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S. Korea to Invest 1.1 tln Won in Developing Techs for Self-driving Cars by 2027

S. Korea to Invest 1.1 tln Won in Developing Techs for Self-driving Cars by 2027

SEOUL, April 28 (Korea Bizwire) — South Korea said Tuesday it will spend some 1.1 trillion won (US$896 million) on developing technologies for “high automation” vehicles that can lead growth in the automobile market. The investment calls for the development of “level four” autonomous cars, according to the Ministry of Science and ICT. There are [...]

Level 3 Autonomous Car to be Sold in S. Korea from July

Level 3 Autonomous Car to be Sold in S. Korea from July

SEOUL, Jan. 5 (Korea Bizwire) — South Korea will allow carmakers to sell a vehicle with basic Level 3 self-driving technology in the domestic market from July, the transport ministry said Sunday, claiming that the country is the first to adopt safety standards for the limited self-driving vehicle. The government has adopted a set of [...]

Gov’t Launches Cooperative Self-driving Week to Foster Technology Development

Gov’t Launches Cooperative Self-driving Week to Foster Technology Development

SEJONG, Nov. 11 (Korea Bizwire) — The South Korean government will arrange events to encourage the development of technologies for cooperative autonomous driving. The Ministry of Land, Infrastructure and Transport will hold a cooperative self-driving week Monday through Friday, where it will conduct an infrastructure inter-compatibility test and demonstrate technology for a platoon driving system. [...]

Hyundai Develops AI-based Self-driving Technology

Hyundai Develops AI-based Self-driving Technology

SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Motor Group said Monday it has developed an artificial intelligence-based autonomous driving technology and will apply it in its models. The South Korean automaker has developed the smart cruise control-machine learning (SCC-ML) technology, in which the vehicle analyzes the driver’s driving patterns and allows partial autonomous driving under [...]

HD-Map Service for Autonomous Cars Coming Later This Year

HD-Map Service for Autonomous Cars Coming Later This Year

SEOUL, Jun. 20 (Korea Bizwire) — A high-definition (HD) map service, containing three-dimensional (3D) spatial information essential for driving autonomous vehicles, is expected to be developed for highways across the country in the second half of the year. The government formed a “5G+ Strategic Committee” that is a government-private partnership and held its first meeting [...]

Gov’t to Ease Regulations on Autonomous, Hydrogen Cars

Gov’t to Ease Regulations on Autonomous, Hydrogen Cars

SEOUL, Jan. 25 (Korea Bizwire) — South Korea will “significantly” ease regulations involving autonomous and hydrogen vehicles as part of its broad emission-control policies, the transport ministry said Friday.  In a meeting with auto industry associations and car manufacturers, officials from the Ministry of Land, Infrastructure and Transport said the government will further ease regulations [...]

LG Electronics Join Forces with HERE Technologies for Self-driving Cars

LG Electronics Join Forces with HERE Technologies for Self-driving Cars

SEOUL, Dec. 27 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has inked an agreement with mapping solution provider HERE Technologies in the latest move to tap deeper into the self-driving automobile solutions. The South Korean company said HERE, which provides navigation solutions to some 100 million automobiles around the globe, is a suitable [...]