DONGHAE, Sept. 12 (Korea Bizwire) – The coastal city of Donghae in Gangwon Province has launched a series of smart bus shelters equipped with Internet of Things (IoT) technology, marking a significant upgrade to its public transportation infrastructure. City officials announced on September 11 that the new shelters, which go beyond traditional waiting areas, are designed [...]
WASHINGTON, Sept. 10 (Korea Bizwire) — The United States will give “lead time” for South Korean companies to adjust their supply chains for connected vehicles, a senior U.S. official said Tuesday, as Washington is pushing for regulations to address security risks stemming from those imported vehicles using certain Chinese components. Under Secretary of Commerce for [...]
SEOUL, Sept. 11 (Korea Bizwire) – In a significant step towards the future of transportation, POSCO, the South Korean steel giant, has become the world’s first manufacturer to produce specialized steel for hyperloop systems, supplying it to a European test track. On September 10, POSCO announced its participation in the inauguration ceremony of the European Hyperloop [...]
SEOUL, Sept. 11 (Korea Bizwire) – Volkswagen’s official dealer in South Korea announced on September 10 the launch of a limited edition model that maximizes the dynamic appeal of the Golf GTI. The new Golf GTI Limited Edition is set to captivate enthusiasts with its enhanced aerodynamics and exclusive design elements. This special edition model features [...]
SEOUL, Sept. 10 (Korea Bizwire) — Kia Corp. has ranked first among automotive brands operating in India in terms of overall customer experience, the South Korean company said Tuesday, citing local industry data. According to Kia, the company ranked first, with a score of 45.84 percent, in the overall customer experience index survey conducted by [...]
BUSAN, Sept. 10 (Korea Bizwire) — An electric bike caught fire while being charged at a convention center in the southeastern port city of Busan, but sprinklers helped put out the flames, officials said Tuesday. The blaze occurred at 10:15 p.m. Monday at an underground parking lot at Bexco, an exhibition and convention center in [...]
SEOUL, Sept. 10 (Korea Bizwire) – In a move to address growing safety concerns and maintain customer loyalty, Mercedes-Benz Korea announced on September 9 that it plans to distribute charging vouchers worth 300,000 won to owners of its electric vehicles. Mathias Vaitl, president of Mercedes-Benz Korea, communicated this decision in an email titled “A Message of [...]
SEOUL, Sept. 9 (Korea Bizwire) — The transport ministry said Monday it plans to issue a legislative notice for new government regulations regarding electric vehicle (EV) safety announced last week in response to public concerns over EV fires. The ministry said the legislative notice for amendments to the enforcement regulations of the Automobile Management Act [...]
SEOUL, Sept. 6 (Korea Bizwire) – The government said Friday it will conduct prior safety checks on electric vehicle (EV) batteries and require EV makers to disclose their battery brands to address public concerns about spontaneous fires in EVs. The plan was finalized during a government meeting led by Prime Minister Han Duck-soo as part [...]
SEOUL, Sept. 6 (Korea Bizwire) – Carmakers and battery manufacturers in South Korea on Friday expressed their commitment to cooperate with a newly announced set of government measures aimed at preventing spontaneous fires in electric vehicles. Under the plan announced earlier in the day, the government’s EV battery certification system that was scheduled to go [...]