Chungnam Province and Hyundai Motor to Establish 'AAM' Industrial Ecosystem in Seosan Reclaimed Land
Chungnam Province is joining hands with Hyundai Motor Group to create an ‘Advanced Air Mobility (AAM)’ industrial ecosystem in the Seosan Cheonsuman B District. The Seosan Cheonsuman B District is a reclaimed area developed by the late Chung Ju-yung, the founder of Hyundai Group.
On the 5th, Chungnam Province announced that it signed a business agreement with Hyundai Motor Group at the Chungnam Provincial Office to foster new industries based on green energy.
The main content of the agreement is to develop the Cheonsuman B District area into a hydrogen-based future industrial ecosystem and to nurture the AAM industry there.
AAM is a comprehensive concept that includes Urban Air Mobility (UAM) for short-distance travel within cities, Regional Air Mobility (RAM) connecting regional hubs, and Unmanned Aerial Systems (UAS) for logistics transportation.
According to the agreement, Hyundai Motor Group will first consider utilizing the Seosan and Taean areas as sites for urban-type future aviation and other new business facilities. They also plan to cooperate in developing urban-type future aviation that can operate using aviation facilities in the Seosan and Taean regions.
Chungnam Province has agreed to contribute to fostering the green hydrogen industry in the Cheonsuman B District area. They intend to support the development of a hydrogen-based AAM industry by linking the local hydrogen energy transition regulatory free zone and regional innovation clusters.
Chungnam Province expects that the process of creating an AAM industrial ecosystem in the Seosan reclaimed land will play a positive role in attracting the Green UAM-AAV (future aircraft) core parts testing and evaluation center currently being promoted in the region, as well as in establishing related industrial clusters.
Kim Tae-heum, Governor of Chungnam Province, stated, “Chungnam is currently promoting the attraction of the Green UAM core parts testing and evaluation center and the establishment of related clusters around Bunamho in the Seosan reclaimed land B District,” adding, “The series of projects being pursued in the region align with Hyundai Motor Group’s hydrogen society vision and AAM business development strategy.”
He continued, “The Seosan reclaimed land is a land of opportunity pioneered by the late Chairman Chung Ju-yung, who transformed barren land,” and said, “Just as this area laid the foundation for self-sufficiency in food in the past, we will ensure that it can be used as an advanced industry outpost for smart farms, advanced bio, and hydrogen-based AAM in the future.”
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Meanwhile, Hyundai Motor Group established an independent corporation called ‘Supernal’ in the United States in November 2021 to begin developing UAM aircraft, and has set up and is operating an AAM headquarters in Korea.
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