SEOUL, Sept. 18 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Friday it plans to roll out its 5G-powered autonomous robot next year. The robot — which is being developed in partnership with autonomous mobility firm Unmanned Solution — has recently demonstrated its abilities at local refiner Hyundai Oilbank Co.’s [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korean insurance companies will start selling autonomous car-related insurance products from late this month, the financial watchdog said Thursday. The Financial Supervisory Service announced that the nation’s 12 non-life insurance companies will start selling new insurance products that can cover the risk related to accidents involving commercial self-driving [...]
SEOUL, Sept. 3 (Korea Bizwire) — The government plans to set up an exclusive committee with a specific mission of investigating self-driving car-related accidents. The committee will be responsible for clarifying who is responsible when self-driving car accidents occur. The investigation committee, slated to be inaugurated on Oct. 8, would be able to exercise the [...]
SEOUL, Aug. 12 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it has given the name Motional to its US$4 billion joint venture with Ireland-based self-driving technology startup Aptiv. In March, Hyundai set up the 50:50 joint company with Aptiv, to be headquartered in Boston, in order to test [...]
SEOUL, May 12 (Korea Bizwire) — The Seoul metropolitan government said Tuesday it plans to operate 10 unmanned vehicles and robots in the city’s western region, as the capital of one of the world’s most wired nations beefs up its smart mobility infrastructure. The city said it will begin operating three minibuses, four sedans and [...]
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, 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 [...]
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. [...]
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 [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor Group said Monday it will set up a US$4 billion joint venture (JV) with Ireland-based autonomous vehicle startup Aptiv next year to develop a self-driving platform. Faced with the spread of protectionism and tougher competition with rivals, the South Korean carmaker has been aggressive in investing in [...]