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Kia Motors to Kick-start On-demand EV Charging Service

Kia Motors to Kick-start On-demand EV Charging Service

SEOUL, Sept. 29 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-biggest carmaker by sales, plans to launch a new on-demand electric vehicle (EV) charging service that enables customers to have their EVs charged without limits in time and space. On Monday, Kia inked a memorandum of understanding (MOU) with battery diagnosis solution start-up MinTech [...]

Kakao T Lets You Know if Parking Lots are Full or Not Before Arrival

Kakao T Lets You Know if Parking Lots are Full or Not Before Arrival

SEOUL, Sept. 29 (Korea Bizwire) — Kakao Mobility, a firm that provides cab-hailing and driver-for-hire services, said Monday it added a new artificial intelligence (AI) function that can predict whether parking lots are full or not to its Kakao T Parking service, a first among South Korean parking apps. Previously, it was impossible for drivers [...]

Korean EVs at Risk as Tesla Announces Cheaper Model

Korean EVs at Risk as Tesla Announces Cheaper Model

SEOUL, Sept. 28 (Korea Bizwire) — Prices of domestic electric vehicles (EVs) are gaining attention following Tesla Motors Inc.’s recent announcement that it will come up with a new EV model that costs as little as US$25,000 within the next three years. Experts expect that domestic EV manufacturers will need at least four or five [...]

Coronavirus to Boost Number of Patients with Anger Disorder

Coronavirus to Boost Number of Patients with Anger Disorder

SEOUL, Sept. 25 (Korea Bizwire) — Recent research shows an increasing number of patients each year who are being treated for anger disorders. The National Health Insurance Service reported on Thursday that 2,249 patients were treated for intermittent explosive disorder (IED), surging by 30.7 percent since 2015. By age, the majority of the patients were [...]

KAIST to Develop Emotional Intelligence Technology-based AI Service

KAIST to Develop Emotional Intelligence Technology-based AI Service

DAEJEON, Sept. 25 (Korea Bizwire) — South Korea’s top-ranked science and technology university has unveiled a plan to set up a public database aimed at developing emotional intelligence technology-based artificial intelligence (AI) services. The Korea Advanced Institute of Science and Technology (KAIST) announced on Thursday that it will launch an AI big data center to [...]

S. Korea’s State Pension to Invest $300 mln in Aussie Infra Fund

S. Korea’s State Pension to Invest $300 mln in Aussie Infra Fund

SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s state pension fund will invest US$300 million in an Australian infrastructure fund as it seeks diversification and profitability in its portfolios, a person familiar with the matter said Friday. The National Pension Service (NPS) will join AXA General Insurance, Allianz and APG, the largest pension provider in [...]

91 pct of Workers Happy with Remote Working amid COVID-19

91 pct of Workers Happy with Remote Working amid COVID-19

SEOUL, Sept. 24 (Korea Bizwire) — Some 91 percent of South Korean workers who are working from home amid new coronavirus concerns said they are satisfied with the alternative, a government poll showed Thursday. The survey of 878 workers showed that 60.5 percent were mostly satisfied with working from home, while 30.8 percent said they [...]

Hyundai Motor Partners LG to Unveil Interior Concept for Future Vehicles

Hyundai Motor Partners LG to Unveil Interior Concept for Future Vehicles

SEOUL, Sept. 24 (Korea Bizwire) — Hyundai Motor Co. and LG Electronics Inc. on Thursday unveiled an interior concept for future vehicles as the two South Korean firms join hands to showcase enhanced in-car experiences. The IONIQ Concept Cabin is designed to show that future Hyundai vehicles can be a mobility solution that reflects people’s [...]