Socar and Apex Mobility Launch Autonomous Driving Data Business

Car-sharing company Socar and autonomous driving technology firm Apex Mobility are joining forces to accelerate the development of self-driving vehicles through a new data business initiative. The collaboration aims to leverage their combined expertise and data resources to create a valuable asset for the burgeoning autonomous driving sector.

The core of their venture lies in processing and refining vast amounts of real-world driving data, including accident-related information, accumulated over the past 15 years. This data will be transformed into a format that is readily usable for machine learning and AI development, making it accessible to domestic and international autonomous driving companies, automotive manufacturers, and research institutions.

By providing this high-quality, processed data, Socar and Apex Mobility intend to significantly reduce the development time and costs associated with training autonomous driving systems. This move is expected to foster innovation and speed up the deployment of safer and more efficient self-driving technologies.

The partnership will officially unveil its autonomous driving data business at the '2026 Autonomous Mobility Industry Expo (AME 2026),' scheduled to take place from October 25th to 27th at COEX in Seoul. The expo provides a platform for industry leaders to showcase advancements and discuss the future of mobility.