Search results for Transport
Finance
Financial investment industry joins energy-saving push with car use rotation and more remote work
South Korea\'s financial investment industry is stepping up energy-saving efforts in response to global energy supply-demand imbalances and rising prices. The Korea Financial Investment Association said securities firms, asset managers and other financial investment companies are participating. Measures include rotating car use, encouraging public transport, expanding remote work and flexible commuting systems. Companies are also cutting building power use by adjusting elevator and HVAC hours and switching off lights outside working hours.
Industry
Tesla Model S heads for phase-out after 14 years
Tesla is moving to effectively wrap up production of its flagship electric sedan, the Model S, ending a 14-year run. The Model S is seen as more than a luxury EV, changing consumer expectations for electric cars and the wider auto market. Launched in 2012 with an 85 kWh battery and an EPA range of up to 265 miles, it highlighted long-distance EV capability despite limited charging infrastructure at the time.
Industry
Mobility platforms target festival, tourism demand to monetise movement data
With the May holiday period approaching, mobility platforms in South Korea are expanding into festivals and tourism to monetise accumulated movement data and user bases. Companies are linking data to local government event operations, shuttle services and foreign tourist group travel. TMAP Mobility is applying an AI festival-movement solution to a horticulture expo, while Kakao T Shuttle is adding event routes. Socar is running discounts in depopulating areas, and Whistle is expanding parking enforcement alerts.
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Finance
Woori, KB and Shinhan asset trusts sign MOU for Anyang urban complex development project
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Mobility
Chain- and gear-free \'pedal-by-wire\' e-bike drivetrain emerges
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AI & Enterprise
Nokia beats market expectations as fibre optic business for AI data centres lifts results
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Mobility
Humble Robotics unveils driverless Level 4 electric Class 8 \'Humble Hauler\'
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Finance
Shinhan Financial Group strengthens energy-saving system for Earth Day
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AI & Enterprise
MegazoneCloud develops multi-agent AI for architectural code review with Heerim
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Mobility
Whistle Pickdeal introduces AI report on used car prices
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AI & Enterprise
National AI strategy committee sets up subcommittees on autonomous driving and humanoids
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Industry
Korea Post says aluminium cans reborn as steel through post office network
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General News
Iran hints at circumventing payments in yuan and bitcoin, signs of cracks in petrodollar system
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AI & Enterprise
Can AI deliver a public service UX revolution in South Korea?
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Mobility
A2Z, KGM and KGMC push joint development of Level 4 autonomous vehicles
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Mobility
Surging fuel prices boost global EV sales but U.S. supply constraints limit growth
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Telecommunications & Media
NRIA says Korea leads international standardisation in next-generation systems communications
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Industry
Middle East war wipes out 500 million barrels of oil in seven weeks; supply chain recovery may take months to years