Chung Eui-sun, senior vice chairman of Hyundai Motor Group, disclosed a plan to commercialize “urban aircraft” in 2028.
"I think it will be around 2028," Chung said when asked about when to commercialize urban air mobility (UAM) shortly after the CES 2020 media event held at the Mandalay Bay Convention Center in Las Vegas, the United States on Jan. 6 (local time). “As the first mass production site for UAM, we will consider not only overseas but also domestic sites."
Urban aircraft, also known as personal air vehicles (PAVs) or electric powered vertical takeoff and landing (eVTOL) aircraft, is the first step towards realizing the vision of human-centered future urban mobility that Hyundai Motor Group announced on the day.
Hyundai Motor’s vision for next-generation mobility is based on the provision of the freedom of smooth movement through a connection of UAM, purpose-based vehicles (PBVs) and a mobility hub. Human-oriented and dynamic futuristic cities will be completed through a hub connecting urban aircraft that use the sky as a new transportation path and PBVs that provide personalized passenger services on the ground, Chung explained. Urban aircraft is a next-generation vehicle for turning UAM into a reality. Hyundai Motor's smart mobility solution business is expected to start with mass production of UAM machines.
"We can't talk about our weaknesses and strengths now compared to our competitors because our transition to a mobility solution company is in its early stage," said Chung. "We have to wait and see for four or five years because each company has its own strategy."
Hyundai Motor also took the wraps off the S-A1, an urban aircraft concept developed in collaboration with Uber. Chung also expressed his intention to continue to talk with the Korean government with respect to laws and regulations to provide UAM services in the domestic market.