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Electric Vehicle Market on the Rise in South Korea

Electric Vehicle Market on the Rise in South Korea

SEOUL, Jun. 15 (Korea Bizwire) — Sales of electric cars in South Korea have grown sevenfold in the past year, as growing public interest is seeing more consumers trade in their gas-guzzlers to instead opt for more eco-friendly and energy-saving alternatives. According to data from the Ministry of Land, Infrastructure and Transport and the Korea Automobile [...]

Lane ane Departure Warning SystemDeparture Warning System To Be CompulsoryMandatory on New Cars, Ministry of Transport Says

Lane ane Departure Warning SystemDeparture Warning System To Be CompulsoryMandatory on New Cars, Ministry of Transport Says

SEOUL, April 25 (Korea Bizwire) – The South Korean government is making it mandatory for large vehicles to be equipped with a lane departure warning system (LDWS) as part of a nationwide effort to improve road safety, a regulation that will take effect in July. The Ministry of Land, Infrastructure, and Transport (MOLIT) announced plans [...]

Mercedez-Benz Korea to Face Suit for Neglecting Legal Procedures

Mercedez-Benz Korea to Face Suit for Neglecting Legal Procedures

SEJONG, March 11 (Korea Bizwire) – Mercedez-Benz Korea could face legal repercussions for selling vehicles fitted with a transmission different from the originally registered type without any notification. Officials at the Ministry of Land, Infrastructure and Transport, said they are planning to file a suit against the company with the Ministry of Environment and the Ministry [...]

Uber Finally Begins its Taxi Service in Seoul, Still Causing Controversies

Uber Finally Begins its Taxi Service in Seoul, Still Causing Controversies

SEOUL, Oct. 24 (Korea Bizwire) – Uber eventually starts to run a taxi service called UberTaxi from October 23 in Seoul. Uber has been right in the center of controversies in many countries for its allegedly unlawful activities. Taxi drivers who registered themselves on Uber can carry passengers for a fee. The drivers and the passengers [...]

International Air Cargo Forum to Be Held in Seoul from October 7 through 9

International Air Cargo Forum to Be Held in Seoul from October 7 through 9

SEOUL, Oct. 8 (Korea Bizwire) — Companies, public organizations and individuals in the air cargo industry will gather together in Seoul to have a forum and exhibitions on international aviation logistics. The Ministry of Land, Infrastructure and Transport announced that the 27th International Air Cargo Forum & Exposition hosted by Incheon International Airport Corp. and [...]