South Korea invests heavily in the development of self-driving cars
18. March 2021South Korea will invest $999 million in self-driving car technology development projects and related infrastructure over the next few years. This was announced by a government spokesperson in mid-January 2021. The investment period extends to 2027, with numerous ministries and institutions participating in the investment. Among those named were the Ministry of Trade, Industry and Energy; the Ministry of Science and Information Technology; the Ministry of Land, Infrastructure and Transport; and the National Police Agency. Together, these institutions plan to fund various projects as well as promote the commercialization of self-driving vehicles.
Domestic automakers and suppliers are also to receive corresponding support from the government if they participate in the projects. According to the Ministry of Transport, the funds will be used mainly for the development of technology and adaptation to global standards in the field of autonomous driving and the interconnection of road infrastructure with the self-driving vehicles. The government plans to have level 4 self-driving cars ready for the market and introduction in 2027. In level 4, a car can drive autonomously under certain circumstances and only needs the intervention of a driver in exceptional situations. In South Korea, Hyundai Mobis Co, the parts supplier of Hyundai Motor Group, has taken the lead in developing technology for use in self-driving cars.
The group plans to integrate Level 3 autonomous driving technology into its vehicles in 2022. Hyundai Mobis, meanwhile, is collaborating with international automakers to develop technology for level 4 and 5 self-driving vehicles. To explain, a level 3 vehicle can independently change lanes and navigate moving traffic when the technology is fully deployed. At Level 5, a vehicle is capable of driving itself under all conditions and without driver intervention. Vehicle components, which include assistance systems for autonomous driving, must undergo certification for the KC mark or KC certificate in Korea. Our experts are always available to answer any questions without obligation.
If you need assistance or have any questions regarding Korean certifications like KC, KC EMC, KCs or KCs for explosion safety products, feel free to contact us any time.
Tel.: +49-69-2713769259
Email: info@korea-certification.com
Urgent questions?
Please do not hesitate to contact us via chat. You will find the chat window at the bottom right of each page (if this is not visible, please check your browser settings).
For more information you can download our free brochure “Korea Certification Made Easy – The Booklet“.
