SEOUL, Sept. 19 (Korea Bizwire) – South Korea is targeting to commercialize a Level 4 autonomous vehicle in 2027 to release half of newly launched vehicles as Level 4 models in 2035, the transport ministry said Monday. This year, Korea aims to become the world’s third country to commercialize a Level 3 autonomous vehicle after [...]
SEOUL, Sept. 6 (Korea Bizwire) — The Korean Register of Shipping (KR), South Korea’s ship quality assurance and risk management company, said Monday it had signed an agreement with Hyundai Heavy Industries Co., Avikus and the Liberian International Ship & Corporate Registry (LISCR) to carry out a joint study on the application and approval of [...]
SEONGNAM, June 11 (Korea Bizwire) — The city of Seongnam, Gyeonggi Province said Thursday that it will establish big data for the launch of a trial road guide service aimed at realizing the safe autonomous operation of electric wheelchairs. The city government will collect a variety of information, including the road surface of sidewalks, piled-up [...]
SEOUL, Oct. 28 (Korea Bizwire) — Korea Post said Wednesday it has tested a self-driving mail delivery vehicle, joining the country’s race to introduce unmanned delivery services. The agency said it tested the vehicle, developed by PostCube Co., a local automatic postal service developer, at the Korea University Sejong Campus in the central city of [...]
QUEBEC CITY, Sept. 01, (Korea Bizwire) – LeddarTech®, a leader in ADAS and AD sensor technology, is pleased to announce that Cavonix Ltd. has selected the Leddar™ Pixell sensor technology for its autonomous shuttles and off-road trucking customers. Cavonix Ltd. is a tech start-up based in the United Kingdom that has developed a range of [...]
SEOUL, Aug. 12 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it has given the name Motional to its US$4 billion joint venture with Ireland-based self-driving technology startup Aptiv. In March, Hyundai set up the 50:50 joint company with Aptiv, to be headquartered in Boston, in order to test [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s science ministry said Wednesday that it will spend 14.3 billion won (US$12.2 million) in the next three years to help develop artificial intelligence (AI) chips that can be used in self-driving cars. Asia’s fourth-largest economy views autonomous vehicles as one of the industrial sectors for further growth [...]