Sorry Malaysia, looks like Korea will beat us to the race for flying cars with Hyundai

Shaun · Jun 10, 2021 04:25 PM

Sorry Malaysia, looks like Korea will beat us to the race for flying cars with Hyundai 01

Hyundai Motor Company has just signed a Memorandum of Understanding (MoU) with the Seoul Metropolitan Government for the successful realization of Urban Air Mobility (UAM) and cooperation in establishing an ecosystem.

The concept of UAM is to make airspace available for urban transportation. Yep, just like what you’ve probably seen in Sci-Fi movies.

Sorry Malaysia, looks like Korea will beat us to the race for flying cars with Hyundai 02

The signing ceremony was held at the 2021 Seoul Smart Mobility Expo venue in Seoul, with the presence of key officials including Shin Jae-won, president of Hyundai Motor's UAM division, and Oh Se-hoon, mayor of Seoul.

Sorry Malaysia, looks like Korea will beat us to the race for flying cars with Hyundai 03

The press release states that through this MoU, Hyundai Motor Company and Seoul City will strengthen activities to build the UAM ecosystem and increase social acceptability, revitalize the UAM industry, perform research tasks to establish the UAM landing site (Vertiport) vision, and cooperate with each other on the K-UAM Grand Challenge demonstration project.

Sorry Malaysia, looks like Korea will beat us to the race for flying cars with Hyundai 04

In addition, Hyundai Motor plans to cooperate with major overseas cities in which Hyundai Motor Group signed partnerships for mobility business cooperation, such as Los Angeles in the U.S. and Coventry in the U.K., so that Seoul can establish itself as a city leading the UAM industry.

Previously, Hyundai Motors signed a partnership with Incheon International Airport Corporation, Hyundai E&C, and KT for UAM business cooperation to build a Korean-style UAM ecosystem. Hyundai is also working with the Institute of Aviation Safety Technology to develop UAM aircraft and certification technology.

Sorry Malaysia, looks like Korea will beat us to the race for flying cars with Hyundai 05

Shin Jae-won, president of Hyundai Motor's UAM business division, said, "This business agreement with Seoul is meaningful in that it has established a cooperative system between private companies and local governments for the first time in Korea for the development of the UAM industry. We will do our best to help Korea lead the global UAM market.”

Also read:
Flying car project still on but grounded for now

The first flying car in the world is now road legal in Europe, but its still grounded

Did you know that Geely has a flying car that works?

Comments

Up to 20% higher than average trade-in price

2020 Honda City RS 1.5 Hybrid

Upgrade

Add your car

Service powered by carsome

Latest Cars