HYUNDAI MTR

005380 KRX
005380
HYUNDAI MTR KRX
 
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Sep 202021

Hyundai bets big on flying cars

The auto industry is becoming obsessed with the next big mode of transport: flying cars. Hyundai partners with Urban-Air Port to build a bunch of flying taxi hubs around the world.

Chinese EV maker XPeng (XPEV) has recently debuted their prototype for a flying car that has been in the works for around 8 years, and automaker Hyundai is looking to keep up with the new mobility trends and partners with Urban-Air Port to create a network of flying taxi hubs around the globe. Hyundai is bringing its own electric vertical takeoff and landing (eVTOL) aircraft in 2028, and air transport is on the minds of a bunch of other automakers – and Ricky Sandhu, founder and executive chairman of Urban-Air Port, said:

The sector is soaring and we know that a future with electric flying vehicles and drones in cities is going to be a reality soon. But it can’t happen if we don’t have the infrastructure on the ground and in the air to make it happen. Urban-Air Port will change the way we travel forever – unlocking clean urban air transport for everyone, improving connectivity in congested cities, cutting pollution and boosting productivity.
James Vaughan / Flickr