ASHKENT, June 14 (Korea Bizwire) – South Korean train manufacturer Hyundai Rotem Co. signed a contract to supply high-speed trains to Uzbekistan on Friday during President Yoon Suk Yeol’s state visit to the Central Asian nation, marking the first export of bullet trains built with homegrown technology. The agreement was signed at a ceremony attended [...]
SEOUL, Nov. 24 (Korea Bizwire) – Taking place on Wednesday was a test run of Korea’s new high-speed train, the SRT (super rapid transit), with passengers on board. With a maximum speed of 330 kilometers per hour, the new trains will use the newly-built railroad from Suseo, southern Seoul, to Pyeongtaek (Gyeonggi Province) and share [...]
ULSAN, July 21 (Korea Bizwire) – Ulsan National Institute of Science and Technology (UNIST) announced on July 21 that it would explore hyperloop technology first suggested by Elon Musk in 2013 to develop a futuristic ‘Dream Train’ that could connect Seoul and Busan in less than 16 minutes. To participate in what has become a global research trend [...]