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Gov’t to Improve Regulations for Commercial Adoption of Self-driving Cars

Gov’t to Improve Regulations for Commercial Adoption of Self-driving Cars

SEOUL, Dec. 23 (Korea Bizwire) — The government unveiled a revised road map on improving regulations for self-driving cars Thursday to hasten their commercial adoption starting next year. The road map, confirmed at an interagency government meeting earlier in the day, came as South Korea is expected to see a fast adoption of autonomous driving [...]

Commercial Autonomous Vehicle Service Begins in Seoul

Commercial Autonomous Vehicle Service Begins in Seoul

SEOUL, Nov. 29 (Korea Bizwire) — Self-driving cars will begin operations as a means of public transportation for the first time in Seoul this week, the city government said Monday, signaling a new era for commercial autonomous vehicle services. The Seoul metropolitan government said three self-driving passenger cars will start operating for ordinary citizens Tuesday [...]

Gov’t Relaxes Regulations for Self-driving Vehicle Road Tests

Gov’t Relaxes Regulations for Self-driving Vehicle Road Tests

SEJONG, Nov. 20 (Korea Bizwire) — The government plans to allow the test run of shuttle vehicles without a driver’s seat and unmanned self-driving cars on ordinary roads once a temporary operating license is issued. The Ministry of Land, Infrastructure and Transport announced on Thursday that it will revise the regulations on temporary driving approval [...]

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 [...]

Seoul to Finance Project for Autonomous Car AI Chips

Seoul to Finance Project for Autonomous Car AI Chips

SEOUL, May 8 (Korea Bizwire) — South Korea’s science ministry said Wednesday that it will spend 14.3 billion won (US$12.2 million) in the next three years to help develop artificial intelligence (AI) chips that can be used in self-driving cars. Asia’s fourth-largest economy views autonomous vehicles as one of the industrial sectors for further growth [...]

Samsung No. 1 in Number of Patents Filed for Self-driving Cars

Samsung No. 1 in Number of Patents Filed for Self-driving Cars

SEOUL, Dec. 31 (Korea Bizwire) – Samsung Electronics Co. filed the largest number of patents related to self-driving cars in Europe, data showed Monday, far above traditional automobile manufacturers. According to the data compiled by the European Patent Office (EPO), the number of applications related to self-driving cars filed in Europe came to 3,998 in [...]

Gov’t to Revise Laws, Regulations to Embrace Self-driving Cars

Gov’t to Revise Laws, Regulations to Embrace Self-driving Cars

SEOUL, Nov. 8 (Korea Bizwire) – The government will revise laws and regulations in a way that facilitates the use of self-driving cars, such as changing the definition of drivers, officials said Thursday. The move is part of efforts to preemptively remove regulations that could impede the development and commercialization of self-driving cars, considered one [...]

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

SOMERVILLE, Mass., Oct. 9 (Korea Bizwire) — Perceptive Automata, the leading provider of human behavior prediction software for machines, announced today that it has raised $16 million in Series A funding. The oversubscribed round was led by JAZZ Venture Partners with participation from Toyota AI Ventures, Hyundai Motor Company, and existing investors First Round Capital [...]