Industry Information

Title Korean Technology Roadmap to Develop Future Cars
Manager Ralphy Song Department in charge Exhibition Managment Team
Contact 02-3459-0028 Date 2018-02-26 14:12:28.457

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Korean Technology Roadmap to Develop Future Cars




The Ministry of Trade, Industry and Energy (MOTIE) has unveiled a roadmap for the development of the future car industry, embracing electric cars and self-driving cars, etc.

Aiming at generating a new growth engine for the Korean economy, the Korean government and private sector will cooperate on developing core technologies for autonomous vehicles and constructing smart traffic systems to introduce the infrastructure necessary for completely self-driving cars by 2022.

For electric cars, the Korean government plans to make a significant improvement in fuel mileage and battery charging. Its goal is to develop electric cars that can travel more than 500 kilometers on one charge, covering the distance from Seoul to Busan, and super chargers that can charge twice as fast as the current chargers.

The Korean government also seeks to install 1,500 rapid battery charging stations every year at popular locations like supermarkets so that the number can reach 10,000 by 2022, which is close to the total number of gas stations in the country.

In addition, testing of electric vehicle-related services will be launched this year. These services include recycling of dead electric vehicle batteries and a Vehicle-to-Grid (V2G) system that can supply stored electricity in electric cars to the electric grid.

For self-driving cars, the Korean government strives to secure autonomous car technologies by developing its own key self-driving auto parts, standardizing relevant technologies, and training experts and professionals.

The Korean government also aims to finish building K-City, a world-class test bed for autonomous driving, in Hwaseong this year and open this cutting-edge platform to locals and forefingers.