SEOUL, Oct. 7 (Korea Bizwire) — Motional, a joint venture set up between Hyundai Motor Co. and U.S. mobility startup Aptiv, said Friday it has signed a 10-year deal to supply Hyundai’s IONIQ 5-based autonomous vehicles to Uber Technologies Inc. Under the deal, Motional will supply the all-electric IONIQ 5 driverless robo taxis to the [...]
SEOUL, June 16 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker, said Wednesday it has partnered with U.S. ride-hailing company Uber Technologies Inc. to supply its electric vehicles in Europe. The strategic partnership is aimed at promoting the adoption of EVs and the expansion of the EV charging infrastructure in major European cities, Kia [...]
SEOUL, April 13 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Tuesday it has partnered with U.S. ride-hailing company Uber Technologies Inc. to supply its electric vehicles in Europe. The strategic partnership is aimed at promoting the adoption of EVs and the expansion of the EV charging infrastructure in major European cities in nations [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korea’s corporate watchdog said Wednesday it has approved a move by SK Telecom Co.’s mobility spinoff to launch a taxi-hailing joint venture with Uber Technologies Inc. T Map Mobility, wholly owned by SK Telecom, the country’s biggest mobile carrier, plans to set up a taxi-hailing joint venture with [...]
SEOUL, Dec. 10 (Korea Bizwire) — Hyundai Motor Co. might have to adjust its plans for future mobility services after Uber Technologies Inc. decided to sell the company’s self-driving and air taxi businesses. The U.S. ride-hailing giant reportedly decided to turn over Uber Elevate, the company’s air taxi business, to Joby Aviation, and invest US$75 [...]
SEOUL, Oct. 16 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Friday it will spin off its mobility platform business into a separate entity as it partners with U.S. ride-hailing company Uber Technologies Inc. in a move to strengthen its focus in the connected mobility sector. The business — tentatively called [...]
SEOUL, Jan. 8 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has partnered with Uber Technologies Inc. to foster an urban air mobility service in its latest move to take a lead in the fledgling business. Hyundai Motor and Uber signed a strategic deal, the first of its kind for the U.S. ride-hailing company, [...]
SEOUL, Jun. 27 (Korea Bizwire) — The number of people in their 20s using shared vehicle services has increased significantly at overseas travel destinations. According to BC Card’s analysis of the service data of shared vehicles by South Korean travelers overseas from May 2016 to April of this year, the aggregate total of payments increased [...]
SEOUL, Apr. 2 (Korea Bizwire) — Uber Technologies Inc. announced on Tuesday that it will be launching a cab-hailing service in Seoul. Uber Taxi, available for all Seoulites, automatically assigns cabs at the nearest location when customers hail a taxi. Information on the driver will be displayed in the app once the taxi is assigned. [...]
SEOUL, Jan. 28 (Korea Bizwire) — Experts argue that South Korea should be better prepared for the incoming gig economy which has begun to take root in the country. Choi Ki-san and Kim Su-han from the Bank of Korea said that the gig economy may spread throughout the country at a faster speed than anticipated [...]