South Korea Speeds Up Plans for Autonomous, Electric and Flying Cars

South Korea Speeds Up Plans for Autonomous, Electric and Flying Cars
South Korean President Moon Jae-in speaks during a press conference marking his first 100 days in office at the presidential blue house in Seoul, South Korea, on Aug. 17, 2017. Jung Yeon-Je-Pool/Getty Images
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South Korea unveiled plans to speed up the adoption of electric cars, self-driving vehicles and even flying automobiles in the coming years to help revive a sagging economy.

President Moon Jae-in said in a speech Oct. 15 Korean companies will invest 60 trillion won ($50 billion) over the next decade into the future of transportation.