Mar 09, 2021 06:50 PM (GMT+8) · EqualOcean
Yonhap quoted industry sources as saying that Hyundai Motor Group will set up a subsidiary in Washington as early as the first half of the year to be responsible for urban air travel (UAM) projects. Hyundai Motor Group said that it will promote the development of urban air travel projects with South Korea and the United States as the center. It plans to launch hybrid air cargo UAV system (UAS) by 2026 and all electric UAM model optimized for urban operation by 2028.