car sharing Archives | Be Korea-savvy
Kia Motors Launches 2 Programs Targeting Current Kia Owners and Rentals

Kia Motors Launches 2 Programs Targeting Current Kia Owners and Rentals

SEOUL, Oct. 31 (Korea Bizwire) — Kia Motors Corp. will be launching two new “mobility programs,” making it easier for those who currently rent or own Kia vehicles on a long-term basis to have their existing vehicles replaced for newer models. Kia’s “switch” program caters to rentals of the car maker’s new K7 and Sorento [...]

Kakao Mobility Joins Hands with JapanTaxi

Kakao Mobility Joins Hands with JapanTaxi

SEOUL, Sept. 6 (Korea Bizwire) — Kakao Mobility, a South Korean firm that provides ride-hailing and driver-for-hire services, said Thursday that it has invested 1.5 billion yen (US$13.4 million) for a 3.4 percent stake in Japan’s largest taxi-hailing service, JapanTaxi Co., in a move to expand its services beyond the home market. The two firms [...]

Uber Vows to Comply with Local Rules As It Seeks to Move Deeper into Tech-Savvy S. Korea

Uber Vows to Comply with Local Rules As It Seeks to Move Deeper into Tech-Savvy S. Korea

SEOUL, Aug. 29 (Korea Bizwire) — Global ride-hiring application operator Uber Technologies Inc. said Wednesday that it will comply with local regulations as it seeks to expand its presence in the tech-savvy South Korean market. “We will not launch products or services in Korea that do not comply with the regulatory framework,” said Barney Harford, [...]

Transportation Ministry Rules Car Sharing App “ChaCha” Illegal

Transportation Ministry Rules Car Sharing App “ChaCha” Illegal

SEOUL, Aug. 1 (Korea Bizwire) – The South Korean government has found that “ChaCha,” an app-based car sharing service similar to that offered by Uber around the globe, is operating illegally. The Ministry of Land, Infrastructure and Transport (MOLIT) said that after numerous complaints from members of the public regarding the legitimacy of ChaCha’s services, [...]

Gov’t Mulls Stricter ID Verification for Carsharing Services

Gov’t Mulls Stricter ID Verification for Carsharing Services

SEOUL, Jul. 24 (Korea Bizwire) — In order to prevent the misuse of carsharing service vehicles, the government is pushing for a new system that would require users to verify their carsharing ID through a mobile device. The Ministry of Land, Infrastructure and Transport (MOLIT) revealed yesterday that a new verification system that would require [...]

S. Korean IT Firms Setting Eyes on Car-sharing Services

S. Korean IT Firms Setting Eyes on Car-sharing Services

SEOUL, Apr. 9 (Korea Bizwire) — South Korea’s IT firms are tapping deeper into the car-sharing industry, market watchers said Sunday, as demand for such services is expected to grow sharply over the upcoming years. According to the data compiled by Navigant Research, the global market for car-sharing services is expected to grow 21.8 percent [...]

SK Holdings, SoCar Launch Car-sharing Business in Malaysia

SK Holdings, SoCar Launch Car-sharing Business in Malaysia

SEOUL, Jan. 26 (Korea Bizwire) — SK Holdings, the holding firm of South Korean energy and telecom conglomerate SK Group, said Thursday it has launched a car-sharing business in Malaysia by joining hands with South Korea’s No. 1 car-sharing startup SoCar. SoCar Malaysia — a joint venture between SK Holdings and SoCar — kicked off [...]

S. Korean Car Sharing Startup Taps Malaysia

S. Korean Car Sharing Startup Taps Malaysia

SEOUL, Jan. 3 (Korea Bizwire) — South Korean car-sharing startup SoCar said Wednesday it will launch its business in Malaysia this month in its first overseas expansion. SoCar, a leading player in the country’s car-sharing industry, is planning to establish 120 zones with 240 automobiles in the Southeast Asian country, it said. Members who sign [...]

Young People’s Auto Purchase Dips on Budget, Car Sharing: Data

Young People’s Auto Purchase Dips on Budget, Car Sharing: Data

SEOUL, Sept. 14 (Korea Bizwire) — Young people in their 20s and 30s here have been buying fewer cars in recent years as they have difficulty finding jobs and car-sharing services here are more appealing to them, industry data showed Thursday. Those in their 30s bought a total of 144,360 vehicles in the first six [...]