Hyundai will produce and deploy the vehicles while Uber will provide aerial ride-share services.
Uber and Hyundai, for instance, gave widely different timelines for commercialisation, underlining these challenges. Hyundai is the first carmaker to join Uber’s air taxi project, which also counts Boeing subsidiary Aurora Flight Sciences among its partner firms.Uber, which has partnered with eight companies on its air taxi project, however, acknowledged it would be “unrealistic” to expect all its partners to go to market at the same time.
“The overall cost to produce and operate UAM vehicles should be really low enough for everyone to enjoy the freedom to fly,” Shin Jai-won, Head of Urban Air Mobility Division at Hyundai Motor, said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zinhle Muthwa's alleged killer arrested - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.[IN CASE YOU MISSED IT] A suspect has been arrested for the murder of 29-year-old ZinhleMuthwa in Umbumbulu, south of Durban. That is closer to where i am ,how can u kill a beutifully girl like her Ndumiso khumalo must rot in jail Good news.
Source: SABC News Online - 🏆 32. / 51 Read more »
Sanef to request meeting with eNCA over censorship allegations - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African National Editors' Forum (SANEF) will request a meeting with eNCA management to discuss allegations of censorship at the television news broadcaster.
Source: SABC News Online - 🏆 32. / 51 Read more »
South African business mogul Richard Maponya dies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South African entrepreneur and property developer Richard Maponya has died at the age of 99 after a short illness. Phumula baba, usebenzile ezweni Rip Mr Richard Maponya Liwile i qhawe,hamba kahle.
Source: SABC News Online - 🏆 32. / 51 Read more »
Cosatu calls on South Africans to emulate Maponya's life - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Condolences are pouring in after the passing of businessman Richard Maponya. Maponya passed away this morning after a short illness at the age of 99. How?When A.N.C allowed foreigners to squeeze out S.Ans out of jobs go to any township Spaza are owned by foreigners under your nose.Thanks Mr Maponya work his business not under A.N.C rule otherwise he will be like all of us. Instead of asking ANC to emulate him? But he was a capitalist?
Source: SABC News Online - 🏆 32. / 51 Read more »
NEWS ANALYSIS: Five business stories that will shape 2020The developments in corporate SA that will make headlines in the coming year
Source: BDliveSA - 🏆 12. / 63 Read more »