South Korea is looking to strengthen its position in the global autonomous vehicles market with an investment of 1.1 trillion South Korean won, which equates to about $1 billion.
The investment calls for the development of “level 4” autonomous cars, according to the Ministry of Science and ICT, according to a report on the Korean Times website.
Level 4 autonomy – as defined by the SAE – means that a car is capable of driving itself but is designed to be ultimately controlled by a human driver. [Read more…] about South Korea looks to strengthen position in global autonomous vehicles market with billion-dollar investment
