimulation to the Australian economy, and help the nation become a world leader in the driverless vehicle space.
“Business confidence is high in this sector. Our members are telling us that they are employing people and growing investment in their businesses to support the driverless vehicle sector,” Ms Excell said.
“Responses received indicate that activity is happening across every state in Australia, and 50% of this investment is self-funded with the balance coming from industry and government grants.”
ADVI – the peak body for the driverless vehicle sector in Australia – has conducted the industry survey of its partners yearly since 2018.
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