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SRT to Equip Next-Gen High-Speed Trains with World’s First Onboard Lithium Battery Fire Suppression System

SRT to Equip Next-Gen High-Speed Trains with World’s First Onboard Lithium Battery Fire Suppression System

SEOUL, April 15 (Korea Bizwire) — South Korea’s high-speed rail operator SR announced Monday that its next-generation EMU-320 trains, slated for deployment in 2027, will feature the world’s first onboard automatic fire suppression system specifically designed for lithium polymer battery fires. The system, developed in collaboration with Hyundai Rotem and fire safety firm HTC, is engineered [...]

S. Korea Launches Research on Maglev Propulsion Tech for Envisioned Hypertube Train

S. Korea Launches Research on Maglev Propulsion Tech for Envisioned Hypertube Train

SEOUL, April 9 (Korea Bizwire) — South Korea has initiated a new research project aimed at developing magnetic levitation propulsion technology for an envisioned next-generation high-speed train system called the Hypertube, the government said Wednesday. The Ministry of Land, Infrastructure and Transport, in partnership with the Korea Railroad Research Institute, is spearheading the project. The [...]

Lost Items in Seoul Subway Reach Record High in 2024

Lost Items in Seoul Subway Reach Record High in 2024

SEOUL, Feb. 28 (Korea Bizwire) — The number of lost items reported in the Seoul subway system reached 152,540 in 2024, marking a 4% increase from the previous year, according to Seoul Metro’s latest report released on February 27. On average, 418 lost items were registered daily, meaning approximately one in every 61 subway passengers [...]

Hyundai Rotem Wins Record 2.2 Tln-won Train Supply Deal from Morocco

Hyundai Rotem Wins Record 2.2 Tln-won Train Supply Deal from Morocco

SEOUL, Feb. 26 (Korea Bizwire) — Hyundai Rotem Co., the train manufacturing subsidiary of South Korea’s Hyundai Motor Group, said Wednesday it has won a 2.2 trillion-won (US$1.53 billion) deal from Morocco to supply advanced trains to the North African nation. Hyundai Rotem secured the contract to supply ONCF, Morocco’s national railway operator, with double-decker [...]

Uber Launches Business Travel Service in South Korea Amid Expansion Efforts

Uber Launches Business Travel Service in South Korea Amid Expansion Efforts

SEOUL, Feb. 20 (Korea Bizwire) — Uber has introduced its corporate mobility service, Uber for Business (U4B), in South Korea, aiming to enhance business travel efficiency with seamless expense management and ride-hailing solutions. At the ‘Uber Taxi Connect Day’ event in Seoul on February 20, Uber outlined its business strategy for the year, including the launch [...]

Tada Sues Kakao Mobility Over Alleged Market Manipulation

Tada Sues Kakao Mobility Over Alleged Market Manipulation

SEOUL, Feb. 16 (Korea Bizwire) — South Korean mobility platform Tada has filed a lawsuit against Kakao Mobility, accusing the industry giant of unfair business practices that allegedly restricted competition and harmed Tada’s operations. According to the information and communications technology (ICT) sector on February 16, Tada’s parent company, VCNC, filed the damages suit last month [...]

Korail’s Real-Time Train Location Service Voted Best Offering of 2024

Korail’s Real-Time Train Location Service Voted Best Offering of 2024

DAEJEON, Dec. 31 (Korea Bizwire) —The Korea Railroad Corporation (Korail) announced on Friday that its real-time train location service was ranked the top offering of 2024 in a public poll. The service allows passengers to track the current location and estimated arrival time of all trains on a dedicated map in real time. The poll, [...]