KGMC Signs MOU with AutoKnowmerce ATZ to Pursue 'Level 4 Autonomous Driving'

*This content was translated by AI.

KG Mobility (hereinafter KGM) has signed a memorandum of understanding (MOU) with its subsidiary KG Commercial (hereinafter KGMC) and global autonomous driving company AutoKnowmerce ATZ (hereinafter ATZ) to strengthen competitiveness in Level 4 autonomous driving technology. The signing ceremony, held on the 17th at ATZ's headquarters in Anyang, Gyeonggi Province, was attended by KGM Hwang Gi-yeong (CEO) director, KGMC Kim Jong-hyeon (CEO) director, ATZ Han Ji-hyeong (CEO) director, and other relevant officials. The three companies agreed to collaborate across the entire autonomous driving ecosystem, including advancing autonomous driving technology, implementing Level 4 autonomous driving based on electric buses, establishing a stable supply system for autonomous driving components, certifying autonomous driving vehicle performance, and pursuing follow-up projects.

KGM and ATZ previously signed a first MOU in 2023 and jointly developed the Level 4 autonomous vehicle 'Roii'. The vehicle is currently providing a circular shuttle service in the Cheonggyecheon area of Seoul, while KGMC's autonomous driving bus is also operating on certain sections of Seoul, demonstrating its technological capabilities. This second MOU aims to further strengthen cooperation between the two parties by expanding the scope of autonomous driving technology from conventional passenger vehicles to autonomous buses, enabling flexible responses to diverse mobility demands.

KGM has set vehicle safety assurance as its top priority in the process of internalizing autonomous driving technology. Accordingly, it plans to apply redundant safety designs to core vehicle control elements such as propulsion, steering, braking, and power supply systems. Hwang Ki-young, CEO of KGM, emphasized that building safety systems is as important as advancing autonomous driving technology, expressing his determination to grow into a mobility company that customers can trust.

Meanwhile, KGM continues to collaborate with domestic and international professional institutional investors and companies to commercialize autonomous driving technology. In March, it signed a letter of intent (LOI) with the Korea Electronics and Telecommunications Institute and Sodiwa to develop next-generation autonomous driving AI technology. Earlier this month, KGM also partnered with SWM to expand zone-based autonomous driving taxi services, further enhancing the maturity of autonomous driving technology.

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*This content was translated by AI.