Hyundai plans to launch a flying car production line

Hyundai, South Korea's largest automaker, is taking further steps toward building a flying car and plans to launch a complete line of aircraft that Predicts to be used in metropolitan skies over the next decade.

BingMag.com Hyundai plans to launch a flying car production line

Hyundai, South Korea's largest automaker, is taking further steps toward building a flying car and plans to launch a complete line of aircraft that Predicts to be used in metropolitan skies over the next decade.

Jaiwon Shin, head of Hyundai's urban aviation unit, announced that the company is developing models to accommodate five or six people in metropolitan skies. And it is a larger version for intercity flights. According to him, these aircraft are expected to enter the market by 2028.

"People who are always stuck in road traffic understand how easy it is to move through the aircraft," he said.>

The Future of the Urban Aerospace Industry

Many designers, automakers, and start-ups these days are shifting the transportation industry with flying cars and drones. Morgan Stanley, an analyst, estimates at its highest that the technology could create $ 2.9 trillion in industry by 2040. Even the most pessimistic forecasts put the figure at $ 615 billion.

Hyundai has developed a concept car for its flying car, which it developed with Uber, earlier this year in Las Vegas Electronics Show (CES 2020). The company plans to fly the aircraft by pilots before they become automated around 2035. The company recently joined the Association of General Aviation Manufacturers.

Need for regulation

In the coming years, industry and regulators will have to answer questions such as what kind A pilot's license is required and how the possibility of accidents can be eliminated or minimized. The need for new rules and infrastructure is so acute that the two aircraft giants, Airbus and Boeing, have issued joint statements calling for air traffic management updates.

According to Shane, some flying cars may They will start operating in early 2023, but will target Hyundai 2028. Because at that time, more infrastructure was provided and public awareness in this field has also increased. "Hyundai is working to attract early customers to reduce the cost and noise level of vehicles, while maintaining safety as the main focus of these aircraft," he said.

BingMag.com Hyundai plans to launch a flying car production line

Hyundai S-A1 Urban Airplane Prototype
Credit: Engadget

In addition to moving people, Hyundai is working on another type of aircraft to transport goods with a capacity of up to 300 kg. The company has not decided where to build or introduce this freight.

Activities in the field of urban aviation

Airbus, Boeing and startups like Lilium are other competitors in this field. Vahana A3 self-propelled aerial taxi, a subsidiary of Airbus technology based in Silicon Valley, completed its first test flight in 2018, and the Boeing prototype completed its first flight in January last year. XPeng, a Chinese electric car maker, also unveiled a prototype last month that can carry two people and reach a height of 25 meters. Turkey has also successfully tested its first unmanned aerial vehicle in recent weeks.

Despite its various competitors, Xin said that Hyundai has a global sales network that can provide a variety of services and Help build air transport ecosystem infrastructure. The group's occupations include automotive, auto parts, manufacturing and logistics (distribution services). "Having these resources helps capture the market," Shin said. "We are different from other developers who look at the market from only one point of view." Typically, Airbus and Boeing each deliver less than 1,000 aircraft a year, while automakers can build millions of vehicles. "We do not want to be the first in the market, we want to be the first with the right product," he stressed, according to Xin. The annual production of city airplanes will be hundreds of thousands of units.

Photo cover: Hyundai S-A1 Electric City Credit:

Credit: Hyundai

Source: Bloomberg

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