Hyundai Motor to Participate in World's First Flying Car Airport Construction

[Asia Economy Reporter Changhwan Lee] Hyundai Motor Company is reportedly participating in the construction of the world's first flying car airport.

According to industry sources on the 31st, Hyundai Motor Group is participating as the main partner of the UK-based mobility company 'Urban Airport' in the construction of 'Air One,' a flying car-exclusive airport in the Coventry area of the UK, scheduled to be completed by the end of this year.

In August last year, Hyundai Motor Group signed a business agreement with 'Urban Airport' to develop flying car prototypes and urban air mobility (UAM) infrastructure. 'Air One' aims for completion in November and will be built in the Coventry area of the UK at 60% the size of a typical helicopter pad.

It will be constructed with a modular structure and will include facilities allowing passengers to transfer to other public transportation modes. Cargo handling, vehicle charging, and maintenance facilities will also be provided.

Once completed, Air One will be the world's first airport exclusively for flying cars. The project is reported to involve a total cost of 300 million pounds (approximately 460 billion KRW). Hyundai Motor's contribution amount has not been disclosed.

Pamela Cone, Executive Director at Hyundai Motor participating in the project, stated, "As the electric vertical takeoff and landing (eVTOL) aircraft program is being developed, infrastructure development to support it is essential," adding, "We are pleased to participate in the construction of Air One as a partner."

This content was produced with the assistance of AI translation services.