Uber will acquire German delivery platform Delivery Hero (DH) for about $14.8 billion, or about 21.9 trillion won. As Woowa Brothers, operator of Baedal Minjok, also comes under Uber, changes are expected in South Korea's delivery market.

Uber to acquire Delivery Hero for 22 trillion won; Baemin also included

Kakao Mobility and the Korea Expressway Corp will begin a service linking real-time highway accident information with private navigation apps. The Korea Expressway Corp said it will provide the "National Traffic Safety Connection Service" jointly with Kakao Navi from the 24th. The measure comes ahead of the special traffic management period for the summer holiday season, from July 25 to Aug. 10.

The company also said it has obtained ISO 45001 certification, the international standard for occupational health and safety management systems, from the British Standards Institution (BSI). ISO 45001 is a standard for industrial safety and health management systems established by the International Organization for Standardization (ISO). It is granted to companies with an occupational health and safety management system that systematically manages workplace risk factors and prevents industrial accidents.

Kakao Mobility said the certification recognises that it has systematised occupational health and safety management procedures across various areas, from platform service operations to offline sites.

Kakao Mobility obtains ISO 45001 international safety and health certification Kakao Mobility links real-time highway accident information with Korea Expressway Corp

Tesla unveiled a balance bike for children aged 2 to 5 as its first bicycle product. Contrary to expectations that it would be an electric bicycle for adults, it first introduced an entry-level children's bike, while safety concerns have also been raised over its distinctive frame design.

Tesla's first electric bicycle is a children's model; $225

Tesla is seeking to lower the purchase burden with financing benefits and resale value guarantees instead of vehicle price cuts. The strategy is seen as aiming to reduce consumers' concerns about declines in used-car value and to boost sales competitiveness by highlighting 0 percent instalment plans and a guaranteed resale price programme.

Tesla guarantees resale price for Model Y and 3; eases concerns over falling used-car prices How can Tesla offer 0 percent instalment plans; does the company bear the interest cost?

Data verifying the real-world durability of electric-vehicle batteries are being disclosed in succession. A large-scale analysis ranked South Korean brands near the top in durability assessments, and a comparison of Tesla Model 3 vehicles showed that CATL batteries maintained strong performance even after driving more than 100,000 km.

After examining 10,000 EV batteries, both No. 1 and No. 2 were South Korean cars Same Tesla Model 3, but so different; CATL battery maintains "overwhelming" performance past 100,000 km

As growth in the electric-vehicle market slows, global automakers are moving to scale back their lineups. Major automakers such as Honda, Tesla and Volkswagen have decided to halt production or discontinue electric vehicles in the U.S. market, in a climate of trimming back models that had once been expanded aggressively.

Honda has decided to discontinue even the Prologue, which ranked sixth in U.S. electric-vehicle sales, while Volkswagen is pushing a plan to cut its overall lineup by half. As Audi and Porsche electric vehicles are also on the list for streamlining, analysis says automakers have entered a phase of "selection and concentration" that prioritises profitability and sales efficiency over expanding scale.

From Honda, Tesla and Volkswagen; a rush to discontinue EVs in the United States Honda to stop EV that sold well in the U.S.; why discontinue the sixth-ranked Prologue? Volkswagen: "We will eliminate half our models"; Audi and Porsche EVs also candidates for discontinuation

Chinese automakers' offensive is intensifying. BYD is confident it can rise to global No. 1 even without the U.S. market, while competition in China has overheated to the point that 650 new vehicle models poured out in half a year. Toyota is also reviewing cooperation among Japanese automakers, adding to the sense of crisis among established leaders.

BYD's ambition: It can overtake Toyota even if it gives up the U.S. market "We will not survive like this"; Toyota raises "Japanese car integration" amid China's EV offensive "Completely crazy"; China rolled out 650 new models in the first half

Volkswagen unveiled a branded electric bicycle that applies car-style safety technology, in partnership with premium bicycle maker n+. It features a rear camera, blind-spot warnings, and braking and turn-indicator lights, aimed at strengthening safety and connectivity for urban riding.

Volkswagen's branded electric bicycle applies a high-resolution rear camera linked to a handlebar display. Riders can check road conditions behind them in real time on the screen while riding.

Not a car? Volkswagen-branded smart electric bicycle unveiled, with a rear camera