Hyundai Motor intends to establish an air mobility subsidiary in US in 2021

Hyundai Motor Group will set foot in the field of air travel, as early as the first half of this year to establish an Urban Air Mobility subsidiary in Washington, USA.

Hyundai Motors has completed related investments, and its subsidiaries Kia and Hyundai Mobis also plan to participate in the investment. It is supposed to release a hybrid air cargo unmanned aerial vehicle system (UAS) in 2026 and launch an optimized urban operation in 2028. Fully electric UAM model.

Many companies have entered the field of air travel. In January last year, Chinese drone maker Ehang demonstrated its unmanned electric aircraft Ehang 216 in the USA at a speed of 128 kilometers per hour.

And plans to release a version with a battery life of 400 kilometers. The American start-up Joby Aviation has an airplane that can reach 320 kilometers, but the battery life is only 240 kilometers. The company is planning to merge with SPAC and go public.

Lilium, a German electric flying taxi startup led by Tencent, also plans to go public through SPAC and plans to commercialize air taxis by 2025.

(Via)