CTP Engineers Ltd is developing an advanced transportation system for passengers and freight in the future.
The company is a partner of the CTP engineering industry and is part of the UK’s government-funded Transport and Infrastructure Investment Agency.
The £1.2bn system will provide a range of new transport technologies, including electric, autonomous, autonomous driving, automated, electric buses, hybrid and electric taxi.
“We have the capability to deliver a truly next-generation transportation system,” said Simon Hirst, CEO of CTP.
“It will transform the way we travel from car to bus and train to ferry, to the bus stop and back again.”
With the new technologies, we can have a truly connected future.
“The system will allow passengers to board a bus, or taxi, using a smartphone app, while travelling through cities.CTP says the system will be fully operational by 2021.
The firm is also working on a range, which will offer high-speed, electric or hybrid vehicles, which it says could be used in the UK for journeys of up to three hours.
It says the systems can reduce travel time by up to 25%.CTP has been involved in developing a range that will allow passenger vehicles to travel from London to Cardiff, and from Cardiff to Birmingham.
It is also developing a new type of high-occupancy vehicle (HOV) system that will enable a new range of vehicles to be delivered to the UK from China.
The new system will also be able to reduce fuel consumption and carbon emissions.CTS has received more than £1bn of investment from the UK government, with more than 80% of that funding going to infrastructure projects.
Ctp Engineering has received £6.6bn from the government.