Hyundai Motor Company will leverage its EV and electrified powertrain capabilities, along with the expertise of its affiliate Supernal, together with Korea Aerospace Industries’ composite aircraft development know-how.
Hyundai Motor Group and Korea Aerospace Industries, Ltd. (KAI) announced the signing of a Memorandum of Understanding (MoU) to develop future Advanced Air Mobility (AAM) solutions.
The agreement was signed in the presence of key executives, including Jaehoon Chang, Vice Chair of Hyundai Motor Group; and Jong-chul Kim, President and CEO of KAI. The collaboration between the two parties will focus on the joint development of an AAM aircraft, based on electrified aviation powertrains.
Gang Hyun Seo, President and Head of Corporate Planning Office of Hyundai Motor Group, said: “Our partnership with Korea Aerospace Industries, a leader in Korea’s aerospace industry, represents a significant step forward in our efforts to develop future air mobility solutions. By introducing safe and efficient Advanced Air Mobility offerings, we aim to expand the boundaries of mobility into the skies.”
Under the agreement, the two parties will leverage Hyundai Motor Group’s expertise in electrified aviation powertrain development and KAI’s aircraft airframe development capabilities to jointly develop and mass produce competitive future air mobility aircraft. The collaboration extends beyond the sharing of technological and human resources to include broad cooperation across supply chains, certification processes, and global customer networks.
Supernal, Hyundai Motor Group’s U.S.-based Advanced Air Mobility affiliate, and KAI will jointly develop the AAM aircraft. Separately, Hyundai Motor Group and KAI will collaborate on the commercialization of electrified aviation powertrains being developed by Hyundai Motor Group’s Aviation Powertrain Sub-Division. In addition, the two companies plan to identify new areas of cooperation across the broader aviation industry and further expand their collaboration.
Together Hyundai Motor Group and KAI will leverage their electrification and aerospace expertise to accelerate safe and innovative next-generation aviation solutions.
