Uber and Hyundai Partnered to Develop Electric Air Taxi

Uber Technologies and Hyundai Motor companies are collaborated to develop the electric air taxis (electric aircraft), joining the global race to make small self-flying cars to ease urban congestion.

As part of its project, Uber promised to launch a demo of urban flights in 2020 and starts commercial operations in 2023, which also counts Boeing subsidiary Aurora Flight Sciences as one of its partner firms. Hyundai Motors is the first carmaker to team up with the Uber on the project.

“Hyundai Motors will produce aircraft, and Uber will provide airspace support, ground transportation connections, and customer interfaces via an aerial rideshare network,” two companies said in a statement.

“The overall cost to produce and operate UAM (urban air mobility) vehicles should be low enough for everyone to enjoy the freedom to fly,” Said by Shin Jin-won, Executive Vice President and Head of UAM Division at Hyundai Motors, at CES 2020.

Air taxis come in several shapes and sizes- jet engines replaced by electric motors and aircraft have revolving wings and, in some cases, robots instead of propellers.

Hyundai Motors pledged to invest KRW 1.8 trillion (GBP 1.1. billion) in UAM (Urban Air Mobility) by 2025. Euisun Chung, Executive Vice Chairman of Hyundai said, the company will continue to collaborate with industry leaders on future projects.

The urban flight market will exceed the current number of commercial airplanes flying around the world, about 25,000, Shin Jin-won added.

The company collaborated with Porsche, Volkswagen’s sports car company, to develop an electric flying vehicle design that could transport people in urban areas, the US planemaker, Boering said.

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