SEOUL, June 4 (Korea Bizwire) — South Korea aims to commercialize urban air mobility (UAM) services in the domestic market in 2025 as it strives to tackle worsening traffic congestion in major cities, the transport ministry said Thursday. The government plans to begin offering UAM services initially with one to two routes, or terminals, in [...]
SEOUL, Oct. 17 (Korea Bizwire) — South Korea said Thursday that it will streamline regulations on drones in the latest move to boost the fledgling industry and create more jobs. The road map calls for 35 revisions to existing rules and the modifying of guidelines to stimulate growth in the drone industry while enhancing public [...]
JEJU, Sept. 17 (Korea Bizwire) – Jeju has set a concrete roadmap to be world’s first electric vehicle (EV)-only island by 2030 with the announcement of a long-term comprehensive plan. The island off the southern tip of the Korean peninsula is seeking to become carbon-free by 2030, and to achieve this vision, it will replace all of [...]