Air-taxis may be in operation in U.S. as early as 2025: CEO of Hyundai North America
Updated: 2021-06-15 16:57:33 KST
South Korean auto giant Hyundai Motor has said it could have an air taxi service in operation as early as 2025.
The CEO of Hyundai North America, Jose Munoz made the comments in an interview broadcast at the Reuters Events Car of the Future conference.
He had previously said urban air taxis would be flying at major U.S. airports by 2028.
But he said on Monday U.S. local time that Hyundai's plans for air-mobility vehicles are ahead of schedule
The CEO said he sees this market as a significant growth opportunity adding that he is (quote) "very confident" of the technology's development.
He also said Hyundai expects its flying cars to serve not only residential customers, but also to transport cargo and that the company will also offer services around those vehicles, rather than simply selling them.
Hyundai is currently developing air taxis powered by electric batteries that can carry five or six people from highly congested urban centers to airports.
In 2019, the automaker had pledged to invest about 1.5 billion U.S. dollars into urban air mobility by 2025.
As more companies focus on developing urban air mobility vehicles another South Korean company Hanwha Systems also said it is currently working on air taxis that will be flying around Seoul.
"We plan to finish developing it by 2024, and test the service in 2025. We expect the service to go public starting 2030."
The company added the vehicle, which will be able to carry up to 5 people, will not only become a new form of public transport but it can also be used for military purposes and cargo delivery.
Bae Eun-ji, Arirang News.