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  • Aug 4, 2020
  • Comments Off on Urban-Air Port Ltd and Hyundai Air Mobility Partner to Develop Urban Air Mobility Infrastructure
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August 4th, 2020
Urban-Air Port Ltd and Hyundai Air Mobility Partner to Develop Urban Air Mobility Infrastructure

LONDON – Urban-Air Port Ltd and Hyundai Air Mobility (a Hyundai Motor Group division) have announced a partnership to explore new, purpose built, multifunctional and scalable infrastructure to enable Urban Air Mobility (UAM) – urban transportation systems to move people and cargo by air. Hyundai plans to invest $1.5B in UAM over the next five years to create an air vehicle and the supporting mobility ecosystem for UAM operations.