Hyundai and Uber Announce Aerial Ridesharing Partnership, Release New Full-Scale Air Taxi Model at CES

LAS VEGAS,Jan. 7,2020 --Hyundai Motor Company and Uber have today announced a new partnership to develop Uber Air Taxis for a future aerial ride share network and unveiled a new full-scale aircraft concept at the Consumer Electronics Show (CES). Hyundai is the first automotive company to join the Uber Elevate initiative,bringing automotive-scale manufacturing capability and a track record of mass-producing electric vehicles. The air vehicle concept Hyundai released today was created in part through Uber's open design process,a NASA-inspired approach that jump-starts innovation by publicly releasing vehicle design concepts so any company can use them to innovate their air taxi models and engineering technologies.

S-A1 : Personal Air Vehicle (PAV). eVTOL mobility solution that enables urban air travel

Media images of Hyundai's air vehicle concept are available here.

In this partnership,Hyundai will produce and deploy the air vehicles,and Uber will provide airspace support services,connections to ground transportation,and customer interfaces through an aerial ride share network. Both parties are collaborating on infrastructure concepts to support take-off and landing for this new class of vehicles.

"Our vision of Urban Air Mobility will transform the concept of urban transportation," said Jaiwon Shin,Executive Vice President and Head of Hyundai's Urban Air Mobility (UAM) Division. "We expect UAM to vitalize urban communities and provide more quality time to people. We are confident that Uber Elevate is the right partner to make this innovative product readily available to as many customers as possible."

"Hyundai is our first vehicle partner with experience of manufacturing passenger cars on a global scale. We believe Hyundai has the potential to build Uber Air vehicles at rates unseen in the current aerospace industry,producing high quality,reliable aircraft at high volumes to drive down passenger costs per trip. Combining Hyundai's manufacturing muscle with Uber's technology platform represents a giant leap forward for launching a vibrant air taxi network in the coming years," said Eric Allison,head of Uber Elevate.

In preparation for this announcement,Hyundai has worked with Uber Elevate to develop a PAV (Personal Air Vehicle) model,S-A1that utilizes innovative design processes to optimize electric vertical take-off and landing (eVTOL) aircraft for aerial ridesharing purposes. The Elevate initiative based this process on NASA's historical approach of putting design concepts out publicly to inspire innovation amongst multiple companies,spurring the development of common research models to investigate novel aerodynamic concepts and catalyzing industry progress in wing design,noise,aerodynamics,and simulation verification.

As a result,Hyundai's S-A1model unveiled at CES reflects previous eVTOL designs Uber Elevate has released in the following ways:

It is designed for a cruising speed up to 180 miles/hr (290 km/hr),a cruising altitude of around 1,000-2,000 feet (300 - 600 mt) above ground,and to fly trips up to 60mile (100 km).

The Hyundai vehicle will be 100% electric,utilizing distributed electric propulsion and during peak hours will require about five to seven minutes for recharging.

Hyundai's electric aircraft utilizes distributed electric propulsion,powering multiple rotors and propellers around the airframe to increase safety by decreasing any single point of failure. Having several,smaller rotors also reduces noise relative to large rotor helicopters with combustion engines,which is very importantto cities.

The model is designed to take off vertically,transition to wing-borne lift in cruise,and then transition back to vertical flight to land.

The Hyundai vehicle will be piloted initially,but over time they will become autonomous.

The cabin is designed with four passenger seats,allowing riders to board / disembark easily and avoid the dreaded middle seat with enough space for a personal bag or backpack / rider.

Ushering in the era of seamless mobility,Hyundai's exploration of future urban transportation incorporates the electric PAV concept with a new ground transportation,the Purpose Built Vehicle (PBV) concept. Hyundai's vision for creating communities from future transit systems comes into focus with yet another new infrastructure concept,called the Hub. When many PBVs and PAVs are docked and connected to a Hub,they make a new public space where diverse groups of people can come together.

Hyundai Motor's innovative smart mobility solutions including UAM,PBV,Hub and more will be showcased at Hyundai's CES booth in Las Vegas Convention Center North Hall,Booth 5431.

About Uber Elevate

Uber has announced a goal of flight demonstrations in 2020 and Elevate commercially available to riders in 2023. Uber entered into partnerships with several highly experienced manufacturers including: Hyundai Motor Group,Aurora Flight Sciences (now a subsidiary of Boeing),Bell,Embraer,Joby Aviation,Pipistrel Aircraft,Karem Aircraft and Jaunt Air Mobility. Uber has also entered into a real estate partnerships with Hillwood Properties,Related,Macquire,Oaktree and Signature. Uber has signed two Space Act Agreements with NASA one for the development of new Unmanned Traffic Management concepts and Unmanned Aerial Systems and another to explore concepts and technologies for Urban Air Mobility. Uber's analysis projects that an electric vehicle will travel at a speed up to 200mph and that eventually,after several years in a market,an Uber Elevate ride will cost the same as an UberX trip of the same distance.

About Hyundai Motor Company

Established in 1967,Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond with its range of world-class vehicles and mobility services available in more than 200 countries. Employing more than 110,000 employees worldwide,Hyundai has sold more than 4.5 million vehicles globally. Hyundai Motor continues to enhance its product line-up with vehicles that are helping to build solutions for a more sustainable future,such as NEXO,the world's first dedicated hydrogen-powered SUV.

Photo - /20200103/2681158-1?lang=0