Global Business Innovation Programme South Korea
Focus on Connected and Autonomous Vehicles
The UK invites South Korean companies and organisations developing self-driving vehicle solutions to participate in targeted 1:1 meetings to share knowledge, initiate new business and find collaboration partners.
Innovate UK under the Global Business Innovation Programme has selected to fund 11 high growth, ambitious UK companies developing connected and autonomous vehicle technologies to visit South Korea from 27 March – 1 April 2023.
The B2B meeting will take place on the following date:
Friday 30th March, Seoul Mobility Show (KINTEX) 13.30-16.30 in partnership with EDResearch and supported by KATECH
The aim of the visit is to bring together UK and South Korean companies and organisations to explore opportunities for innovation collaboration and technology exchange.
Focus Themes
- Perception & Localisation
- Safety or Mission Critical Vehicle Systems including Cyber Security
- Advanced Software Solutions
- Verification & Validation (V&V) of CAM
- Technologies for Human Machine Interface (HMI) systems either interior or exterior to the vehicle and Autonomous Vehicle Infrastructure
- Data collection, processing and analytics related to CAV and/or using AV
Why Participate?
Extend your knowledge - Meet partners to discuss developments in key technologies and the latest innovations.
Create Opportunities
Share knowledge, ideas and find partners for research and development projects.
Connect and build your international network
Register your profile, raise awareness and pre select meetings to initiate new business and find partners for collaboration and cross border co-operation.
NB Innovate UK, the UKs' government innovation agency, The Korea Institute for Advancement of Technology and the Korean Energy Technology Evaluation and Planning have launched a bilateral collaborative R&D competition which seeks to fund business led industrial research projects. See here for more information. This B2B event offers exceptional opportunity to find project partners.
Only UK companies who have been selected to participate in the Global Business Innovation Programme are eligible to register. The sessions are open to South Korean companies and organisations with an interest in self-driving vehicle development.
Why the UK?
The UK is one of the world’s leading centres for automotive engineering, technology and innovation and has a strong position in the development and testing of CAVs. Autonomous driving trials are taking place in our cities. The UK has six CAM Testbed coordinated by Zenzec, which was created by government and industry to champion the UK Connected and Automated Mobility (CAM) ecosystem.
The UK has a light touch approach to regulation, and a supportive government that is also investing billions to boost innovation in the sector.
Why South Korea?
Home to global car giant Hyundai South Korea is the fifth largest automobile manufacturer in the world producing 3.46 million cars in 2022.
In September this year the Korean government launched the country’s Mobility Innovation Roadmap and set out its plan to establish itself as a global leader in the mobility and innovative services sector. To facilitate the early operation of the high-tech future mobility network the country aims to overhaul the public transportation system by 2024, introduce self-driving taxis and buses by 2025, make level 4 passenger cars available by 2027 and ensure half of all cars made locally will be autonomous by 2035.
The country benefits from a world class state of the art ICT infrastructure and boasts leading electronics, telecommunications and tech platform companies such as Samsung, SK Telecom and Naver Corp.
With a reputation for high R&D investment and international collaboration South Korea offers significant opportunities for ambitious UK companies developing connected and autonomous vehicle technologies.
Who we are
Innovate UK’s bespoke business growth support is delivered by Innovate UK EDGE. Innovate UK EDGE supports the UK’s most ambitious, innovative businesses
