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Title : 'K-City' completed, commercializing self-driving cars
Category : Blog
K-City, an experimental city for self-driving cars, has been completed. K-City is the world's best test site for self-driving cars that has been established for the first time in the world and reproduced five actual environments such as highways, cities, and parking lots. It is expected that South Korea will contribute to leading self-driving technology since it can be used by private industry, academia, and related startups. The Ministry of Land, Infrastructure and Transport held the opening ceremony of 'K-City' at the Korea Transportation Safety Authority's Automobile Safety Research Institute in Hwaseong, Gyeonggi Province on the 10th. Around 400 people attended the ceremony, including Prime Minister Lee Nak-yeon, Vice Minister of Land, Infrastructure and Transport Park Soon-ja, and officials from corporate management organizations that are developing self-driving cars. After the completion ceremony, 12 self-driving cars manufactured by nine companies such as Korea Electronics and Telecommunications Research Institute, SK Telecom, KT, and Hyundai Motor Company drove 'K-City' and introduced various self-driving technologies. Self-driving cars are expected to change our lives and create new industries and markets with technologies that represent the fourth industrial revolution. Navigant Research, a U.S. technology research company, predicted that global market size for self-driving cars will reach 210 trillion won by 2020 and 1,300 trillion won by 2035. As a result, the world's leading companies are fiercely competing to develop technologies to gain a foothold in the self-driving car market. In order to develop technologies for fast self-driving cars, a test site that can be repeated and re-examined in an environment that is similar to actual situations is absolutely necessary. The Ministry of Land, Infrastructure and Transport invested 1.25 billion won to build a virtual city called "K-City," which is designed to test self-driving cars, within the driving test site of the Korea Transportation Safety Authority's Korea Automobile Safety Research Institute. To test most situations that can occur when driving on self-driving cars, it has re-enacted five real environments: highways, urban, suburban, parking lots, and community. By establishing world's first commercial 5G network, it is also possible to develop technologies for self-cooperative driving and infotainment that utilize ultra-fast broadband communication. The Ministry of Land, Infrastructure and Transport and the Korea Transportation Safety Authority completed the construction of the "K-City" in one year and four months after the construction in August last year, and established the highway environment first in November last year in order to support technological development as soon as soon as possible. From today, businesses, universities, research institutes and others will be able 토토추천to use all the environment of 'K-City' on a regular basis, especially on weekends for free. In March of this year, the Ministry of Land, Infrastructure and Transport launched the "Autonomous Cooperation Driving Industry Development Council," a public-private consultative body for the creation of new businesses and convergence among companies in various fields related to self-driving cars, and 188 member companies are currently active. Prior to the opening ceremony of 'K-City', the association announced its vision of 'Autonomous driving industry, innovative growth engine that leads to job creation' and predicted that global self-driving car markets that will grow rapidly will be opportunities for jobs and new markets for South Korea as well. Since its inception, the association has been pushing for business meetings and technology exchanges among large and medium-sized companies in order to create new business opportunities and grow joint growth. To commercialize equipment such as C-ITS's telecommunication terminal and base station as soon as possible, it also held international joint performance tests two times and prepared relevant standards. Through these consultation activities, members of small and medium-sized companies showed positive results such as creating jobs and increasing investment this year. Midsized small and medium-sized businesses within the association hired 300 new employees, up 51 percent from the original plan, and invested 80.1 billion won this year, up 147 percent. In particular, there are growing moves to advance into foreign markets such as supplying telecommunication testing equipment to U.S. measurement companies ($700,000), and PLK Tech exporting Advanced Driver Assistance (ADAS) to U.S. measurement companies. "We will build a new traffic system to reduce traffic congestion by building self-driving cars. We will create an industrial complex that supports the fourth industrial revolution in areas near K-City by 2021, in order to foster related industries and create jobs," said Vice Minister Kim Jeong-ryul of the Ministry of Land, Infrastructure and Transport, citing the future vision of the era of self-driving cars. "We will support development of self-cooperative industries, create jobs, and find new businesses next year by working together with public and private governments."
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