SEJONG, Oct. 26 (Korea Bizwire) – South Korea and France will invest a combined 3 billion won (US$2.65 million) in the coming three years to develop self-driving technology, the trade minister here said Wednesday. In a Seoul forum, the two sides agreed on the project to jointly study traffic jam assistant (TJA) technology, which helps [...]
SEONGNAM, South Korea, Oct. 20 (Korea Bizwire) – Five government and commercial institutions – Gyeonggi Provincial Government, Ministry of Land, Infrastructure and Transport, Korea Land and Geospatial InformatiX Corporation (LX), KT, and BMW – announced on Wednesday an agreement to establish a self-driving test site in Seongnam, a suburb of Seoul. The site will be [...]
SEOUL, Sept. 30 (Korea Bizwire) – The Korean government has taken another step towards a future of autonomous driving, announcing that it has designated a frequency bandwidth that will be specific to self-driving cars. According to the Ministry of Science, ICT & Future Planning, a bandwidth of 70Mhz from 5.855 to 5.925 GHz will be [...]
SEOUL, Sept. 29 (Korea Bizwire) – South Korea plans to expand sections of roads available for the test-run of self-driving cars in the country as part of efforts to further support the development of domestic autonomous vehicles, the transportation ministry said Thursday. Earlier, the Ministry of Land, Infrastructure and Transport has designated sections of existing [...]
SEOUL, Sept. 26 (Korea Bizwire) – Amid rapid automotive innovation that has promoted enhanced driving safety, car insurance may gradually become nonessential. According to a KIDI report released Monday, if 50 percent of domestic vehicles are equipped with level 1 function-specific automation (NHTSA), including autonomous emergency and autonomous reverse braking technologies, annual insurance payouts will [...]
SEOUL, Sept. 9 (Korea Bizwire) – Kia’s latest autonomous EV made a surprise appearance at a KBO baseball match between the Kia Tigers and NC Dinos on Thursday. The Kia Soul EV drove into stadium from the left gate by the outfield with Korean actress and singer Lee Hae-in, who threw the ceremonial first pitch, [...]
SEOUL, Jan.10 (Korea Bizwire) – Kia Motors presented its Soul EV autonomous vehicle at CES 2016 (Consumer Electronics Show), the largest electronics exhibition in the world, which is currently being held in Las Vegas. Mercedes-Benz, Audi, Volkswagen, Ford and Toyota also presented partially autonomous vehicles or smart concept cars. However, the real competition is said [...]