Introducing Mobility Innovation Services Through the Regulatory Sandbox System
[Asia Economy Reporter Yoo In-ho] The Ministry of Land, Infrastructure and Transport announced on the 7th that six mobility platform companies have applied for regulatory sandboxes to launch their services early.
Although the revised Passenger Transport Service Act is scheduled to take effect in one year (April 2021), the Ministry plans to actively support the priority launch of platform businesses through regulatory sandboxes even before the enforcement date.
So far, a total of six companies including CubeCar (Papa, rental car-based transportation business), Coactus, KST Mobility (Makgeolli Taxi), Kakao Mobility (KakaoT Blue), Konatus (Banban Taxi), and Starix have completed their regulatory sandbox applications.
First, CubeCar and Coactus, which provide reservation-only platforms, will introduce transportation services without ride refusals or selective pick-ups. If their applications pass the review, CubeCar and Coactus plan to start services between late May and June after securing vehicles and training drivers.
KST Mobility and Kakao Mobility have applied for demonstration exceptions regarding allowing shift changes outside garages, temporary operation before driver qualification acquisition, and flexible fare systems for reservation-type taxis to promote platform taxis. KST Mobility plans to expand Makgeolli Taxi to 5,000 vehicles by May and about 20,000 by the end of the year. Kakao Mobility also plans to expand KakaoT Blue to about 10,000 vehicles within the year.
Starix has applied for a pre-determined fare system that allows users to know the fare in advance when calling a taxi and reduces fare disputes.
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Eom Myung-so, Director General of Comprehensive Transportation Policy at the Ministry of Land, Infrastructure and Transport, said, “We will actively utilize the regulatory sandbox system to quickly realize mobility innovation following the passage of the amended Passenger Transport Service Act,” and added, “We will support the promotion of regulatory sandboxes in cooperation with the Ministry of Science and ICT, and ensure the smooth revision of subordinate laws through the Mobility Innovation Committee.”
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