SEOUL, May 1 (Korea Bizwire) – As the global electric vehicle (EV) market’s growth decelerates, South Korea’s electric passenger car sales have dipped this year. However, the domestic production and sales of electric buses have been on an upward trajectory, according to data from the Ministry of Land, Infrastructure and Transport and the Korea Automobile Manufacturers [...]
SEOUL, Apr. 2 (Korea Bizwire) — Seoul Metro, the operator of subway lines 1-8, said Tuesday that it will replace all fabric chairs with reinforced plastic chairs by 2029 to keep the subways clean from bedbugs and other pollutants. Fabric currently accounts for 54 percent of all subway seats operated by the city-run corporation, followed [...]
SEOUL, Mar. 29 (Korea Bizwire) – South Korea recorded its lowest number of fatalities from highway traffic accidents last year, a mere 150 deaths that officials attribute largely to increased efforts to prevent drowsy driving through expanded rest areas and improved facilities. According to the Korea Expressway Corporation, the 2023 death toll marked a decrease [...]
SEOUL, Mar. 28 (Korea Bizwire) — Unionized bus drivers in Seoul went on a general strike Thursday to demand a wage hike, halting the operation of nearly 98 percent of buses running across the capital and causing delays for commuters in the morning rush hour. In their last-minute wage negotiations conducted from Wednesday till early [...]
SEOUL, Mar. 27 (Korea Bizwire) – The union of intracity bus drivers in Seoul and their employers are set to hold last-minute negotiations over wage hikes Wednesday ahead of a threatened general strike that could halt the operation of 7,210 intracity buses, or 97.6 percent of the capital’s total, if carried out the following day [...]
SEOUL, Mar. 25 (Korea Bizwire) — The union of city bus drivers in Seoul said Monday its leaders agreed to start a general strike by all members later this week after failing to reach a deal on wage hikes with the Seoul city government. The Seoul Bus Labor Union, which has about 18,000 members at [...]
SEOUL, March 19 (Korea Bizwire) – Kakao Mobility Corp., South Korea’s top taxi-hailing service operator, has been pushing for plans to reappoint its CEO, despite the state financial regulator’s recommendation to replace him amid allegations of accounting fraud, industry sources said Tuesday. In a general shareholders’ meeting slated for next week, Kakao Mobility will carry [...]
JEJU, Mar. 15 (Korea Bizwire) – Kakao Mobility, in collaboration with the startup RideFlux and the Jeju Free International City Development Center (JDC), announced on March 15 the launch of an autonomous driving service named ‘NEMO ride’ around a high-tech complex on Jeju Island. Designed to alleviate transportation challenges in areas known for heavy traffic congestion [...]
SEOUL, Mar. 7 (Korea Bizwire) –South Korean tech giant Naver has announced a strategic partnership with the Saudi Public Transport Company (SAPTCO) to improve Saudi Arabia’s urban transport system through the deployment of an intelligent transportation system. This collaboration, formalized through a Memorandum of Understanding (MOU) on March 7, aims to leverage cutting-edge technologies like [...]
SEOUL, Feb. 1 (Korea Bizwire) — Boats will run in the Han River like buses starting in October on a seven-stop route between the northwestern district of Magok and the southeastern district of Jamsil, the Seoul city government said Thursday. The Hangang River Bus service will reduce the travel time between Jamsil and the financial [...]