- South Korean company Hyundai signed an MoU with US ride-hailing company Uber to develop Air Taxi.
- Under this partnership, Hyundai Motor will produce and deploy the Air Vehicles while Uber will provide Airspace Support Services, connections to ground transportation and customer interfaces through an aerial rideshare network.
- About Hyundai Motor
i) HQ - Seoul, South Korea
ii) Chairman - Chung Mong-koo
iii) President​ and CEO - Lee Won-hee
iv) Founder - Chung Ju-yung (29th December 1967)
- About Uber
i) HQ - San Francisco, California, US
ii) Founder - Garrett Camp, Travis Kalanick (March 2009)
iii) Chairman - Ronald Sugar
iv) CEO - Dara Khosrowshahi
Published On : 08 Jan 2020
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