SEOUL, March 20 (Korea Bizwire) – One of the industries that self-driving vehicles will reshape is the insurance sector, and the question of who should take responsibility in the event of an accident is still being debated in several countries, including South Korea, where autonomous vehicles are just starting to be introduced to the market. [...]
SEOUL, Feb. 20 (Korea Bizwire) – South Korea’s top Internet portal operator Naver on Monday became the last to join a race here for the development of self-driving cars after gaining government permission for a road test of its autonomous vehicle. The Ministry of Land, Infrastructure and Transport said it has issued a license for [...]
SEOUL, Feb. 14 (Korea Bizwire) – The Korean government has announced that it will prepare a new compensation system with the expected commercialization of autonomous cars in 2020, attracting much attention on how authorities will decide who will be liable for car accidents. According to a February 13 statement from the Ministry of Land, Infrastructure, [...]
SEJONG, Feb. 13 Korea Bizwire) – The Ministry of Land, Infrastructure and Transport announced Monday a set of plans for the local automotive industry from 2017 to 2021 to better prepare South Korea for the imminent era of autonomous vehicles. According to the ministry, demand for safer vehicles will only increase given Korea’s rapidly aging [...]
SEJONG, Jan. 10 (Korea Bizwire) – Sejong, South Korea’s de facto administrative capital, will become the world’s first city dedicated to self-driving vehicles. Lee Choong-jae, administrator for the National Agency for Administrative City Construction, announced Tuesday an ambitious plan to make all 360 kilometers of roads in the city self-driving-compatible by the year 2020, in [...]
SEOUL, Jan. 5 (Korea Bizwire) – South Korea plans to become one of the world’s first countries to put autonomous cars to actual use this year, introducing its first self-driving bus, a government report showed Thursday. According to the report from the Ministry of Land, Infrastructure and Transport, the government plans to introduce a self-driving [...]
SEJONG, Dec. 26 (Korea Bizwire) – Autonomous vehicles approved for temporary operation in Korea have so far proven safe, after nine months of road testing. According to the Ministry of Land, Infrastructure and Transport on Monday, the 11 self-driving cars – from Hyundai Motor, Kia Motors, Hyundai Mobis, Seoul National University, Hanyang University, and the [...]
SEOUL, Dec. 13 (Korea Bizwire) – Leading South Korean automakers Hyundai Motor Company and Kia Motors have taken another step towards commercializing self-driving vehicles. With the memorandum of understanding signed Monday between Hyundai Motor Company, Kia Motors and the city of Hwaseong, the two companies will be able to test vehicles equipped with V2X (or [...]
DAEJEON, Dec. 1 (Korea Bizwire) – The Electronics and Telecommunications Research Institute announced Thursday that a joint team of researchers from ETRI, Samsung Electronics, NextChip, and Unmanned Solution had developed Aldebaran, a gigahertz-scale processor that will serve as the brain of future self-driving vehicles. Such processors gather data from various sensors on an autonomous vehicle [...]
SEOUL, Nov. 15 (Korea Bizwire) – Seoul National University unveiled Tuesday the SNUber2, an urban self-driving vehicle and the follow-up model to the original SNUber, which was introduced in November 2015, and used for transporting disabled students around campus. Developed by the school’s Intelligent Vehicle IT Research Center, the new generation vehicle is suitable for [...]