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 [...]
SEOUL, Jul. 11 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will test a ‘self-driving robo-taxi’ in Russia it has developed with Russian internet search firm Yandex. Under an initial agreement signed in March, Hyundai and Yandex have developed a driverless riding platform based on Hyundai’s Sonata midsize sedan. They will begin testing 100 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Sept. 21 (Korea Bizwire) — SK Telecom Co. said Thursday it successfully tested its self-driving automobile on the highway, taking a step closer toward the development of a full autonomous vehicle. South Korea’s No. 1 mobile carrier said its self-driving automobile ran 26 kilometers earlier in the day with an average speed of 47 [...]
SEJONG, Feb. 13 Korea Bizwire) – The Ministry of Land, Infrastructure and Transport announced Monday a set of plans for the local automotive industry from 2017 to 2021 to better prepare South Korea for the imminent era of autonomous vehicles. According to the ministry, demand for safer vehicles will only increase given Korea’s rapidly aging [...]
SEJONG, Jan. 10 (Korea Bizwire) – Sejong, South Korea’s de facto administrative capital, will become the world’s first city dedicated to self-driving vehicles. Lee Choong-jae, administrator for the National Agency for Administrative City Construction, announced Tuesday an ambitious plan to make all 360 kilometers of roads in the city self-driving-compatible by the year 2020, in [...]
SEOUL, Nov. 7 (Korea Bizwire) – Big data is expected to help drive the growth of next-generation technological developments, including artificial intelligence and self-driving cars, Naver Corp. officials said Monday. The term “big data” generally refers to the use of analytics by extracting value from data sets for business or research purposes as online databases [...]
SEJONG, Oct. 28 (Korea Bizwire) – Cooperative Intelligent Transport Systems, or C-ITS, are future traffic safety services that are being promoted globally as a means to prevent traffic accidents, and will ultimately serve as an essential resource for self-driving vehicles. The Ministry of Land, Infrastructure and Transport launched a C-ITS pilot project in July 2014 [...]