Hyundai Motor's AAM to Appear in Indonesia's New Capital

Hyundai Motor Group and Indonesia New Capital City Authority Sign MOU
Plan to Apply AAM in New Capital and Conduct Demonstration Project

President Shin Jaewon of Hyundai Motor Group (left) and Bambang Susantono, Head of the New Capital Authority of Indonesia, signed a Memorandum of Understanding (MOU) on the 14th (local time) during the 'B20 Summit Indonesia 2022'. They agreed to mutually cooperate to establish a future Air Mobility (AAM) ecosystem in Indonesia.

[Asia Economy Reporter Choi Dae-yeol] Hyundai Motor Group is embarking on building future aviation mobility (AAM) in Indonesia.

On the 14th (local time), Hyundai Motor Group signed a memorandum of understanding (MOU) with the Indonesian New Capital Authority to cooperate in establishing an AAM ecosystem.

Indonesia plans to move its capital from Jakarta to Nusantara, with the New Capital Authority overseeing this task. Under this agreement, both parties will collaborate to build AAM to be introduced in the new capital. Hyundai Motor Group will devise AAM application plans within the new capital and verify the concept of integrated ground and air mobility. Local demonstration projects, including AAM test flights, will also be conducted.

The signing ceremony was attended by Shin Jae-won, Head of Hyundai Motor Group's AAM Division (President), and Bambang Susantono, Head of the Indonesian New Capital Authority. Susantono said, "Introducing AAM to the new capital aligns with the New Capital Authority's philosophy of creating a new culture of learning, labor, and lifestyle as a 'living laboratory' for Indonesia," adding, "We are very honored to build the new capital as a sustainable smart city in cooperation with Hyundai Motor Group."

Chairman Chung Euisun of Hyundai Motor Group (fourth from the left) is taking a commemorative photo with the management of British aircraft engine company Rolls-Royce at the Supernal booth during the Farnborough Airshow in the UK last July, after signing an aircraft development business agreement. [Image source=Yonhap News]

Indonesia is considered the largest aviation market in Southeast Asia. Comprising more than 18,000 islands, there are limitations to developing land transportation. This is the background for introducing a smart mobility system during the capital relocation process. Hyundai Motor Group plans to review AAM projects in other regions based on achievements here.

President Shin said, "Through the vision of creating a safe and innovative AAM aviation system accessible to everyone, we aim to provide a better life for humanity," adding, "This agreement will be the first step in realizing Hyundai Motor Group's vision and commitment."

Hyundai Motor Group aims to start urban air mobility (UAM) services in the United States by 2028 through its separate corporation Supernal and plans to commercialize regional air mobility (RAM) aircraft after 2030.

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