Hyundai to Develop Air Taxi Service
Chung Euisun, executive vice chairman at Hyundai Motor Group, revealed that the automaker planned to develop an air taxi service. According to the Pulse, Chung said: “Our plan is to introduce UAM vehicles in 2023 and to provide its commercial service in 2029 after ironing out regulation issues.” He made his comments on Nov. 8 at the Mobility Innovators Forum 2019, hosted by Hyundai in San Francisco, California. Hyundai had announced in September that it had established a UAM Division and appointed Dr. Jaiwon Shin, formerly the NASA Associate Administrator for Aeronautics, as its Executive Vice President and Head.
On Dec. 3, Hyundai unveiled its “Strategy 2025” Roadmap; the company is planning a $51B investment in research and development and exploration of future technologies as part of this strategy, which includes UAM.